Kirby Corporation Announces 2021 First Quarter Results
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Kirby Corp. (KEX) Tops Q1 EPS by 47c
April 29, 2021 7:21 AM EDTKirby Corp. (NYSE: KEX) reported Q1 EPS of $0.59, $0.47 better than the analyst estimate of $0.12. Revenue for the quarter came in at $496.9 million versus the consensus estimate of $476.02 million.
2021 Outlook:
Commenting on the 2021 full year outlook, Mr. Grzebinski said, The first quarters financial results were impacted by continued pandemic headwinds, low pricing in marine transportation, and the impact of Winter Storm Uri. However, most of Kirbys businesses are starting to experience higher activity levels and improving market conditions. We believe the second quarter will show a modest improvement as... More
