World Kinect (WKC)
NYSE:WKC
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Earnings Data
Report Date
Jul 23, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.71Last Year’s EPS
0.59Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a largely positive tone driven by strong first-quarter profitability, significant outperformance in marine and solid aviation results (aided by the Universal Trip Support acquisition), and an upward revision to full-year adjusted EPS guidance. These positives were tempered by notable volume declines, a sharp hit to land segment gross profit due to portfolio exits, negative operating/free cash flow in Q1 from working capital increases, and elevated credit and market uncertainty. Management emphasized portfolio simplification, disciplined risk and capital allocation, and confidence in returning to positive free cash flow and continued margin improvement.Company Guidance
Consolidated Gross Profit Growth
Consolidated gross profit of $254 million, up 10% year-over-year, driven by strong execution across core segments and price/volatility-related opportunities.
Marine Outperformance
Marine gross profit of $66 million, up 82% year-over-year; volumes ~4 million metric tons, up 4% year-over-year. Bunker prices rose ~70% month-over-month in March, enabling exceptional quarter (third-best on record) through active risk and supplier management.
Aviation Strength and Acquisition Contribution
Aviation gross profit of $138 million, up 20% year-over-year despite volumes down 5%. Performance boosted by integration of Universal Trip Support (closed November) and some government/spot opportunities; integration on track.
Raised Full-Year Adjusted EPS Guidance
Full-year 2026 adjusted EPS guidance increased to $2.65–$2.85 from $2.20–$2.40, reflecting Q1 overperformance while maintaining baseline assumptions for the remainder of the year.
Portfolio Optimization Progress
Continuing exits from noncore, lower-margin land activities that have improved focus and financial flexibility; majority of exit work expected materially complete by end of Q2, with core land operating margin improving toward a 30% target for 2026.
Capital Return and Liquidity
Returned $86 million to shareholders in Q1 (including $75 million share repurchases completed in January). Management reiterates strong balance sheet and liquidity and expects to deliver positive free cash flow in 2026 despite Q1 cash effects.
WKC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WKC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 23, 2026 | $23.54 | $26.11 | +10.92% |
Feb 19, 2026 | $26.36 | $24.76 | -6.09% |
Oct 23, 2025 | $25.33 | $26.21 | +3.49% |
Jul 31, 2025 | $26.61 | $24.64 | -7.41% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does World Kinect (WKC) report earnings?
World Kinect (WKC) is schdueled to report earning on Jul 23, 2026, After Close (Confirmed).
What is World Kinect (WKC) earnings time?
World Kinect (WKC) earnings time is at Jul 23, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WKC EPS forecast?
WKC EPS forecast for the fiscal quarter 2026 (Q2) is 0.71.