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
Marine transportation service company Kirby (NYSE:KEX) fell short of the market’s revenue expectations in Q1 CY2025, with sales falling 2.8% year on year to $785.7 million. Its GAAP profit of $1.33 per share was 4.5% above analysts’ consensus estimates.
HOUSTON, May 01, 2025 (GLOBE NEWSWIRE) -- Kirby Corporation (“Kirby”) (NYSE: KEX) today announced net earnings attributable to Kirby for the first quarter ended March 31, 2025, of $76.0 million or $1.33 per share, compared with earnings of $70.1 million, or $1.19 per share for the 2024 first quarter. Consolidated revenues for the 2025 first quarter were $785.7 million compared with $808.0 million reported for the 2024 first quarter.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Genco (NYSE:GNK) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at marine transportation stocks, starting with Scorpio Tankers (NYSE:STNG).
Value stocks typically trade at discounts to the broader market, offering patient investors the opportunity to buy businesses when they’re out of favor.
The key risk, however, is that these stocks are usually cheap for a reason – five cents for a piece of fruit may seem like a great deal until you find out it’s rotten.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how marine transportation stocks fared in Q4, starting with Pangaea (NASDAQ:PANL).
HOUSTON, March 31, 2025 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) will announce its 2025 first quarter results at 6:00 a.m. Central Daylight Time (“CDT”) on Thursday, May 1, 2025. This announcement will be followed by an earnings conference call webcast at 7:30 a.m. CDT.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at marine transportation stocks, starting with Kirby (NYSE:KEX).
The best-performing stocks typically have robust sales growth, increasing margins, and rising returns on capital,
and those that can maintain this trifecta year in and year out often become the legends of the investing world.
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
Shares of marine transportation service company Kirby (NYSE:KEX)
jumped 7.5% in the afternoon session after the company reported decent fourth quarter results. Revenue was in line, and EBITDA beat. EPS missed significantly, but this was due to a one-time impairment charge. Growth was also slowed by seasonal softness in marine transportation and distribution services. Overall, it was a solid quarter when adjusting for these temporary setbacks.
Marine transportation service company Kirby (NYSE:KEX) met Wall Street’s revenue expectations in Q4 CY2024, but sales were flat year on year at $802.3 million. Its GAAP profit of $0.74 per share was 43.1% below analysts’ consensus estimates.
Wall Street is struggling to find risk-on momentum, with major indexes stuck near the flatline at midday as investors assess the latest earnings reports from mega-cap tech stocks and weaker-than-expected U.S.
Let’s dig into the relative performance of Scorpio Tankers (NYSE:STNG) and its peers as we unravel the now-completed Q3 marine transportation earnings season.
