Kirby

Kirby Corp. engages in the provision of diesel engines, reduction gears and ancillary products for marine and power generation applications. It operates through the following business segments: Marine Transportation and Distribution & Services segment. The Marine Transportation segment provides marine transportation services, operates tank barges and towing vessels transporting bulk liquid products and transports petrochemicals, refined petroleum and black oil products, and agricultural chemicals by tank barge. The Distribution & Services segment sells genuine replacement parts, provides service mechanics to overhaul and repair medium and high-speed diesel engines, transmissions, reduction gears, pumps and compression products, maintains facilities to rebuild component parts or entire medium and high-speed diesel engines, transmissions and reduction gears and manufactures and remanufactures oilfield service equipment, including pressure pumping units. The company was founded in 1921 and is headquartered in Houston, TX.

Earnings data Q1 2021

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Earnings data Q4 2024

Kirby reports robust Q4 earnings, optimistic outlook for 2023

Kirby Corporation delivered strong financial performance in Q4 2022, with revenue growth, improved margins, and a positive outlook for 2023 across its business segments.
Despite challenges like inflation and supply chain disruptions, Kirby remains focused on managing costs, driving growth, and creating shareholder value through strategic initiatives.
The company's confidence in its long-term strategy, optimism about market recovery, and proactive approach to addressing challenges position Kirby well for sustainable growth and profitability.
By leveraging opportunities for revenue growth, optimizing cost structures, and effectively managing supply chain issues, Kirby aims to enhance operational efficiency and capitalize on market dynamics.

Kirby reports solid Q1 earnings, eyes growth opportunities ahead

Kirby Corporation's Q1 2023 performance showed resilience despite challenges in certain segments. With a focus on growth opportunities and cost-effective operations, Kirby aims for improved financial results for the year. Strategic investments and operational enhancements position Kirby well for future profitability.

Kirby reports strong Q2 earnings amidst inflation challenges and growth opportunities

Kirby's Q2 performance reflects solid earnings and operational strength across segments.
While facing challenges from global economic trends and inflation, the company maintains strategic focus.
Opportunities lie in cash flow generation, strategic investments, and innovative initiatives.
Overall, Kirby's financial health and market positioning remain robust amidst industry challenges.

Kirby Corporation reports robust Q3 earnings amidst market challenges

Kirby Corporation delivered strong financial performance in Q3 2023 despite facing challenges in the Marine Transportation segment. The company's focus on key markets and services, along with strategic initiatives like eFrac technology and backup power solutions, positions it well for future growth and resilience in the face of supply chain disruptions.

Kirby Corporation excels in Q4 2023, anticipates strong 2024 growth

Kirby Corporation's strong performance in Q4 2023 was driven by robust demand in Marine Transportation and Distribution segments, leading to revenue growth and debt reduction. While facing supply chain challenges and labor shortages, the company aims for significant earnings growth in 2024 through strategic cash flow management and operational improvements.

Kirby reports robust Q1 earnings, eyes growth in data centers

Kirby Corporation delivered strong financial results in Q1 2024, driven by growth in key sectors despite challenges in Inland Marine Transportation and the Oil and Gas market. With a focus on margin capture and expansion in promising markets like data centers, Kirby remains optimistic about its long-term strategy and aims to enhance shareholder value.

Kirby Corporation reports robust Q2 earnings amidst growth opportunities

Kirby Corporation delivered strong financial performance in Q2 2024, driven by revenue growth and improved margins.
While facing capital spending challenges, the company's robust cash flow and market fundamentals offer a positive outlook.
Optimizing operational efficiencies and capitalizing on growth opportunities will be key for sustaining earnings growth.

Kirby (KEX) reports robust Q3 earnings, eyes growth opportunities

Kirby's Q3 performance reflects strong revenue growth, operational efficiency, and disciplined financial management
The company's diversified revenue streams and focus on shareholder returns position it well for future growth
While facing short-term margin challenges, Kirby remains optimistic about market conditions and expects solid financial results ahead

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Kirby Corp. is a tank barge operator, which engages in transporting bulk liquid products. It transports petrochemicals, black oil, refined petroleum products, and agricultural chemicals. It operates through Marine Transportation and Distribution and Services segments. The Marine Transportation segment provides marine transportation by United States flagged vessels principally of liquid cargoes throughout the United States inland waterway system. The Distribution and Services segment is involved in after-market service and genuine replacement parts for engines, transmissions, reduction gears and related equipment used in oilfield services, marine, power generation, on-highway, and other industrial applications. The company was founded in 1921 and is headquartered in Houston, TX.

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Here's Why Kirby (KEX) is a Strong Momentum Stock

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Kirby Stock: Favorable Coastal Supply/Demand Dynamics Driving Strong Earnings Growth

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

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Kirby Corporation (NYSE:KEX ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Kurt Niemietz - VP, IR & Treasurer David Grzebinski - President & CEO Raj Kumar - EVP & CFO Christian O'Neil - President & COO Conference Call Participants Greg Lewis - BTIG Ben Nolan - Stifel Joe Enderlin - Stephens Greg Wasikowski - Webber Research & Advisory Ken Hoexter - BofA Scott Group - Wolfe Research Operator Good day, and thank you for standing by. Welcome to the Kirby Corporation 2024 Second Quarter Earnings Conference.

Kirby Corporation (KEX) Q2 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Kirby (KEX) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Kirby (KEX) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Kirby (KEX) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.32 per share. This compares to earnings of $0.95 per share a year ago.

Kirby (KEX) Beats Q2 Earnings and Revenue Estimates

HOUSTON, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Kirby Corporation (“Kirby”) (NYSE: KEX) today announced net earnings attributable to Kirby for the second quarter ended June 30, 2024, of $83.9 million or $1.43 per share, compared with earnings of $57.4 million, or $0.95 per share for the 2023 second quarter. Consolidated revenues for the 2024 second quarter were $824.4 million compared with $777.2 million reported for the 2023 second quarter.

Kirby Corporation Announces 2024 Second Quarter Results

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Here's Why Momentum in Kirby (KEX) Should Keep going

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Kirby (KEX) Moves 4.7% Higher: Will This Strength Last?

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HOUSTON, June 28, 2024 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) will announce its 2024 second quarter results at 6:00 a.m. Central Daylight Time (“CDT”) on Thursday, August 1, 2024. This announcement will be followed by an earnings conference call webcast at 7:30 a.m. CDT.

Kirby Corporation Announces Date for 2024 Second Quarter Earnings Release and Earnings Webcast

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News for Kirby Stock (KEX)