World Kinect Corporation (NYSE:WKC) released its second-quarter 2025 earnings, surpassing EPS estimates with adjusted EPS of $0.59 per share. Despite macroeconomic challenges, the aviation segment saw an 8% YoY gross profit increase to $138 million, driven by European aircraft operations and private aviation. The Land segment, however, experienced a 17% gross profit decline due to divestitures and softness in North American liquid fuels demand. The company recorded a $367 million goodwill impairment related to its Land segment, but overall financial health remained strong with a 10% reduction in operating expenses and $13 million in free cash flow generated. World Kinect Corporation operates in aviation, land, and marine sub-segments within the energy market, serving regions across the globe.

Read more at Yahoo Finance: World Kinect Corporation (WKC) Releases Second-Quarter 2025 Earnings