Kirby Posts Q3 EPS of $2.09
KEX sits 54% above its 52-week low of $87.62.
Summary
Kirby reported third-quarter EPS of $2.09 on revenue of $977.2M, and narrowed its full-year 2026 EPS growth view. That compares with $1.67 in Q2, when earnings fell 5% as surging fuel costs squeezed marine margins while distribution and services grew. The sequential step-up suggests the margin pressure flagged last quarter has eased. Q2 also included a legal settlement and continued buybacks as offsets. Full segment results will determine whether this holds.
At the time of this announcement, KEX was trading at $134.59 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $7.2B. The 52-week trading range was $87.62 to $157.69. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.