Investing.com - World Fuel Services reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
World Fuel Services announced earnings per share of $0.67 on revenue of $15.66. Analysts polled by Investing.com anticipated EPS of $0.64 on revenue of $15.84B.
World Fuel Services shares are down 18% from the beginning of the year and are trading at $28.38 , down-from-52-week-high.
World Fuel Services shares gained 4.38% in after-hours trade the report.
World Fuel Services follows other major Energy sector earnings this month
World Fuel Services's report follows an earnings missed by TotalEnergies SE ADR on Thursday, who reported EPS of $3.83 on revenue of $64.92B, compared to forecasts EPS of $3.99 on revenue of $79.43B.
Schlumberger had beat expectations on Friday, October 21, 2022 with third quarter EPS of $0.63 on revenue of $7.5B, compared to forecast for EPS of $0.5507 on revenue of $7.1B.
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