secwatch.observer — SEC 8-K summary
======================================

Issuer:     KIRBY CORP (KEX)
CIK:        0000056047
Form:       8-K
Filed at:   2025-10-29T23:59:59+00:00
Accession:  0001193125-25-255469
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kirby Q3 EPS $1.65, +6% YoY; coastal margins ~20%, power gen rev +56%
---------------------------------------------------------------------

- EPS $1.65 vs $1.55; revenue $871.2M vs $831.1M; EBITDA $201.4M.
- Inland marine utilization mid-80%; spot rates down low-mid single digits. Coastal utilization mid-high 90%; term renewals up mid-teens.
- Distribution & services rev $386.2M (+12% YoY), op income +40% YoY, margin 11%. Power gen rev +56%.
- Repurchased 1.31M shares for $120M in Q3; additional 0.43M shares for $36M in Q4-to-date.
- FY2025 guidance: net cash ops $620-720M; capex $260-290M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56047/000119312525255469/0001193125-25-255469-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56047/000119312525255469/kex-20251029.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-255469

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