World Fuel Services (INT) Tops Q3 EPS by 2c

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Go back to World Fuel Services (INT) Tops Q3 EPS by 2c

World Fuel Services Corporation Reports Third Quarter 2020 Results

October 29, 2020 4:15 PM EDT

MIAMI--(BUSINESS WIRE)-- World Fuel Services Corporation (NYSE: INT)

Third-Quarter 2020 Highlights

Total gross profit of $214.0 million, down 30% year-over-year GAAP net income of $82.0 million, or $1.29 per diluted share After-tax gain on sale of Multi Service of $63.9 million, or $1.00 per diluted share Adjusted net income of $20.7 million, or $0.33 per diluted share Adjusted EBITDA of $64.3 million

Modest improvements in certain areas of our global business, as well as the continued focus on cost containment and portfolio refinement, enabled us to profitably... More