Jefferies Lifts Numbers on Kirby Corp (KEX) Post Q1
Tweet
Share
E-mailGet Alerts KEX Hot Sheet
Price: $137.13 -0.8%
Rating Summary:
14 Buy, 8 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 4 | Down: 8 | New: 54
Rating Summary:
14 Buy, 8 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 4 | Down: 8 | New: 54
Join SI Premium – FREE
Jefferies raised estimates and its price target on Kirby Corporation (NYSE: KEX) following Q1 EPS of $0.95, ex-items, versus the consensus of $0.91 on stronger than expected utilization and pricing in the Company's coastal offshore business where utilization levels hit 90% during the quarter.
The firm raised Q2 EPS from $1.00 to $1.10, FY 2013 EPS estimates from $4.20 to $4.30 and FY 2014 EPS from $4.60 to $4.75.
The price target moves up from $87 to $90.
For an analyst ratings summary and ratings history on Kirby Corporation click here. For more ratings news on Kirby Corporation click here.
Shares of Kirby Corporation closed at $75.15 yesterday.
The firm raised Q2 EPS from $1.00 to $1.10, FY 2013 EPS estimates from $4.20 to $4.30 and FY 2014 EPS from $4.60 to $4.75.
The price target moves up from $87 to $90.
For an analyst ratings summary and ratings history on Kirby Corporation click here. For more ratings news on Kirby Corporation click here.
Shares of Kirby Corporation closed at $75.15 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Morgan Stanley Upgrades Telecom Argentina (TEO) to Overweight
- EQT Corp. (EQT) PT Lowered to $65 at Truist Securities
- Litchfield Hills Starts NextPlat (NXPL) at Buy
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT ChangeRelated Entities
Jefferies & CoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
