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World Fuel Services Reveals 58% Decline In Q4 Earnings

World Fuel Services (INT) reported a profit for fourth quarter that retreated from last year.

The company said its profit came in at $25.2 million, or $0.36 per share. This was down from $60.2 million, or $0.86 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 15.8% to $7.79 billion. This was up from $6.73 billion last year.

World Fuel Services earnings at a glance:

-Earnings (Q4): $25.2 Mln. vs. $60.2 Mln. last year.
-Earnings Decline (Y-o-Y): -58.1%
-EPS (Q4): $0.36 vs. $0.86 last year.
-EPS Decline (Y-o-Y): -58.1%
-Revenue (Q4): $7.79 Bln vs. $6.73 Bln last year.
-Revenue Change (Y-o-Y): 15.8%

by RTT Staff Writer

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