Kirby Corp. (KEX) Reports In-Line Q3 EPS

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Kirby Corporation Announces 2015 Third Quarter Results

October 28, 2015 5:00 PM EDT

HOUSTON, Oct. 28, 2015 /PRNewswire/ -- Kirby Corporation ("Kirby") (NYSE: KEX) today announced net earnings attributable to Kirby for the third quarter ended September 30, 2015 of $56.8 million, or $1.04 per share, compared with $76.7 million, or $1.34 per share, for the 2014 third quarter. Consolidated revenues for the 2015 third quarter were $532.6 million compared with $680.7 million for the 2014 third quarter.

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