FBR Capital Downgrades Kirby Corporation (KEX) to Market Perform

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Go back to FBR Capital Downgrades Kirby Corporation (KEX) to Market Perform

BofA/Merrill Lynch Downgrades Kirby (KEX) Two Notches to Underperform

May 1, 2015 8:19 AM EDT

BofA/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

Kirby Corp. (KEX) Tops Q1 EPS by 1c

April 29, 2015 5:05 PM EDT

Kirby 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