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Kirby Corporation (NYSE:KEX ) Q4 2024 Earnings Conference Call January 30, 2025 8:30 AM ET Company Participants Kurt Niemietz - VP, IR & Treasurer David Grzebinski - CEO Raj Kumar - CFO Christian O'Neil - President & COO Conference Call Participants Reed Seay - Stephens Benjamin Nolan - Stifel Adam Roszkowski - Bank of America Sherif Elmaghrabi - BTIG Greg Wasikowski - Webber Research Operator Good morning, and welcome to the Kirby Corporation 2024 Fourth Quarter Earnings Conference Call. All participants will be in a listen-only mode.
NEW YORK, Jan. 30, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP notifies investors of the approaching February 7, 2025, deadline to seek the role of lead plaintiff in a federal securities class action filed on behalf of those who acquired Marqeta, Inc. (“Marqeta” or the “Company”) (NASDAQ:MQ) securities between May 7, 2024, through November 4, 2024 (“the Class Period”).
While the top- and bottom-line numbers for Kirby (KEX) give a sense of how the business performed in the quarter ended December 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 $1.29 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings of $1.04 per share a year ago.
NEW YORK, Jan. 29, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Triumph Financial, Inc. (“Triumph” or the “Company”) (NASDAQ:TFIN). The investigation concerns whether Triumph and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.
Kirby Corporation is expected to report flat y/y revenue growth and a 24% y/y increase in EPS, despite inflationary pressures and seasonal softness. Analysts have revised EPS estimates downward, but Kirby has a strong track record of beating earnings expectations, suggesting potential for an upside surprise. The “drill, baby, drill” strategy under Trump's administration could boost demand for Kirby's transportation services, though the overall impact on oil prices and inflation remains uncertain.
KEX's fourth-quarter 2024 top line is expected to have been boosted by positive market dynamics and steady demand.
CNBC's Phil LeBeau and United Airlines CEO Scott Kirby join 'Squawk on the Street' to discuss the company's quarterly earnings results, impact of the new Trump administration, airline consolidation, growth outlook, Boeing deliveries, and more.
Kirby is grappling with supply-chain disruptions, which are hurting its prospects. Escalated operating expenses are a major headwind.
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 stocks presents investors with the better value opportunity right now?