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Kirby Corp. (KEX) Tops Q4 EPS by 14c

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Kirby Corporation Announces 2020 Fourth Quarter and Full Year Results

January 28, 2021 7:00 AM EST

2020 fourth quarter earnings per share of $0.37 Marine transportation results continued to be impacted by reduced volumes Distribution and services activity continued to gradually recover with sequential revenue improvement and growth in commercial and industrial markets 2021 marine transportation demand expected to start improving in the second quarter with a more meaningful recovery in the second half of the year 2021 capital expenditures down ~10% year-on-year with projected free cash flow of $230 to $330 million

HOUSTON, Jan. 28, 2021... More