Kirby Corporation Announces 2015 First Quarter Results
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BofA/Merrill Lynch Downgrades Kirby (KEX) Two Notches to Underperform
May 1, 2015 8:19 AM EDTBofA/Merrill Lynch downgraded Kirby Corporation (NYSE: KEX) from Buy to Underperform with a price target of $72.00 (from $86.00). The change follows Q1 results. Analyst Ken Hoexter noted pricing pressure led to softer outlook, and he trimmed FY15/16 EPS estimates to $4.25/$4.80 (from $4.75/$5.65).
For an... More
FBR Capital Downgrades Kirby Corporation (KEX) to Market Perform
April 30, 2015 6:25 AM EDTFBR Capital downgraded Kirby Corporation (NYSE: KEX) from Outperform to Market Perform with a price target of $75.00.
Analyst John Mims commented, "We continue to believe Kirby is one of the best operators in the transport space, and we are not ones to regularly traffic in reactionary downgrades, but Kirby's 1Q15 print and 2015 guidance... More
Kirby Corp. (KEX) Tops Q1 EPS by 1c
April 29, 2015 5:05 PM EDTKirby Corp. (NYSE: KEX) reported Q1 EPS of $1.09, $0.01 better than the analyst estimate of $1.08. Revenue for the quarter came in at $587.7 million versus the consensus estimate of $611.2 million.
Kirby Corp. sees FY2015 EPS of $4.10-$4.40, versus the consensus of $4.59.
For earnings... More
