Kirby Corp. (KEX) Tops Q4 EPS by 1c

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Kirby Corporation Announces 2021 Fourth Quarter and Full Year Results and 2022 Outlook

January 27, 2022 7:00 AM EST

Fourth quarter 2021 GAAP earnings per share of $0.18 including a one-time $0.09 per share deferred tax provision related to a change in Louisiana tax lawFourth quarter 2021 adjusted earnings per share of $0.27Solid improvement in inland marine with barge market strengthening and operating margins approaching 10% Distribution and services activity sequentially lower due to supply chain delays and seasonalityMeaningful improvement expected in 2022 in both inland marine and distribution and... More