secwatch.observer — SEC 8-K summary
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Issuer:     KIRBY CORP (KEX)
CIK:        0000056047
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0000950170-24-118877
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kirby Q3 EPS $1.55 beats $1.05 YoY; revenue up 9% to $831.1M
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- EPS of $1.55 up 48% YoY; net earnings $90.0M vs $63.0M in Q3 2023.
- Marine transportation revenue $486.1M (+11% YoY); operating margin 20.5% (vs 14.8%).
- Inland spot rates up low double-digit YoY; coastal term renewals up high 20% YoY.
- Distribution & services revenue $345.1M (+3% YoY); margin 8.8% (vs 9.9%).
- Repurchased 483,335 shares for $55.8M; FY cash from ops guided $600-700M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56047/000095017024118877/0000950170-24-118877-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56047/000095017024118877/kex-20241030.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-118877

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