World Fuel Services (INT) Tops Q1 EPS by 13c

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Go back to World Fuel Services (INT) Tops Q1 EPS by 13c

World Fuel Services Corporation Reports First Quarter 2022 Results

April 28, 2022 4:15 PM EDT

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

First-Quarter 2022 Highlights

Total gross profit of $230.9 million, up 21% year-over-year GAAP net income of $26.3 million, or $0.41 per diluted share Adjusted net income of $26.8 million, or $0.42 per diluted share Adjusted EBITDA of $74.9 million

Our financial performance this quarter again demonstrates the value of our diversified business model, where challenges in our aviation business were counterbalanced by strong results in our marine and land businesses, stated Michael J. Kasbar, chairman and chief... More