Kirby (KEX) Q1 Earnings & Revenues Surpass Estimates, Up Y/Y

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 ...