Kirby Stock Price Increases 4.3% Since Reporting Q1 Earnings Beat
Shares of Kirby Corporation (KEX) have gained 4.3% since its first-quarter 2025 earnings release on May 1, 2025. The uptick can be attributed to the better-than-expected earnings performance.
Kirby reported mixed first-quarter 2025 earnings results wherein the company’s earnings beat the Zacks Consensus Estimate but revenues missed the same.
Quarterly earnings of $1.33 per share surpassed the Zacks Consensus Estimate of $1.27 and improved 11.7% year over year. Total revenues of $785.7 million missed the Zacks Consensus Estimate of $831.4 million and declined 2.7% year over year.
David Grzebinski, Kirby’s chief executive officer, stated, “Our…
