Kirby Corporation (KEX) Misses Q4 EPS by 3c, Guides Q1 & FY16 EPS Below Consensus

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Go back to Kirby Corporation (KEX) Misses Q4 EPS by 3c, Guides Q1 & FY16 EPS Below Consensus

Kirby Corporation Announces 2015 Fourth Quarter And Full Year Results

January 27, 2016 5:01 PM EST

HOUSTON, Jan. 27, 2016 /PRNewswire/ -- Kirby Corporation ("Kirby") (NYSE: KEX) today announced net earnings attributable to Kirby for the fourth quarter ended December 31, 2015 of $50.7 million, or $0.94 per share, compared with $68.1 million, or $1.19 per share, for the 2014 fourth quarter. Consolidated revenues for the 2015 fourth quarter were $484.1 million compared with $668.3 million for the 2014 fourth quarter.  Kirby reported net earnings attributable to Kirby for full year 2015 of $226.7 million, or $4.11 per share, compared with $282.0 million, or $4.93 per share, for 2014.  Consolidated revenues for 2015 were $2.15 billion compared with $2.57 billion for 2014.

David Grzebinski, Kirby's President and Chief Executive... More