Kirby Corp. (KEX) Tops Q1 EPS by 47c

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Go back to Kirby Corp. (KEX) Tops Q1 EPS by 47c

Kirby Corporation Announces 2021 First Quarter Results

April 29, 2021 7:00 AM EDT

First quarter 2021 loss per share of ($0.06) including approximately ($0.09) per share impact related to Winter Storm Uri
 Inland marine business adversely impacted by low pricing, reduced volumes related to Winter Storm Uri, and poor operating conditions
 Inland marine barge utilization recently recovered to the low to mid-80% range with expectations for continued improvement, particularly in the second half of the year
 Distribution and services segment had sequential revenue growth and positive operating margin with expectations for continued improvement in the second quarter... More