Kirby Corp. (KEX) Tops Q2 EPS by 5c
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Kirby Corporation Announces 2022 Second Quarter Results
July 28, 2022 7:01 AM EDTSecond quarter 2022 earnings per share of $0.47, or earnings per share of $0.49 excluding one-time non-recurring items Inland marine results include a 14% sequential revenue increase, operating margin improvement, and increased spot and term market pricing Coastal marine was profitable with low single digit margins Robust oil and gas demand led to sequentially higher distribution and services revenue, operating income and margins despite persistent supply chain constraints Kirby repurchased 310,047 shares at an average price of $58.33 for $18.1 million... More
