Kirby Corporation is a prominent marine transportation and diesel engine services company that operates in the inland and offshore markets. The company primarily focuses on the transportation of bulk commodities through its fleet of tank barges, which facilitate the movement of diverse liquids, including chemicals and petrochemicals, along rivers and coastal waterways. In addition to its transportation services, Kirby also provides engine services and repair solutions for marine and industrial applications, leveraging its expertise in diesel engines to support a variety of industries. With a commitment to safety and operational excellence, Kirby plays a vital role in the logistics and energy sectors, contributing to the efficient movement of critical resources. Read More
HOUSTON, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Kirby Corporation (“Kirby”) (NYSE: KEX), today announced that its Board of Directors has approved a new share repurchase authorization for up to eight million additional shares of the Company’s common stock. The action reflects the confidence in Kirby’s commercial and operational execution focused on delivering consistent and sustainable free cash flow generation in dynamic market conditions and reaffirms the Company’s capital allocation priorities of pursuing inland marine acquisitions, investing in new growth areas like power generation, and returning capital to shareholders.
As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the marine transportation industry, including Kirby (NYSE:KEX) and its peers.
Shares of marine transportation service company Kirby (NYSE:KEX)
fell 7.6% in the afternoon session after BofA Securities lowered its price target on the stock, citing concerns about softening demand for its inland barge business.
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Marine transportation service company Kirby (NYSE:KEX) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 3.8% year on year to $855.5 million. Its non-GAAP profit of $1.67 per share was 1.2% above analysts’ consensus estimates.
Marine transportation service company Kirby (NYSE:KEX) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 3.8% year on year to $855.5 million. Its GAAP profit of $1.67 per share was 2.7% above analysts’ consensus estimates.
HOUSTON, July 31, 2025 (GLOBE NEWSWIRE) -- Kirby Corporation (“Kirby”) (NYSE: KEX) today announced net earnings attributable to Kirby for the second quarter ended June 30, 2025, of $94.3 million or $1.67 per share, compared with earnings of $83.9 million, or $1.43 per share for the 2024 second quarter. Consolidated revenues for the 2025 second quarter were $855.5 million compared with $824.4 million reported for the 2024 second quarter.
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HOUSTON, June 30, 2025 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) will announce its 2025 second quarter results at 6:00 a.m. Central Daylight Time (“CDT”) on Thursday, July 31, 2025. This announcement will be followed by an earnings conference call webcast at 7:30 a.m. CDT.
