Kirby Q3 GAAP loss $4.41/sh on $340.7M impairment; revenue up 21% to $599M; adj EPS $0.17

KIRBY CORP

2021-Q3 EPS reported -$4.30 revenue$1,655,394,000

Q3 GAAP net loss $264.7M ($4.41/sh) vs. profit $27.5M ($0.46/sh) last year; adjusted EPS $0.17.
Revenue $598.9M (+21% YoY); Marine Trans. op income $16.9M (5.0% margin), Dist. & Svcs. $11.0M (4.2%).
Recorded $340.7M pre-tax noncash impairment from exiting Hawaii coastal and retiring wire tank barges; $275M after-tax.
Inland barge utilization improved to high 80% in October; Q4 outlook sees sequential marine improvement.
FY2021 free cash flow guidance $250M-$290M; capex $120-$130M; debt reduced by $260.4M from year-end.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.