Earnings Preview : Q3 2024 Is Gearing Up To Be A Decisive Quarter For World Kinect Corporation ($WKC)

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World Kinect Corporation (WKC) is scheduled to reveal its financial results for the third quarter on Thursday 24th October 2024. This disclosure will take place after market close, providing investors with significant information regarding the company's performance in the last three months period.

the business is poised to announce an estimated $0.62 profit per share for the quarter, as predicted by financial experts on Wall Street. Additionally, the firm is expected to reveal a total revenue of $11.77 billion for this period.

The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $45 billion for the full year. Moreover, they anticipate the earnings per share to reach profit of $2.15 during the fiscal year.

During the same quarter of the previous year, the company's earnings report indicated a per-share income of $0.58. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $12.25 billion during that specific period.

 

WKC has scheduled a conference call on 24th October 2024 at 05:00 PM eastern time to discuss the third quarter financial results and other related information.

The previous trading day saw World Kinect Corporation (WKC) shares trading between $30.97 and $31.64, besides a volume of 848.40 thousand shares. The stock closed Tuesday's regular trading session at $31.37, showing 1.03 percent increase.