World Fuel Services Corp. (INT) reported fourth-quarter net income attributable to the company of $42.8 million or $0.60 per share, compared to $50.1 million or $0.70 per share in the comparable quarter last year.
Non-GAAP net income declined to $52.3 million or $0.73 per share, from $57.4 million or $0.81 in the year ago quarter. On average, five analysts polled by Thomson Reuters expected the company to report earnings of $0.69 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue for the quarter rose to $9.94 billion from $9.32 billion in the prior year quarter, while four analysts had consensus revenue estimate of $10.22 billion for the quarter.
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