Kirby Corporation (KEX) reported third-quarter 2024 earnings of $1.55 per share, which beat the Zacks Consensus Estimate of $1.47 and improved 47.6% year over year.Find the latest EPS estimates and surprises on ZacksEarnings Calendar.Total revenues of $831.1 million surpassed the Zacks Consensus Estimate of $828.8 million and improved 8.6% year over year.David Grzebinski, Kirby’s chief executive officer, stated, “Our third quarter results reflected steady market fundamentals in both marine transportation an ...

Exhibit 99.1 KIRBY CORPORATION Contact: Kurt Niemietz 713-435-1077 FOR IMMEDIATE RELEASE KIRBY CORPORATION ANNOUNCES 2024 THIRD QUARTER RESULTS • Third quarter 2024 earnings per share of $1.55 • Continued strength in inland marine with a sequential increase in spot market prices and operating margins in the low 20% range • Continued strong market conditions in coastal marine with operating margins improving to the mid-teens range • Strong free cash flow generation with over $130 million of free cash flow in ...

Kirby Corporation (NYSE:KEX) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants Kurt Niemietz - Vice President of Investor Relations and Treasurer David Grzebinski - Chief Executive Officer Raj Kumar - Chief Financial Officer Christian O’Neil - President and Chief Operating Officer Conference Call Participants Daniel Imbro - Stephens Inc. Gregory Lewis - BTIG, LLC Benjamin Nolan - Stifel Financial Corp. Greg Wasikowski - Webber Research & Advisory Ken Hoexter - Bank of America ...

Kirby (KEX) reported $831.15 million in revenue for the quarter ended September 2024, representing a yearover-year increase of 8.7%. EPS of $1.55 for the same period compares to $1.05 a year ago. The reported revenue represents a surprise of +0.29% over the Zacks Consensus Estimate of $828.75 million. With the consensus EPS estimate being $1.47, the EPS surprise was +5.44%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

Kirby (KEX) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $1.05 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 5.44%. A quarter ago, it was expected that this barge operator would post earnings of $1.32 per share when it actually produced earnings of $1.43, delivering a surprise of 8.33%. Over the last four quarters, the company has s ...

Third quarter 2024 earnings per share of $1.55 Continued strength in inland marine with a sequential increase in spot market prices and operating margins in the low 20% range Continued strong market conditions in coastal marine with operating margins improving to the mid-teens range Strong free cash flow generation with over $130 million of free cash flow in the third quarter Kirby repurchased 483,335 shares at an average price of $115.46 for $55.8 million in the 2024 third quarter HOUSTON, Oct. 30, 2024 (G ...

Kirby (KEX) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Since a c ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the tr ...

Kirby's (KEX) robust segmental performance is bolstering the company's top line. The shareholder-friendly approach also bodes well for the company. Owing to these tailwinds, KEX shares have performed impressively on the bourse. If you have not taken advantage of its share price appreciation yet, it's time to do so. Let's delve deeper. Factors Favoring KEX Stock Robust Price Performance: A look at the company's price trend reveals that its shares have risen 50.5% over the past year, surpassing the industry's ...

HOUSTON, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) will announce its 2024 third quarter results at 6:00 a.m. Central Daylight Time ("CDT") on Wednesday, October 30, 2024. This announcement will be followed by an earnings conference call webcast at 7:30 a.m. CDT. For listeners who wish to participate in the question and answer session via telephone, please pre-register at Kirby Earnings Call Registration. All registrants will receive dial-in information and a PIN allowing the ...