World Kinect (WKC) Projected to Post Quarterly Earnings on Thursday

by · The Markets Daily

World Kinect (NYSE:WKC – Get Free Report) will likely be issuing its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect the company to announce earnings of $0.71 per share and revenue of $10.5046 billion for the quarter. World Kinect has set its FY 2026 guidance at 2.650-2.850 EPS. Parties can check the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 23, 2026 at 5:00 PM ET.

World Kinect (NYSE:WKC – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.44. World Kinect had a positive return on equity of 8.27% and a negative net margin of 1.53%.The business had revenue of $9.69 billion during the quarter, compared to analyst estimates of $9.29 billion. During the same quarter in the previous year, the company posted $0.48 earnings per share. World Kinect’s revenue for the quarter was up 2.5% on a year-over-year basis. On average, analysts expect World Kinect to post $3 EPS for the current fiscal year and $2 EPS for the next fiscal year.

World Kinect Stock Down 2.1%

NYSE WKC opened at $35.74 on Tuesday. The stock’s 50-day moving average price is $31.52 and its 200-day moving average price is $27.42. The company has a quick ratio of 0.87, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. World Kinect has a 52 week low of $22.21 and a 52 week high of $37.88. The company has a market capitalization of $1.84 billion, a P/E ratio of -3.50, a price-to-earnings-growth ratio of 0.75 and a beta of 1.19.

World Kinect Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 16th. Investors of record on Tuesday, June 30th were issued a $0.23 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.92 annualized dividend and a yield of 2.6%. This is a positive change from World Kinect’s previous quarterly dividend of $0.20. World Kinect’s payout ratio is currently -9.01%.

Insider Activity at World Kinect

In related news, Director Paul H. Stebbins sold 20,828 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $27.69, for a total transaction of $576,727.32. Following the completion of the transaction, the director directly owned 40,669 shares of the company’s stock, valued at approximately $1,126,124.61. This trade represents a 33.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Michael John Kroll sold 2,100 shares of World Kinect stock in a transaction on Monday, May 4th. The shares were sold at an average price of $27.30, for a total transaction of $57,330.00. Following the completion of the sale, the chief accounting officer owned 10,390 shares in the company, valued at approximately $283,647. This represents a 16.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 132,928 shares of company stock worth $3,983,065 in the last three months. Insiders own 3.80% of the company’s stock.

Institutional Trading of World Kinect

A number of large investors have recently added to or reduced their stakes in the company. Aquatic Capital Management LLC bought a new position in shares of World Kinect during the 3rd quarter valued at approximately $61,000. Aster Capital Management DIFC Ltd increased its position in World Kinect by 977.9% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,630 shares of the company’s stock worth $62,000 after purchasing an additional 2,386 shares during the last quarter. Raymond James Financial Inc. bought a new stake in World Kinect in the second quarter worth $96,000. Tower Research Capital LLC TRC raised its stake in World Kinect by 72.7% during the second quarter. Tower Research Capital LLC TRC now owns 6,021 shares of the company’s stock valued at $171,000 after purchasing an additional 2,534 shares in the last quarter. Finally, Corient Private Wealth LLC purchased a new stake in World Kinect during the second quarter valued at $214,000. Institutional investors own 97.06% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on WKC. Wall Street Zen raised shares of World Kinect from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Weiss Ratings raised shares of World Kinect from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, June 29th. Morgan Stanley raised their price objective on shares of World Kinect from $25.00 to $26.00 and gave the company an “underweight” rating in a research report on Tuesday, May 5th. Finally, Zacks Research downgraded shares of World Kinect from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 2nd. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $29.50.

Check Out Our Latest Research Report on WKC

About World Kinect

(Get Free Report)

World Kinect Energy Services, Inc (NYSE: WKC) is a global energy services company specializing in fuel procurement, supply chain management and risk mitigation solutions. The company offers an integrated platform that facilitates the sourcing, trading and logistics of refined fuels, natural gas, liquefied natural gas (LNG) and renewable energy products. Its services are designed to help industrial, commercial and institutional clients optimize energy costs, comply with environmental regulations and manage price volatility.

In addition to traditional commodity trading and delivery, World Kinect provides a suite of value-added services that include carbon offset and decarbonization strategies, energy efficiency consulting and emissions reporting.

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