World Fuel Services (INT) Tops Q2 EPS by 12c

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Go back to World Fuel Services (INT) Tops Q2 EPS by 12c

World Fuel Services Corporation Reports Second Quarter 2022 Results

July 28, 2022 4:20 PM EDT

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

Second-Quarter 2022 Highlights

Total gross profit of $253.4 million, up 38% year-over-year GAAP net income of $24.4 million, or $0.39 per diluted share Adjusted net income of $25.8 million, or $0.41 per diluted share Adjusted EBITDA of $76.4 million

We generated solid results in the second quarter, demonstrating the strength and diversification of our business model, despite significant volatility experienced in the global energy markets. While we were impacted by severe backwardation throughout most of... More