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Kirby Corporation Announces 2024 Third Quarter Results
KEXKirby(KEX) GlobeNewswire News Room·2024-10-30 11:00

Third quarter 2024 earnings per share of 1.55Continuedstrengthininlandmarinewithasequentialincreaseinspotmarketpricesandoperatingmarginsinthelow201.55 Continued strength in inland marine with a sequential increase in spot market prices and operating margins in the low 20% range Continued strong market conditions in coastal marine with operating margins improving to the mid-teens range Strong free cash flow generation with over 130 million of free cash flow in the third quarter Kirby repurchased 483,335 shares at an average price of 115.46for115.46 for 55.8 million in the 2024 third quarter HOUSTON, Oct. 30, 2024 (G ...