Kirby Q3 2022 EPS $0.65; revenue up 25% to $745.8M; inland marine margins improve to low double digits

KIRBY CORP

2022-Q3 EPS reported $1.41 revenue$2,054,589,000

GAAP EPS $0.65 vs net loss of $(4.41) in Q3 2021; adjusted EPS $0.17 excluding one-time items.
Total revenues $745.8M (+25% YoY); marine transportation revenue $433.0M (+28%).
Inland marine barge utilization low-90% (vs low-80% a year ago); spot rates up mid-20% YoY.
Distribution & services revenue $312.8M (+20% YoY); operating margin 7.1% vs 4.2%.
Full-year 2022 guidance: net cash from ops $390-450M, capex $170-190M, free cash flow $200-280M.

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.