Kirby Corp. (KEX) Tops Q1 EPS by 2c

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Go back to Kirby Corp. (KEX) Tops Q1 EPS by 2c

Kirby Corporation Announces 2022 First Quarter Results

April 28, 2022 7:00 AM EDT

First quarter 2022 earnings per share of $0.29Marine transportation impacted by the COVID-19 Omicron variant in January and February, reducing earnings by approximately $0.10 per shareInland marine experienced significant market improvement in March with barge utilization increasing above 90% since mid-March Increased oil and gas demand sequentially boosted distribution and services results despite continued supply chain constraintsQuarterly earnings expected to improve as the year progresses

HOUSTON, April 28, 2022 (GLOBE NEWSWIRE) -- Kirby Corporation (Kirby) (NYSE:... More