Shares of Kirby KEX decreased 0.1% in pre-market trading after the company reported Q4 results.
Earnings per share decreased 36.21% over the past year to $0.37, which beat the estimate of $0.23.
Revenue of $489,756,000 decreased by 25.33% year over year, which missed the estimate of $490,750,000.
Earnings guidance hasn't been issued by the company for now.
Kirby hasn't issued any revenue guidance for the time being.
How To Listen To The Conference Call
Date: Jan 28, 2021
Time: 08:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/ghepxhqw
Recent Stock Performance
Company's 52-week high was at $86.66
52-week low: $32.76
Price action over last quarter: Up 32.58%
In its legacy marine transportation segment (46% of first-half 2018 sales), Kirby operates the largest fleet of tank barges on the U.S. inland waterway system. Since its incorporation in 1969, the firm's marine division has built a market- leading position by successfully rolling up smaller tank-barge fleets. Kirby also runs a large diesel-engine and oilfield-equipment services operation (54% of sales), that primarily serves the oil and gas industry, but also commercial and industrial customers.
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