Investors interested in Transportation - Shipping stocks are likely familiar with Teekay Tankers (TNK) and Kirby (KEX) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with spec ...

Kirby Corporation’s (KEX) prospects are being aided by robust top-line expansion, driven by increased demand in the distribution and services segment. The buoyant market conditions support the marine transportation unit’s performance. However, the coastal market's weakness and elevated capital costs could be concerning.Factors Favoring KEXReflecting the strong performance of the distribution and services segment, Kirby's fourth-quarter 2023 segmental revenues rose by 12.7% to $346.6 million, driven by incre ...

Kirby Corporation (KEX) shares gained 6.7% since its fourth-quarter 2023 earnings release earlier this month.Image Source: Zacks Investment ResearchQuarterly earnings per share (EPS) of $1.04 surpassed the Zacks Consensus Estimate by a penny and improved year over year. Total revenues of $799.2 million surpassed the Zacks Consensus Estimate of $781 million and improved 9% year over year.Total costs and expenses (on a reported basis) grew 5% year over year to $706.35million.Segmental PerformanceThe company o ...

Have you been paying attention to shares of Kirby (KEX) ? Shares have been on the move with the stock up 10.1% over the past month. The stock hit a new 52-week high of $88.08 in the previous session. Kirby has gained 12% since the start of the year compared to the 3.1% move for the Zacks Transportation sector and the 7.2% return for the Zacks Transportation - Shipping industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings cons ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File no. 1-07615 Kirby Corporation (Exact name of registrant as specified in its charter) Nevada 74-1884980 (State or other jurisdiction of incorpora ...

HOUSTON, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE:KEX) announced today that Kirby will present at the Stifel 2024 Transportation & Logistics Conference on Tuesday, February 13, 2024. Specifics of the conference presentation are as follows:                          Stifel 2024 Transportation & Logistics Conference Date:    Tuesday, February 13, 2024 Time: 9:20 a.m. Eastern / 8:20 a.m. Central Presenters: David Grzebinski, President and CEO Raj Kumar, Executive VP of Finance and CFO ...

HOUSTON, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE:KEX) announced today that Kirby will present at the Stifel 2024 Transportation & Logistics Conference on Tuesday, February 13, 2024. Specifics of the conference presentation are as follows:                          Stifel 2024 Transportation & Logistics Conference Date:    Tuesday, February 13, 2024 Time: 9:20 a.m. Eastern / 8:20 a.m. Central Presenters: David Grzebinski, President and CEO Raj Kumar, Executive VP of Finance and CFO ...

Investors with an interest in Transportation - Shipping stocks have likely encountered both Teekay Tankers (TNK) and Kirby (KEX) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positive estimate ...

Kirby Corporation (NYSE:KEX) Q4 2023 Earnings Conference Call February 1, 2024 8:30 AM ET Company Participants Kurt Niemietz - VP, IR and Treasurer David Grzebinski - President and CEO Raj Kumar - EVP and CFO Conference Call Participants Jack Atkins - Stephens Ben Nolan - Stifel Ken Hoexter - Bank of America Jon Chappell - Evercore ISI Greg Lewis - BTIG Greg Wasikowski - Webber Research and Advisory Operator Good morning and welcome to the Kirby Corporation 2023 Fourth Quarter Earnings Conference Call. [Ope ...

For the quarter ended December 2023, Kirby (KEX) reported revenue of $799.18 million, up 9.5% over the same period last year. EPS came in at $1.04, compared to $0.67 in the year-ago quarter.The reported revenue represents a surprise of +2.33% over the Zacks Consensus Estimate of $780.96 million. With the consensus EPS estimate being $1.03, the EPS surprise was +0.97%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their n ...