Kirby Q1 EPS $1.19 vs $0.68; revenue $808M; appoints O'Neil President & COO

KIRBY CORP

2024-Q1 EPS reported $1.19 revenue$808,022,000

GAAP EPS $1.19 vs $0.68; net earnings $70.1M; revenue $808M, +8% YoY.
Marine Transportation operating margin 17.5% vs 10.4% YoY; inland spot rates +15% YoY.
Distribution & Services revenue flat at $332.6M; power generation revenue +50% YoY, now 41% of segment.
Repurchased 498,505 shares for $41.8M at avg $83.82; acquired 13 barges and 2 boats.
Appointed Christian O'Neil as President & COO effective Apr 26; he was President of Marine.

item 2.02 item 5.02 item 9.01

Executive movements

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Role change

Christian G. O'Neil

President and Chief Operating Officer

KEX · KIRBY CORP

Effective: 2024-04-26
Filed: April 25, 2024, 7:59 PM ET

With effect on April 26, 2024 at the conclusion of the Company’s 2024 Annual Stockholder Meeting, Christian G. O’Neil, 52, will be appointed as Kirby’s President and Chief Operating Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Christian G. O'Neil was appointed as President and Chief Operating Officer at KIRBY CORP.

Action: appointed
Role: President and Chief Operating Officer

Exact text from the filing

With effect on April 26, 2024 at the conclusion of the Company’s 2024 Annual Stockholder Meeting, Christian G. O’Neil, 52, will be appointed as Kirby’s President and Chief Operating Officer.

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KIRBY CORP filing history →

Source: SEC EDGAR

accession 0000950170-24-048311

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