Kirby Corp (KEX) released earnings for its second quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line came in at $83.854 million, or $1.43 per share. This compares with $57.367 million, or $0.95 per share, in last year's second quarter.
Analysts on average had expected the company to earn $1.32 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 6.1% to $824.390 million from $777.248 million last year.
Kirby Corp earnings at a glance (GAAP) :
-Earnings (Q2): $83.854 Mln. vs. $57.367 Mln. last year.-EPS (Q2): $1.43 vs. $0.95 last year.-Revenue (Q2): $824.390 Mln vs. $777.248 Mln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.