secwatch.observer — SEC 8-K summary
======================================

Issuer:     KIRBY CORP (KEX)
CIK:        0000056047
Form:       8-K
Filed at:   2021-07-29T23:59:59+00:00
Accession:  0000950170-21-000591
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kirby Q2 EPS $0.17 vs $0.42 YoY; CFO Harvey to retire Q1 2022
-------------------------------------------------------------

- Net earnings $10.2M ($0.17 EPS) vs $25.0M ($0.42) in Q2 2020; revenue $559.6M (+3.4%).
- Marine Transportation rev $332.9M (-12.6% YoY); inland spot rates up 10% sequentially but down 10-15% YoY.
- Distribution & Services rev $226.7M (+41.5% YoY); operating income $6.2M vs loss $14.1M.
- Free cash flow guidance $250-310M for 2021; capex $125-145M.
- CFO William Harvey (63) intends to retire in Q1 2022; will remain until successor named.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56047/000095017021000591/0000950170-21-000591-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56047/000095017021000591/kex-20210727.htm
  HTML page:      https://secwatch.observer/filing/0000950170-21-000591

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer