secwatch.observer — SEC 8-K summary
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Issuer:     KIRBY CORP (KEX)
CIK:        0000056047
Form:       8-K
Filed at:   2025-01-30T23:59:59+00:00
Accession:  0000950170-25-010957
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kirby Q4 adj EPS $1.29 (+24% YoY); 2025 EPS growth guide 15-25%
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- GAAP EPS $0.74 includes $56.3M impairment on diesel frac equipment & $10.9M deferred tax credit; adj EPS $1.29 beats prior year $1.04.
- Revenue $802.3M ($3.3B FY); inland marine contracts repriced +6-9% YoY; coastal renewals up mid-to-high 20%.
- 2025 EPS growth guidance 15-25% YoY; marine margins expected to improve 200-300 bps; inland rev growth mid-high single digit.
- Repurchased 286,697 shares for $33.3M; reduced debt $105M in Q4; debt-to-cap ratio improved to 20.7%.
- Distribution & Services rev $335.5M (-3% YoY); power generation +36% YoY; oil & gas -38% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56047/000095017025010957/0000950170-25-010957-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56047/000095017025010957/kex-20250130.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-010957

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