secwatch / observer
8-K filed April 27, 2023, 7:59 PM ET ticker KEX CIK 0000056047
earnings confidence high sentiment positive materiality 0.70

Kirby Q1 EPS $0.68 vs $0.29 YoY; revenue $750M up 23%; inland marine margins low teens

KIRBY CORP

2023-Q1 EPS reported $0.68 revenue$750,444,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.99

KIRBY CORP reported first quarter ended March 31, 2023 results: revenue Consolidated revenues for the 2023 first quarter were $750.4 million, net income net earnings attributable to Kirby for the first quarter ended March 31, 2023 of $40.7 million, EPS $0.68.

Period
first quarter ended March 31, 2023
Revenue
Consolidated revenues for the 2023 first quarter were $750.4 million
Net income
net earnings attributable to Kirby for the first quarter ended March 31, 2023 of $40.7 million
EPS
$0.68
Result
reported results
Exact text from the filing
On April 27, 2023, Kirby Corporation ("Kirby" or the "Company") issued a press release announcing results for the first quarter ended March 31, 2023.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

KIRBY CORP shareholders approved Advisory vote to approve executive compensation at the 2023-04-25 meeting.

Proposal
say on pay
Outcome
passed
Meeting
2023-04-25
Exact text from the filing
3. The compensation of Kirby's named executive officers was approved on a non-binding advisory basis by the following vote: For 51,095,432 Against 3,544,424 Abstain 250,022 Broker non-votes 2,945,437
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

KIRBY CORP shareholders approved Ratification of appointment of KPMG LLP as independent auditor at the 2023-04-25 meeting.

Proposal
auditor ratification
Outcome
passed
Meeting
2023-04-25
Exact text from the filing
2. The Audit Committee's selection of KPMG LLP as Kirby's independent registered public accounting firm for 2023 was ratified by the following vote: For 56,879,103 Against 937,972 Abstain 18,240 Broker non-votes 0
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

KIRBY CORP shareholders approved Election of Class I Directors at the 2023-04-25 meeting.

Proposal
director election
Outcome
passed
Meeting
2023-04-25
Exact text from the filing
1. Richard J. Alario, Susan W. Dio, David W. Grzebinski, and Richard R. Stewart were elected Class I directors of Kirby to serve until the 2026 Annual Meeting of Stockholders by the following vote: For Against Abstain Broker Non-Votes Richard J. Alario 52,092,621 2,779,907 17,350 2,945,437 Susan W. Dio 54,796,455 75,842 17,581 2,945,437 David W. Grzebinski 54,426,074 447,841 15,963 2,945,437 Richard R. Stewart 53,493,524 1,378,569 17,785 2,945,437
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

KIRBY CORP shareholders approved Advisory vote on frequency of future say-on-pay votes at the 2023-04-25 meeting.

Proposal
say on pay frequency
Outcome
passed
Meeting
2023-04-25
Exact text from the filing
4. Kirby’s stockholders approved, on a non-binding advisory basis, the frequency of stockholder votes on the Company’s executive compensation to be every year: 1 Year 52,179,047 2 Years 6,858 3 Years 2,622,263 Abstain 76,420 Broker non-votes 2,950,716
View on SEC.gov

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KIRBY CORP filing history →

Source: SEC EDGAR
accession 0000950170-23-015055
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