secwatch.observer — SEC 8-K summary
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Issuer:     KIRBY CORP (KEX)
CIK:        0000056047
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0000950170-24-089109
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56047/000095017024089109/0000950170-24-089109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56047/000095017024089109/kex-20240801.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-089109

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