World Kinect, Q1
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Guidance language changed from initiating a full-year adjusted EPS framework and setting $2.20-$2.40 to raising the full-year range to $2.65-$2.85, while reiterating baseline assumptions for the remaining quarters. (Executive VP & CFO Tejada)
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World Kinect (NYSE:WKC) beats expectations in strong Q1 CY2026, stock jumps 19.7%
Energy management company World Kinect (NYSE:WKC) reported Q1 CY2026 results , with sales up 2.5% year on year to $9.69 billion. Its non-GAAP profit of $0.75 per share was significantly above analysts’ consensus estimates.
Shares of World Kinect surged after the company swung to a profit in the first quarter and lifted its outlook for the full year. Shares were up 22%, to $28.75, after the bell on Thursday. The stock closed up 1.
Fuel supplier World Kinect said gross profit from its bunker sales surged 86% on the back of higher prices. The Miami company, known by its customer-facing brand World Fuel, reported bunker profit growth that outperformed its land and aviation segments, helping propel the company to an earnings surprise.
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