The earnings call reflects a generally positive sentiment with significant earnings growth and improvements in marine segment utilization and pricing, despite challenges from weather impacts and supply delays.

Company Guidance -

Q1 2025

During the Kirby Corporation 2025 First Quarter Earnings Conference Call, the company announced earnings per share of $1.33, an increase from $1.19 in the first quarter of 2024. Marine Transportation segment revenues were $476 million, with an operating margin of 18.2%, reflecting a 4% year-over-year increase in operating income. Inland Marine Transportation experienced a 50% increase in delay days sequentially, with barge utilization rates in the low to mid-90% range. Spot prices rose in the low single digits sequentially and high single digits year-over-year. Coastal Marine saw utilization in the mid to high 90% range, with term contract renewals up by mid-20%. Distribution and Services segment revenues were $310 million, with operating margins of 7.3%. Power Generation revenues decreased 23% year-over-year due to supply delays, but oil and gas operating income increased 123% year-over-year. The company anticipates continued growth and improving financial results through 2025, maintaining their commitment to a balanced capital allocation approach, which includes share repurchases and potential acquisitions.

Strong Earnings Per Share Growth

Earnings per share for the first quarter increased to $1.33 from $1.19 in the same period last year.

Inland Marine Utilization and Pricing

Inland marine barge utilization rates were in the low to mid-90% range, with spot prices up in the low single digits sequentially and high single digits year-over-year.

Coastal Marine Pricing Improvements

Coastal marine term contract renewals saw mid-20% range price increases, with barge utilization levels in the mid to high 90% range.

Oil and Gas Operating Income Surge

Despite a revenue decline, operating income in the oil and gas sector increased by 123% year-over-year.

Kirby (KEX) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

KEX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 24, 2025	2025 (Q2)	1.65 / -	1.43	―	―	―
May 01, 2025	2025 (Q1)	1.28 / 1.33	1.19	11.76% (+0.14)
Jan 30, 2025	2024 (Q4)	1.28 / 1.29	1.04	24.04% (+0.25)
Oct 30, 2024	2024 (Q3)	1.46 / 1.55	1.05	47.62% (+0.50)
Aug 01, 2024	2024 (Q2)	1.31 / 1.43	0.95	50.53% (+0.48)
Apr 25, 2024	2024 (Q1)	0.99 / 1.19	0.68	75.00% (+0.51)
Feb 01, 2024	2023 (Q4)	1.03 / 1.04	0.67	55.22% (+0.37)
Oct 26, 2023	2023 (Q3)	1.03 / 1.05	0.65	61.54% (+0.40)
Jul 27, 2023	2023 (Q2)	0.85 / 0.95	0.49	93.88% (+0.46)
Apr 27, 2023	2023 (Q1)	0.64 / 0.68	0.29	134.48% (+0.39)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

KEX Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 01, 2025	$96.37	$99.58	+3.33%
Jan 30, 2025	$106.56	$112.12	+5.22%
Oct 30, 2024	$123.05	$115.59	-6.06%
Aug 01, 2024	$122.88	$113.70	-7.47%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Kirby Corp. (KEX) report earnings?

Kirby Corp. (KEX) is schdueled to report earning on Jul 24, 2025, After Close (Confirmed).

What is Kirby Corp. (KEX) earnings time?

Kirby Corp. (KEX) earnings time is at Jul 24, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is KEX EPS forecast?

KEX EPS forecast for the fiscal quarter 2025 (Q2) is 1.65.

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