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

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World Fuel Services Corporation Reports Third Quarter 2021 Results

October 28, 2021 4:20 PM EDT

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

Third-Quarter 2021 Highlights

Total gross profit of $197.5 million, down 8% year-over-year GAAP net income of $21.7 million, or $0.34 per diluted share Adjusted net income of $22.7 million, or $0.36 per diluted share Adjusted EBITDA of $63.4 million

A strengthening economy combined with easing global travel restrictions contributed to another strong year-over-year increase in aviation activity, stated Michael J. Kasbar, chairman and chief executive officer. Despite lingering effects of the pandemic and ongoing supply chain... More