World Kinect posts record Q3 adjusted EPS but shares fall on lower‑quarter guidance
World Kinect reported third‑quarter 2026 adjusted earnings of $0.99 per share, an 83% year‑over‑year increase, on revenue of $13.27 billion. Marine gross profit surged 131% to $59 million despite an 8% volume decline, while land adjusted operating income doubled to $28 million. The company lifted its full‑year adjusted EPS outlook to $3.52‑$3.62 but warned that fourth‑quarter adjusted EPS would fall to about $0.50‑$0.60, prompting a 5.94% after‑hours share decline.
Why it matters
The raised full‑year adjusted EPS guidance signals stronger profitability, but the expected sequential drop in Q4 earnings suggests a slowdown, which drove the stock to fall 5.94% after the release.
Key facts
- 1Adjusted earnings per share for Q3 2026 were $0.99, up 83% YoY. stocktitan.net
- 2Revenue for the quarter was $13.27 billion. finance.yahoo.com
- 3Consolidated volumes declined 6% YoY to 4,026 million gallons and gallon equivalents. investing.com
- 4Marine segment gross profit increased 131% YoY to $59 million despite an 8% volume decline. investing.com
- 5Land segment adjusted operating income rose to $28 million, more than double the prior year. investing.com
- 6Full‑year 2026 adjusted EPS guidance was raised to a range of $3.52‑$3.62. finance.yahoo.com
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.