FBR Capital Downgrades Kirby Corporation (KEX) to Market Perform
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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
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
