Kirby (KEX) Q2 Earnings & Revenues Surpass Estimates, Up Y/Y

Kirby Corporation (KEX) reported second-quarter 2024 earnings of $1.43 per share, which beat the Zacks Consensus Estimate of $1.32 and improved 50.5% year over year. Total revenues of $824.4 million surpassed the Zacks Consensus Estimate of $821.7 million and improved 6.1% year over year. Total costs and expenses (on a reported basis) grew 2% year over year to $703.89million. Segmental Performance The company operates via two segments, namely, marine transportation, and distribution and services. Revenues i ...