Kirby (KEX) Reports Q1 Earnings: What Key Metrics Have to Say

Core Viewpoint - Kirby (KEX) reported a revenue of $785.66 million for the quarter ended March 2025, reflecting a year-over-year decline of 2.8% and an EPS of $1.33, which is an increase from $1.19 a year ago [1] Financial Performance - The reported revenue fell short of the Zacks Consensus Estimate of $831.37 million, resulting in a surprise of -5.50% [1] - The company achieved an EPS surprise of +4.72%, with the consensus EPS estimate being $1.27 [1] Key Metrics - Kirby's shares have returned -6.6% over the past month, compared to the Zacks S&P 500 composite's -0.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3] Revenue Breakdown - Distribution and services revenue was reported at $309.51 million, below the average estimate of $320.42 million, representing a year-over-year decline of 7% [4] - Marine transportation revenue was reported at $476.15 million, slightly above the average estimate of $510.95 million, with a year-over-year change of +0.2% [4] - Operating income for marine transportation was $86.58 million, exceeding the average estimate of $85.82 million [4] - General corporate expenses showed an operating income of -$3.70 million, better than the average estimate of -$5.24 million [4] - Distribution and services operating income was reported at $22.59 million, surpassing the average estimate of $16.74 million [4]