World Fuel Services Corp. (INT) Wednesday reported a second-quarter profit of $48.6 million or $0.68 per share, down from $50.2 million or $0.70 per share in the same period last year.
Net income attributable to noncontrolling interest was $6.3 million, compared to $470 thousand last year.
Adjusted earnings were $52.8 million or $0.74 per share, compared to $57.7 million or $0.81 per share last year.
On average, six analysts polled by Thomson Reuters expected the company to earn $0.67 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues totaled $9.62 billion, up from $8.71 billion last year. Analysts expected revenues of $10.06 billion.
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