Kirby Corp. Reports Q4 EPS Beat, Revenue Rises

HOUSTON, March 9, 2023 /PRNewswire/ -- Kirby Corporation (KEX) announced its fourth-quarter 2023 financial results today, posting a net income of $42.8 million or $0.74 per share. Adjusted earnings reached $1.29 per share, surpassing consensus estimates of $1.27 per share.

Revenue for the quarter totaled $802.3 million. For the full year, Kirby Corp. reported a net income of $286.7 million, or $4.91 per share, on revenue of $3.27 billion.

Kirby Corp. is a marine transportation and logistics company headquartered in Houston, Texas. It serves the offshore oil and gas industry, inland river markets, and other sectors worldwide.