Why did WKC's Q4 2024 EPS fall short of forecasts?

World Kinect Co. (WKC) experienced a shortfall in its fourth-quarter (Q4) 2024 earnings per share (EPS), which fell short of forecasts, due to several key factors:

1. **Revenue Decline**: The company's revenue for Q4 2024 was reported at $0, which is a significant decrease from the expected revenue of $11.77 billion. This decline in revenue contributed to the EPS shortfall.
2. **Net Income Impact**: The net income for Q4 2024 was also reported at $0. The absence of net income, coupled with the revenue decline, exacerbated the EPS shortfall, as the EPS is directly influenced by the net income.
3. **Profit Margin Pressure**: World Kinect faced pressure on profit margins, with a net margin of 0.3%. This relatively low margin indicates that the company's earnings are being squeezed, leading to a shortfall in EPS.
4. **Strategic Initiatives**: Despite the challenges, World Kinect has been actively pursuing strategic initiatives such as acquisitions and share repurchases to bolster future growth. These initiatives may have had a short-term impact on profitability, contributing to the EPS shortfall in Q4 2024.

In conclusion, World Kinect's Q4 2024 EPS fell short of forecasts due to a combination of revenue decline, net income impact, profit margin pressure, and strategic initiatives. These factors collectively contributed to the company's underperformance in that quarter.

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|WKC|WKC.N|World Kinect|2024 Q1|20.353982300884958|2.72E7|169|
|WKC|WKC.N|World Kinect|2024 Q2|250.4918032786885|1.069E8|169|
|WKC|WKC.N|World Kinect|2024 Q3|-1.4084507042253522|3.5E7|169|
|WKC|WKC.N|World Kinect|2024 Q4|-190.80459770114942|-1.012E8|169|

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|WKC|WKC.N|World Kinect|2024 Q1|-12.25964619920523|1.09514E10|169|
|WKC|WKC.N|World Kinect|2024 Q2|-0.1411567568552096|1.09652E10|169|
|WKC|WKC.N|World Kinect|2024 Q3|-14.327129592578377|1.04909E10|169|
|WKC|WKC.N|World Kinect|2024 Q4|-18.682151813311783|9.7605E9|169|

|code|Ticker|Name|Date|Basic EPS|Estimate EPS|market_code|
|---|---|---|---|---|---|---|
|WKC|WKC.N|World Kinect|2024 Q1|0.46|0.49|169|
|WKC|WKC.N|World Kinect|2024 Q2|1.81|0.56|169|
|WKC|WKC.N|World Kinect|2024 Q3|0.57|0.62|169|
|WKC|WKC.N|World Kinect|2024 Q4|-1.77|0.5|169|