Kirby Corp. (KEX) Tops Q2 EPS by 3c

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Kirby Corporation Announces 2021 Second Quarter Results

July 29, 2021 7:00 AM EDT

Second quarter 2021 earnings per share of $0.17  Inland marine results include a 13% sequential revenue increase, operating margin improvement, average barge utilization in the low to mid-80% range, and improved spot market pricing  Distribution and services delivers significantly improved revenue and operating income  Kirby expects continued improvement in marine transportation and distribution and services in the second half of 2021  Free cash flow estimate of $250 to $310 million for 2021

HOUSTON, July 29, 2021 (GLOBE NEWSWIRE) -- Kirby Corporation (Kirby or the Company) (NYSE:... More