Kirby Corp. (KEX) Tops Q3 EPS by 6c, Offers Guidance

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Kirby Corporation Announces 2018 Third Quarter Results

October 25, 2018 5:00 PM EDT

HOUSTON, Oct. 25, 2018 /PRNewswire/ -- Kirby Corporation ("Kirby") (NYSE: KEX) today announced GAAP net earnings attributable to Kirby for the third quarter ended September 30, 2018 of $41.8 million, or $0.70 per share, compared with $28.6 million, or $0.52 per share, for the 2017 third quarter.  Consolidated revenues for the 2018 third quarter were $704.8 million compared with $541.3 million reported for the 2017 third quarter.

David Grzebinski, Kirby's President and Chief Executive Officer, commented, "Overall, I am pleased with Kirby's third quarter results and the continued improvement in our marine transportation businesses.  In inland marine transportation, increasing volumes from petrochemical and black... More