World Kinect: Q3 Earnings Snapshot

MIAMI (AP) — MIAMI (AP) — World Kinect Corporation (WKC) on Thursday reported third-quarter profit of $38 million.

On a per-share basis, the Miami-based company said it had profit of 70 cents. Earnings, adjusted for non-recurring costs, came to 99 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 96 cents per share.

The company that services ships, jets and trucks posted revenue of $13.27 billion in the period.

World Kinect expects full-year earnings in the range of $3.52 to $3.62 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WKC at https://www.zacks.com/ap/WKC