Kirby Corp. (KEX) Tops Q2 EPS by 1c; Trims FY15 EPS Outlook

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Kirby Corporation Announces 2015 Second Quarter Results

July 29, 2015 5:00 PM EDT

HOUSTON, July 29, 2015 /PRNewswire/ -- Kirby Corporation ("Kirby") (NYSE: KEX) today announced net earnings attributable to Kirby for the second quarter ended June 30, 2015 of $58.1 million, or $1.04 per share, compared with $75.0 million, or $1.31 per share, for the 2014 second quarter.  Consolidated revenues for the 2015 second quarter were $543.2 million compared with $628.1 million reported for the 2014 second quarter. 

David Grzebinski, Kirby's President and Chief Executive Officer, commented, "Our results for the second quarter were largely in line with our expectations.  Demand across the majority of the products we carry in the inland marine transportation market... More