Kirby Q2 EPS $1.43 beats $0.95 YoY; raises marine margin guidance; appoints EVP GC

KIRBY CORP

2024-Q2 EPS reported $2.62 revenue$1,632,412,000

Q2 net earnings $83.9M ($1.43/diluted) vs $57.4M ($0.95) prior year; revenue $824.4M, up 6%.
Marine Transportation rev $484.8M (+11% inland, +24% coastal); inland margins low 20%, coastal low teens.
Distribution & Services rev $339.6M (flat YoY); power gen +9%, C&I +9%, oil & gas up 22% sequentially.
FY guidance: inland rev high-single to low-double-digit, coastal low-double to mid-teens; op cash flow $600-700M.
Amy D. Husted promoted to EVP, General Counsel & Secretary; receives $100K RSUs vesting over 5 years.

item 2.02 item 5.02 item 9.01

Executive movements

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Role change

Amy D. Husted

Executive Vice President, General Counsel and Secretary

KEX · KIRBY CORP

Effective: 2024-07-29
Filed: August 1, 2024, 7:59 PM ET

On July 29, 2024, Amy D. Husted, age 55, was appointed the Company's Executive Vice President, General Counsel and Secretary.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Amy D. Husted was appointed as Executive Vice President, General Counsel and Secretary at KIRBY CORP.

Action: appointed
Role: Executive Vice President, General Counsel and Secretary

Exact text from the filing

On July 29, 2024, Amy D. Husted, age 55, was appointed the Company's Executive Vice President, General Counsel and Secretary.

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KIRBY CORP filing history →

Source: SEC EDGAR

accession 0000950170-24-089109

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