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Kirby Q3 2023 Earnings Report

Kirby logo
$104.14 -2.23 (-2.10%)
(As of 12/20/2024 05:31 PM ET)

Kirby EPS Results

Actual EPS
$1.05
Consensus EPS
$1.02
Beat/Miss
Beat by +$0.03
One Year Ago EPS
$0.65

Kirby Revenue Results

Actual Revenue
$764.77 million
Expected Revenue
$795.43 million
Beat/Miss
Missed by -$30.66 million
YoY Revenue Growth
+2.50%

Kirby Announcement Details

Quarter
Q3 2023
Time
Before Market Opens

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Kirby Earnings Headlines

Kirby (NYSE:KEX) Lowered to "Hold" Rating by StockNews.com
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Kirby Co. (NYSE:KEX) Given Consensus Rating of "Buy" by Analysts
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About Kirby

Kirby (NYSE:KEX) operates domestic tank barges in the United States. Its Marine Transportation segment provides marine transportation service and towing vessel transporting bulk liquid product, as well as operates tank barge throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along three United States coasts, and in Alaska and Hawaii. It also transports petrochemicals, black oils, refined petroleum products, and agricultural chemicals by tank barges; and operates offshore dry-bulk barges and tugboat units that are engaged in the offshore transportation of dry-bulk cargos in the United States coastal trade. It owns and operates 1,076 inland tank barges, approximately 281 inland towboats, 28 coastal tank barges, 25 coastal tugboats, 4 offshore dry-bulk cargo barges, 4 offshore tugboats, and a docking tugboat. Its Distribution and Services segment sells after-market service and genuine replacement parts for engines, transmissions, reduction gears, electric motors, drives, and controls, electrical distribution and control systems, energy storage battery systems, and related oilfield service equipment; rebuilds component parts or diesel engines, transmissions and reduction gears, and related equipment used in oilfield services, marine, power generation, on-highway, and other industrial applications; rents generators, industrial compressors, high capacity lift trucks, and refrigeration trailers; and manufactures and remanufactures oilfield service equipment, including pressure pumping units, as well as manufacturers electric power generation equipment, specialized electrical distribution and control equipment, and high capacity energy storage/battery systems. It serves to various companies, the United States government, and pleasure crafts. The company was formerly known as Kirby Exploration Company, Inc. and changed its name to Kirby Corporation in 1990. Kirby Corporation was founded in 1921 and is headquartered in Houston, Texas.

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