secwatch.observer — SEC 8-K summary
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Issuer:     KIRBY CORP (KEX)
CIK:        0000056047
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0000950170-23-055414
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56047/000095017023055414/0000950170-23-055414-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56047/000095017023055414/kex-20231026.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-055414

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