Kirby Corp. (KEX) Misses Q4 EPS by 1c, FY EPS Guidance Misses Consensus
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Kirby Corporation Announces 2019 Fourth Quarter and Full Year Results and Signs Agreement to Purchase the Inland Tank Barge Fleet of Savage Inland Marine
January 30, 2020 7:01 AM EST2019 fourth quarter GAAP earnings per share of $0.05, or earnings per share of $0.58 excluding one-time charges of $0.53 per shareOne-time pre-tax charges of $40.3 million or $0.53 per share primarily relates to severance and oil and gas related inventory write-downs Kirby has signed an agreement to acquire the inland tank barge fleet of Savage Inland Marine for approximately $278 million 2020 full year earnings per share guidance of $2.60 to $3.40
HOUSTON, Jan. 30, 2020 (GLOBE NEWSWIRE) -- Kirby Corporation (Kirby) (NYSE: KEX) today... More
