While reporting financial results for the first quarter on Thursday, Kirby Corp. (KEX) increased its full-year 2026 earnings per share growth guidance range to a range of 5 to 15 percent, up from the prior guidance range of 0 to 12 percent.
"Kirby is off to a solid start to the year amid a global macro environment that has become more uncertain, driven in part by heightened geopolitical tensions and volatility across energy and industrial markets," said David Grzebinski, Kirby CEO.
The Company also expects to generate net cash provided by operating activities of $575 million to $675 million in 2026 and capital spending is expected to range from $220 million to $260 million.
In Thursday's regular trading session, KEX is trading on the NYSE at $154.34, up $1.84 or 1.21 percent.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.