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Shares of World Fuel Services (NYSE:INT) fell in after-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share were up 200.00% year over year to $0.39, which beat the estimate of $0.29.
Revenue of $7,086,000,000 rose by 124.38% from the same period last year, which beat the estimate of $6,300,000,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
World Fuel Services hasn't issued any revenue guidance for the time being.
Details Of The Call
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Date: Jul 29, 2021
Time: 05:00 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/wt42ovd3
Price Action
52-week high: $37.68
52-week low: $18.36
Price action over last quarter: Up 5.53%
Company Description
World Fuel Services Corp is a global fuel logistics, transaction management, and payment-processing company that provides management solutions to companies in the aviation, marine, and land transportation industries. Through its three segments, the company offers fuel, lubricants, and crude oil to a diverse customer base. To aid customers with price-management, the company may enter into derivative contracts to mitigate the risk of market price fluctuations. World Fuel Services also offers fuel management, procurement of fuel, card payment solutions, and a host of other services in each of its segments. Through a global supplier network of third-party suppliers, the company is able to harvest a significant portion of its revenue from participants in the aviation industry.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.