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Stock impact report

Kirby Corporation Announces 2024 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 2024 earnings per share of $1.19Inland marine experienced strong market conditions with a sequential increase in spot market prices and high-teens operating margins despite a sequential increase in delay daysCoastal operating margins improved to high single to low double-digit rangeBreaking out power generation at KDS as its significance continues to grow, constituting 41% of KDS revenues Kirby repurchased 498,505 shares at an average price of $83.82 for $41.8 million in the 2024 first quarterAcquired 13 barges, including three specialty barges, and two high horsepower boats from undisclosed sellerQuarterly earnings expected to strengthen as the year progresses Appoints Christian O’Neil as President and Chief Operating Officer effective April 26, 2024 HOUSTON, April 25, 2024 (GLOBE NEWSWIRE) -- Kirby Corporation (“Kirby”) (NYSE: KEX) today announced net earnings attributable to Kirby for the first quarter ended March 31, 2024, of $70.1 million or $1.19 per share, co Show less Read more
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