World Fuel Services (INT) Misses Q1 EPS by 15c

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World Fuel Services Corporation Reports First Quarter 2023 Results

April 27, 2023 4:15 PM EDT

First Quarter 2023 Highlights

Gross profit increased 14% to $263 million Net income decreased 13% to $23 million GAAP diluted earnings and adjusted diluted earnings per share of $0.36 Adjusted EBITDA increased 16% to $87 million

MIAMI--(BUSINESS WIRE)-- World Fuel Services Corporation (NYSE: INT) today reported financial results for the first quarter of 2023.

Results compared to the same period last year are as follows (unaudited - in millions, except percentages and per share data):

 

 

Three Months Ended March 31,

 

 

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