Kirby Corporation Announces 2019 First Quarter Results

Go back to Kirby Corporation Announces 2019 First Quarter Results

Kirby Corp. (KEX) Tops Q1 EPS by 5c, Revenues Miss; Affirms FY19 EPS Mid-Point Guidance Below Consensus

May 2, 2019 7:21 AM EDT

Kirby Corp. (NYSE: KEX) reported Q1 EPS of $0.74, $0.05 better than the analyst estimate of $0.69. Revenue for the quarter came in at $744.62 million versus the consensus estimate of $735.34 million.

2019 first quarter earnings per share of $0.74 2019 first quarter earnings negatively impacted by inland marine results with poor weather conditions and waterway closures resulting in record delay days Inland barge market very active with high utilization rates 2019 full year earnings per share guidance unchanged at $3.25 to $3.75

David Grzebinski, Kirbys President and Chief Executive Officer, commented, Kirbys first quarter results were... More