The earnings call reflects strong financial performance with significant growth in earnings per share, coastal marine transportation, and power generation despite some challenges in inland marine transportation and oil and gas revenue. The company remains confident in its ability to adapt to market dynamics and maintain strong cash flow and financial health.

Company Guidance -

Q3 2025

During the Kirby Corporation 2025 Second Quarter Earnings Call, the company provided detailed guidance on various financial metrics. For the second quarter, Kirby reported earnings per share of $1.67, marking a 17% increase from the previous year. The Inland Marine segment saw barge utilization rates in the low to mid-90% range, with operating margins in the low 20% range. Coastal Marine experienced utilization in the mid- to high 90% range and operating margins in the high teens, driven by a 20% increase in term contract renewals. The Distribution and Services segment reported a 31% year-over-year revenue increase in Power Generation, contributing to a 24% rise in operating income. Despite challenges, Kirby anticipates a 15% to 25% year-over-year earnings growth for 2025, maintaining a disciplined capital allocation strategy with plans for potential share repurchases and strategic investments.

Earnings Per Share Growth

Earnings per share increased by 17% year-over-year from $1.43 to $1.67.

Strong Performance in Coastal Marine Transportation

Barge utilization consistently in the mid- to high 90% range. Term contract renewals increased by mid-20% range year-over-year, leading to operating margins reaching the high teens.

Power Generation Revenue Surge

Power Generation revenues were up 31% year-over-year, driven by robust demand from data centers and industrial customers.

Distribution and Services Operating Income Increase

Operating income increased 24% year-over-year, driven by favorable product mix and cost control initiatives.

Record Free Cash Flow Guidance

Free cash flow guidance increased by $50 million, reflecting strong business performance and cash generation.

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
Oct 23, 2025	2025 (Q3)	1.70 / -	1.55	―	―	―
Jul 31, 2025	2025 (Q2)	1.66 / 1.67	1.43	16.78% (+0.24)
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)

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
Jul 31, 2025	$120.00	$95.31	-20.58%
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%

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 Oct 23, 2025, After Close (Confirmed).

What is Kirby Corp. (KEX) earnings time?

Kirby Corp. (KEX) earnings time is at Oct 23, 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 (Q3) is 1.7.

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