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Stock impact report

Kirby Corporation Announces 2022 First Quarter Results

Kirby Corporation (KEX) 
Last kirby corporation earnings: 1/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: kirbycorp.com/investor-relations
Company Research Source: GlobeNewswire
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: KEX) today announced net earnings attributable to Kirby for the first quarter ended March 31, 2022 of $17.4 million or $0.29 per share, compared with a loss of ($3.4) million, or ($0.06) per share for the 2021 first quarter. Consolidated revenues for the 2022 first quarter were $610.8 million compared with $496.9 million reported for the 2021 first quarter. David Grzebinski, Kirby’s President and Chief Executi Show less Read more
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