UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (cid:0) Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 or (cid:0) Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 1-7615 KIRBY CORPORATION (Exact name of registrant as specified in its charter) Nevada 74-1884980 (State or other jurisdiction of ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock aliv ...

Kirby Corporation’s (KEX) shareholder-friendly efforts and consistent earnings surprise history bolster investor confidence. Additionally, its strong cash flow generation signals promising prospects for the company. If you have not taken advantage of its share price appreciation yet, it’s time to do so.Let’s take a look at the factors that make the stock a strong investment pick at the moment.Robust Price Performance: A glimpse of the company’s price trend reveals that its shares have surged 51.1% in a year ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Sc ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the tr ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Kirby Corporation (KEX) reported first-quarter 2024 earnings of $1.19 per share, which beat the Zacks Consensus Estimate of 97 cents and improved 75% year over year. Total revenues of $808 million surpassed the Zacks Consensus Estimate of $784.4 million and improved 7.6% year over year.Total costs and expenses (on a reported basis) grew 2.5% year over year to $706.49million.Segmental PerformanceThe company operates via two segments, namely, marine transportation, and distribution and services.Revenues in th ...

Have you been paying attention to shares of Kirby (KEX) ? Shares have been on the move with the stock up 17.7% over the past month. The stock hit a new 52-week high of $114.35 in the previous session. Kirby has gained 42.9% since the start of the year compared to the -0.4% move for the Zacks Transportation sector and the 5.9% return for the Zacks Transportation - Shipping industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our ear ...

Exhibit 99.1 KIRBY CORPORATION Contact: Kurt Niemietz 713-435-1077 FOR IMMEDIATE RELEASE Segment Results – Marine Transportation Marine transportation revenues for the 2024 first quarter were $475.4 million compared with $412.5 million for the 2023 first quarter. Operating income for the 2024 first quarter was $83.0 million compared with $43.0 million for the 2023 first quarter. Segment operating margin for the 2023 first quarter was 17.5% compared with 10.4% for the 2023 first quarter. In the inland market ...

Kirby Corporation (NYSE:KEX) Q1 2024 Earnings Conference Call April 25, 2024 8:30 AM ET Company Participants Kurt Niemietz - VP, IR and Treasurer David Grzebinski - President and CEO Raj Kumar - EVP and CFO Christian O'Neil - President, Kirby Marine Transportation Group Conference Call Participants Ben Nolan - Stifel Sherif Elmaghrabi - BTIG Greg Wasikowski - Webber Research and Advisory Derek Podhaizer - Barclays Operator Good morning and welcome to the Kirby Corporation 2024 First Earnings Conference Call ...