Kirby (KEX) Scheduled to Post Quarterly Earnings on Wednesday
Kirby (NYSE:KEX) is scheduled to announce its earnings results after the market closes on Wednesday, January 31st. Analysts expect the company to announce earnings of $0.52 per share for the quarter. Kirby has set its Q4 guidance at $0.40-0.55 EPS and its FY17 guidance at $1.90 to $2.05 EPS.
Kirby (NYSE:KEX) last issued its quarterly earnings results on Wednesday, November 1st. The shipping company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.08. Kirby had a return on equity of 4.48% and a net margin of 5.88%. The firm had revenue of $541.30 million for the quarter, compared to the consensus estimate of $517.54 million. During the same period in the prior year, the business posted $0.59 earnings per share. The company’s revenue for the quarter was up 24.5% on a year-over-year basis. On average, analysts expect Kirby to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of Kirby (NYSE:KEX) opened at $77.75 on Wednesday. The company has a quick ratio of 1.23, a current ratio of 1.93 and a debt-to-equity ratio of 0.36. Kirby has a fifty-two week low of $59.25 and a fifty-two week high of $79.65. The firm has a market capitalization of $4,670.00, a P/E ratio of 37.02, a PEG ratio of 3.79 and a beta of 1.04.
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Kirby Corporation is a domestic tank barge operator, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along all three United States coasts and in Alaska and Hawaii. The Company, through its subsidiaries, operates in two segments: Marine Transportation and Diesel Engine Services.
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