Kirby Corporation Announces 2022 Second Quarter Results
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Kirby Corp. (KEX) Tops Q2 EPS by 5c
July 28, 2022 7:16 AM EDTKirby Corp. (NYSE: KEX) reported Q2 EPS of $0.49, $0.05 better than the analyst estimate of $0.44. Revenue for the quarter came in at $698 million versus the consensus estimate of $672.85 million.
2022 Outlook:
Commenting on the 2022 full year outlook, Mr. Grzebinski said, We exited the quarter with continued momentum in our businesses. The marine market continues to gain strength and while our second quarter results were impacted by higher fuel costs in marine transportation, we expect to recover these costs during the second half of the year and into 2023. Refinery utilization is... More
