World Fuel Services (INT) Tops Q2 EPS by 22c, Revenues Miss
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World Fuel Services Corporation Reports Second Quarter 2020 Results
July 30, 2020 4:20 PM EDTMIAMI--(BUSINESS WIRE)-- World Fuel Services Corporation (NYSE: INT)
Second-Quarter 2020 Highlights
Total gross profit of $213.9 million, down 20% year-over-year GAAP net loss of $10.2 million, or $0.16 per diluted share Adjusted net income of $8.1 million, or $0.13 per diluted share Adjusted EBITDA of $57.1 millionThe resilience of our diversified business model produced a respectable result for the quarter despite volumes across all of our operating segments being negatively impacted by the global shutdown due to the COVID-19 pandemic, stated Michael J. Kasbar, chairman and chief... More
