World Kinect plunges after posting Q3 adjusted earnings in line with analyst estimates, but revenues fell 14%.

Despite a decline in consolidated gross profit, World Kinect Corp (WKC) capitalizes on strategic acquisitions and share repurchases to bolster future growth.

That left a Q3 profit margin on its bunker sales of $3.77/mt, up from $3.06/mt a year earlier and from $2.50/mt in Q2. Since ...

Bunkerspot provides news, in-depth analysis, expert comment and price indications for the global marine fuels industry ...

Fintel reports that on October 25, 2024, Stifel downgraded their outlook for World Kinect (NYSE:WKC) from Buy to Hold.

Fuel supplier World Kinect has reported a jump in bunker sale profits, as the resale business propped up the segment’s ...

World Kinect shares were down following its third-quarter earnings report and a downgrade from Stifel. The stock was 13% lower, at $27.12, Friday but is up about 19% this year. The company's ...

Stifel analyst Benjamin Nolan downgraded World Kinect (WKC) to Hold from Buy with a price target of $32, down from $33.The ...

Revenue Challenges: CVR Energy's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -12.03%. This indicates a decrease in top-line ...

Crude oil futures rose amid geopolitical uncertainty, and some analysts are saying OPEC+ likely will delay planned production ...

The Israeli military said its forces had killed a number of Palestinian gunmen. Middle Eastcategory Israel and Hezbollah trade fire across Lebanon border, Blinken calls for urgent resolution 6:51 ...