secwatch.observer — SEC 8-K summary
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Issuer:     KIRBY CORP (KEX)
CIK:        0000056047
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0000950170-24-009859
Event type: earnings
Sentiment:  positive
Materiality: 0.82
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kirby Q4 EPS $1.04 beats $0.67 adj. prior year; guides 30-40% EPS growth in 2024
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- Q4 revenue $799.2M (+9.4% YoY); net earnings $61.9M vs $37.3M.
- 2024 outlook: EPS growth 30-40%; cash from ops $600-700M; capex $290-330M.
- Board Chairman Joseph Pyne retiring; Richard Alario to succeed as Chair April 26, 2024.
- Inland marine margins high-teens; coastal margins low-single digits; D&S margins 8.3%.
- Repurchased 673k shares for $51.9M in Q4; debt reduced to $1.017B (24.2% debt-to-cap).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56047/000095017024009859/0000950170-24-009859-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56047/000095017024009859/kex-20240130.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-009859

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