Kirby Q3 EPS $1.05, up 62% YoY; revenue $764.8M; inland margins high teens

KIRBY CORP

2023-Q3 EPS reported $2.68 revenue$2,292,464,000

Q3 2023 EPS $1.05 vs $0.65 YoY; net earnings $63M; revenue $764.8M (+2.5%); EBITDA $148.5M.
Marine Transportation: op income $63.5M, margin 14.8% vs 9.6%; inland high-teens margins; coastal near break-even.
Distribution & Services: rev $334.9M (+7%), op income $33.2M (+49%), margin 9.9% vs 7.1%.
Repurchased 290,255 shares for $23.3M at avg $80.31; debt-to-cap 25.3%, liquidity $450.7M.
Q4 outlook: inland revs flat seq., margins improving; coastal revs up low-mid single digits; D&S revs up low-mid single digits; FY cash ops $475-525M, capex $330-380M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

KIRBY CORP reported the third quarter ended September 30, 2023 results: revenue $764.8 million, net income $63.0 million or $1.05 per share, EPS $1.05.

Period: the third quarter ended September 30, 2023
Revenue: $764.8 million
Net income: $63.0 million or $1.05 per share
EPS: $1.05
Result: reported results

Exact text from the filing

Kirby Corporation (“Kirby”) (NYSE: KEX) today announced net earnings attributable to Kirby for the third quarter ended September 30, 2023 of $63.0 million or $1.05 per share, compared with earnings of $39.1 million, or $0.65 per share for the 2022 third quarter. Consolidated revenues for the 2023 third quarter were $764.8 million compared with $745.8 million reported for the 2022 third quarter.

View on SEC.gov

Browse all earnings releases →

KIRBY CORP filing history →

Source: SEC EDGAR

accession 0000950170-23-055414

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

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.