Wall Street analysts predict that World Fuel Services Corp (NYSE:INT) will announce $0.49 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for World Fuel Services’ earnings, with estimates ranging from $0.48 to $0.50. World Fuel Services posted earnings of $0.52 per share during the same quarter last year, which would suggest a negative year over year growth rate of 5.8%. The company is expected to announce its next earnings report after the market closes on Thursday, April 25th.

According to Zacks, analysts expect that World Fuel Services will report full year earnings of $2.31 per share for the current fiscal year, with EPS estimates ranging from $2.30 to $2.34. For the next financial year, analysts anticipate that the business will post earnings of $2.75 per share, with EPS estimates ranging from $2.65 to $2.91. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that that provide coverage for World Fuel Services.

World Fuel Services (NYSE:INT) last announced its quarterly earnings data on Thursday, February 21st. The oil and gas company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.05. The company had revenue of $9.99 billion for the quarter, compared to analysts’ expectations of $10.40 billion. World Fuel Services had a net margin of 0.32% and a return on equity of 7.98%. World Fuel Services’s revenue was up 12.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.25 EPS.

Several equities analysts have issued reports on the stock. Zacks Investment Research raised shares of World Fuel Services from a “hold” rating to a “buy” rating and set a $31.00 price objective on the stock in a research note on Wednesday, February 27th. ValuEngine raised shares of World Fuel Services from a “sell” rating to a “hold” rating in a research note on Monday, February 4th. Finally, Seaport Global Securities reissued a “neutral” rating on shares of World Fuel Services in a research note on Friday, February 22nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $31.67.

INT traded down $0.26 during trading on Friday, hitting $30.74. The stock had a trading volume of 367,504 shares, compared to its average volume of 432,225. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.18 and a current ratio of 1.35. The stock has a market capitalization of $2.07 billion, a P/E ratio of 14.57, a P/E/G ratio of 2.68 and a beta of 1.07. World Fuel Services has a twelve month low of $19.78 and a twelve month high of $33.17.

The business also recently declared a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.78%. World Fuel Services’s dividend payout ratio (DPR) is presently 11.37%.

Several large investors have recently bought and sold shares of the company. BlackRock Inc. grew its stake in shares of World Fuel Services by 1.4% during the 4th quarter. BlackRock Inc. now owns 8,363,464 shares of the oil and gas company’s stock worth $179,063,000 after purchasing an additional 119,118 shares during the period. Dimensional Fund Advisors LP grew its stake in World Fuel Services by 4.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,685,164 shares of the oil and gas company’s stock valued at $121,718,000 after acquiring an additional 245,831 shares during the last quarter. Boston Partners grew its stake in World Fuel Services by 1.3% in the 4th quarter. Boston Partners now owns 4,832,593 shares of the oil and gas company’s stock valued at $103,466,000 after acquiring an additional 63,612 shares during the last quarter. Prudential Financial Inc. grew its stake in World Fuel Services by 1.4% in the 4th quarter. Prudential Financial Inc. now owns 1,569,345 shares of the oil and gas company’s stock valued at $33,600,000 after acquiring an additional 21,466 shares during the last quarter. Finally, Brandes Investment Partners LP grew its stake in World Fuel Services by 2.1% in the 4th quarter. Brandes Investment Partners LP now owns 1,359,004 shares of the oil and gas company’s stock valued at $29,097,000 after acquiring an additional 27,990 shares during the last quarter. 92.78% of the stock is currently owned by institutional investors and hedge funds.

World Fuel Services Company Profile

World Fuel Services Corporation engages in the distribution of fuel, and related products and services in the aviation, marine, and land transportation industries worldwide. Its Aviation segment supplies fuel, and related products and services to commercial airlines, second and third tier airlines, cargo carriers, regional and low-cost carriers, airports, fixed based operators, corporate fleets, fractional operators, private aircraft, military fleets, the U.S.

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Earnings History and Estimates for World Fuel Services (NYSE:INT)

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