Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $37.53 USD
Change Today -0.79 / -2.06%
Volume 183.0K
INT On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

world fuel services corp (INT) Key Developments

World Fuel Services Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Effective Tax Rate Guidance for the Full Year of 2015

World Fuel Services Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenue of $8,496.4 million against $11,342.5 million a year ago. Income from operations was $41.6 million against $59.8 million a year ago. Income before income taxes was $33.6 million against $56.6 million a year ago. Net income attributable to World fuel $29.9 million against $48.2 million a year ago. Diluted earnings per common share were $0.42 against $0.68 a year ago. Net cash provided by operating activities was $70.9 million against $10.4 million a year ago. Capital expenditures were $8.8 million against $11.1 million a year ago. Non-GAAP net income attributable to World Fuel was $37.9 million against $57.9 million a year ago. Non-GAAP diluted earnings per common share were $0.53 against $0.81 a year ago. EBITDA was $57 million, down 34% sequentially and 27% compared to the second quarter of 2014. For the six months, the company reported revenue of $15,837.1 million against $21,893.4 million a year ago. Income from operations was $113 million against $124.1 million a year ago. Income before income taxes was $98 million against $118.4 million a year ago. Net income attributable to World fuel $85.5 million against $99 million a year ago. Diluted earnings per common share were $1.20 against $1.39 a year ago. Net cash provided by operating activities was $117.8 million against $102 million a year ago. Capital expenditures were $21.9 million against $20 million a year ago. Non-GAAP net income attributable to World Fuel was $102.9 million against $116.3 million a year ago. Non-GAAP diluted earnings per common share were $1.44 against $1.63 a year ago. For the full year of 2015, the company expects effective tax rate to be between 16% and 19%.

World Fuel Services Mulls Acquisitions

World Fuel Services Corp. (NYSE:INT) is seeking acquisitions. Michael Kasbar, Chairman and Chief Executive Officer of World Fuel Services, said, “Our organic business development remains strong, and Ira and I are in the process of further building out our M&A team in order to put us in an even stronger position to capitalize on a very active acquisition pipeline.”

World Fuel Services Corp. to Report Q2, 2015 Results on Jul 30, 2015

World Fuel Services Corp. announced that they will report Q2, 2015 results at 5:00 PM, US Eastern Standard Time on Jul 30, 2015

World Fuel Services Corp., Q2 2015 Earnings Call, Jul 30, 2015

World Fuel Services Corp., Q2 2015 Earnings Call, Jul 30, 2015

World Fuel Services Corp. Presents at Boston Transportation Conference, Aug-11-2015 10:00 AM

World Fuel Services Corp. Presents at Boston Transportation Conference, Aug-11-2015 10:00 AM. Venue: Credit Suisse offices in Boston, 1 Federal Street, 18th floor, Boston, Massachusetts, United States. Speakers: Glenn Klevitz, VP Assistant Treasurer, Ira M. Birns, Chief Financial Officer and Executive Vice President.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
INT:US $37.53 USD -0.79

INT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Aegean Marine Petroleum Network Inc $7.40 USD -0.07
Exxon Mobil Corp $72.46 USD -1.33
FleetCor Technologies Inc $148.34 USD -1.37
View Industry Companies
 

Industry Analysis

INT

Industry Average

Valuation INT Industry Range
Price/Earnings 13.1x
Price/Sales 0.1x
Price/Book 1.5x
Price/Cash Flow 13.2x
TEV/Sales 0.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact WORLD FUEL SERVICES CORP, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.