World Kinect reports Q2 adjusted EPS 59c, consensus 48c

Reports Q2 revenue $9.04B, two estimates $9.32B. “Our Aviation business delivered strong results in the second quarter, underscoring the consistent value of our broad global offering,” said Michael J. Kasbar, Chairman and Chief Executive Officer. “While results in our land business were below expectations, we continue to reshape this business enabling us to better focus on our most resilient, ratable, and higher return core activities that should drive enhanced performance in the medium-term.”