Kirby (KEX) Q2 Earnings Surpass Estimates

Core Insights - Kirby (KEX) reported quarterly earnings of $1.67 per share, exceeding the Zacks Consensus Estimate of $1.59 per share, and up from $1.43 per share a year ago, representing an earnings surprise of +5.03% [1] - The company posted revenues of $855.46 million for the quarter ended June 2025, which missed the Zacks Consensus Estimate by 3.34%, compared to $824.39 million in the same quarter last year [2] - Kirby has surpassed consensus EPS estimates in all four of the last quarters, but has only topped revenue estimates once during the same period [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.85 on revenues of $888.02 million, and for the current fiscal year, it is $6.48 on revenues of $3.45 billion [7] - The estimate revisions trend for Kirby was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Transportation - Shipping industry, to which Kirby belongs, is currently ranked in the top 39% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]