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World Fuel Services: 2Q Earnings Snapshot

MIAMI (AP) _ World Fuel Services Corp. (INT) on Thursday reported second-quarter earnings of $37 million.

The Miami-based company said it had profit of 55 cents per share. Earnings, adjusted for one-time gains and costs, were 58 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share.

The company that services ships, jets and trucks posted revenue of $9.46 billion in the period.

World Fuel Services shares have risen 68% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $35.90, a climb of 64% in the last 12 months.


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