World Kinect Q4 revenue falls

Overview

• Energy management firm's Q4 revenue fell 7%

• Adjusted EPS for Q4 missed analyst expectations

• Company completed acquisition of Universal Weather and Aviation's Trip Support Services division

Outlook

• World Kinect expects full-year 2026 adjusted diluted EPS of $2.20 to $2.40

Result Drivers

• AVIATION SEGMENT GROWTH - Acquisition of Universal TSS boosted Aviation segment gross profit by 8%

• CREDIT FACILITY EXTENSION - Co amended and extended $2 bln credit facility to November 2030 to enhance liquidity

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", no "hold" and 2 "sell" or "strong sell"

• The average consensus recommendation for the oil & gas refining and marketing peer group is "buy."

• Wall Street's median 12-month price target for World Kinect Corp is $27.00, about 2.2% above its February 18 closing price of $26.43

• The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBw4XG8zNa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.