Analysts forecast that World Fuel Services Corp (NYSE:INT) will announce $0.45 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Two analysts have made estimates for World Fuel Services’ earnings. World Fuel Services posted earnings of $0.25 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 80%. The company is expected to issue its next earnings report on Thursday, February 28th.

On average, analysts expect that World Fuel Services will report full-year earnings of $2.06 per share for the current fiscal year. For the next fiscal year, analysts expect that the company will post earnings of $2.30 per share, with EPS estimates ranging from $2.25 to $2.34. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for World Fuel Services.

World Fuel Services (NYSE:INT) last announced its quarterly earnings data on Thursday, October 25th. The oil and gas company reported $0.63 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.56 by $0.07. The business had revenue of $10.43 billion for the quarter, compared to analysts’ expectations of $10.47 billion. World Fuel Services had a negative net margin of 0.25% and a positive return on equity of 7.14%.

A number of equities research analysts have weighed in on the stock. TheStreet upgraded shares of World Fuel Services from a “d+” rating to a “c-” rating in a report on Tuesday, September 25th. Zacks Investment Research cut shares of World Fuel Services from a “buy” rating to a “hold” rating in a report on Thursday, September 27th. Finally, ValuEngine cut shares of World Fuel Services from a “buy” rating to a “hold” rating in a report on Tuesday, November 13th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. World Fuel Services currently has an average rating of “Hold” and a consensus target price of $32.00.

A number of institutional investors and hedge funds have recently made changes to their positions in INT. Point72 Hong Kong Ltd purchased a new stake in World Fuel Services in the second quarter worth about $110,000. Strs Ohio purchased a new stake in shares of World Fuel Services during the second quarter valued at approximately $189,000. RBF Capital LLC purchased a new stake in shares of World Fuel Services during the third quarter valued at approximately $208,000. Hartford Investment Management Co. purchased a new stake in shares of World Fuel Services during the second quarter valued at approximately $222,000. Finally, Hsbc Holdings PLC purchased a new stake in shares of World Fuel Services during the third quarter valued at approximately $253,000. Institutional investors and hedge funds own 92.91% of the company’s stock.

INT traded down $0.30 during midday trading on Monday, reaching $23.98. The company’s stock had a trading volume of 379,603 shares, compared to its average volume of 389,929. The stock has a market cap of $1.63 billion, a PE ratio of 12.89, a price-to-earnings-growth ratio of 2.36 and a beta of 0.79. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.11 and a current ratio of 1.32. World Fuel Services has a 1 year low of $19.78 and a 1 year high of $33.17.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 7th. Shareholders of record on Friday, December 14th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date of this dividend is Thursday, December 13th. World Fuel Services’s dividend payout ratio (DPR) is presently 12.90%.

About World Fuel Services

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 offers fuel management; price risk management; ground handling; dispatch; and international trip planning services, such as flight plans, weather reports, and overflight permits.

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

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