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Kirby Corporation Announces 2025 First Quarter Results
KEXKirby(KEX) GlobeNewswire News Room·2025-05-01 11:00

First quarter 2025 earnings per share of 1.33Inlandmarineexperiencedimprovedmarketconditionswithasequentialincreaseinspotmarketpricesandoperatingmarginsaround201.33Inland marine experienced improved market conditions with a sequential increase in spot market prices and operating margins around 20% despite an increase in delay daysKirby repurchased 1,258,031 shares at an average price of 99.16 for 124.7millionyeartodatethroughApril30,2025Acquired14barges,includingfourspecialtybarges,andfourhighhorsepowerboatsfromundisclosedsellerfor124.7 million year-to-date through April 30, 2025Acquired 14 barges, including four specialty barges, and four high horsepower boats from undisclosed seller for 97.3 millionQuarterly earnings and free cash flow expected to stre ...