Kirby Corporation Announces 2020 Second Quarter Results
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Kirby Corp. (KEX) Misses Q2 EPS by 3c
July 30, 2020 7:22 AM EDTKirby Corp. (NYSE: KEX) reported Q2 EPS of $0.42, $0.03 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $541.2 million versus the consensus estimate of $589.36 million.
2020 Outlook
Commenting on the 2020 full year outlook, Mr. Grzebinski said, In the past quarter, our businesses experienced unprecedented declines in demand as a result of the COVID-19 pandemic. Recently, we have seen slight increases in demand across the Company which we believe represent an initial recovery and a bottom to our activity and utilization levels. However, given the risk of future spikes in virus cases and... More
