World Fuel Services (INT) Tops Q2 EPS by 7c

World Fuel Services (NYSE: INT) reported Q2 EPS of $0.63, $0.07 better than the analyst estimate of $0.56. Revenue for the quarter came in at $6.63 billion versus the consensus estimate of $6.28 billion.

“During the quarter, our aviation segment posted strong results in their core resale operations and our land segment generated solid growth in retail and wholesale distribution,” stated Michael J. Kasbar, chairman and chief executive officer of World Fuel Services Corporation. “The recent acquisitions of PAPCO on the east coast and Associated Petroleum Products on the west coast have significantly expanded our U.S. commercial and industrial distribution platform. We are poised to execute on numerous development opportunities as our organic initiatives and strategic investments should emerge as meaningful growth drivers in 2017.”

For earnings history and earnings-related data on World Fuel Services (INT) click here.

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