KEX Stock Recent News

Kirby's (KEX) second-quarter 2024 earnings and revenues increase year over year.

Investors looking for stocks in the Transportation - Shipping sector might want to consider either ZIM Integrated Shipping Services (ZIM) or Kirby (KEX). But which of these two stocks offers value investors a better bang for their buck right now?

Kirby (KEX) could produce exceptional returns because of its solid growth attributes.

Kirby Corporation (NYSE:KEX ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Kurt Niemietz - VP, IR & Treasurer David Grzebinski - President & CEO Raj Kumar - EVP & CFO Christian O'Neil - President & COO Conference Call Participants Greg Lewis - BTIG Ben Nolan - Stifel Joe Enderlin - Stephens Greg Wasikowski - Webber Research & Advisory Ken Hoexter - BofA Scott Group - Wolfe Research Operator Good day, and thank you for standing by. Welcome to the Kirby Corporation 2024 Second Quarter Earnings Conference.

While the top- and bottom-line numbers for Kirby (KEX) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Kirby (KEX) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.32 per share. This compares to earnings of $0.95 per share a year ago.

HOUSTON, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Kirby Corporation (“Kirby”) (NYSE: KEX) today announced net earnings attributable to Kirby for the second quarter ended June 30, 2024, of $83.9 million or $1.43 per share, compared with earnings of $57.4 million, or $0.95 per share for the 2023 second quarter. Consolidated revenues for the 2024 second quarter were $824.4 million compared with $777.2 million reported for the 2023 second quarter.

Here is how Kirby (KEX) and Matson (MATX) have performed compared to their sector so far this year.

Investors with an interest in Transportation - Shipping stocks have likely encountered both ZIM Integrated Shipping Services (ZIM) and Kirby (KEX). But which of these two companies is the best option for those looking for undervalued stocks?

Kirby (KEX) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.