World Kinect announces Q3 adjusted EPS of 54 cents, falling short of consensus estimate of 61 cents.
Reports Q3 revenue $9.39B, two estimates $9.38B. "I'm proud of what we've achieved during my tenure, and this quarter's results reflect our financial discipline and the strength of our team," said Michael J. Kasbar, Chairman and Chief Executive Officer. "As I will soon be stepping back from day-to-day operations, I'm confident in Ira and our leadership team to carry our strategy forward. I look forward to supporting the company's long-term vision as Executive Chairman and helping ensure we remain focused on delivering value to shareholders."