Last $72.50 USD
Change Today -3.01 / -3.99%
Volume 1.1M
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Exchange
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As of 2:20 PM 01/29/15 All times are local (Market data is delayed by at least 15 minutes).

kirby corp (KEX) Snapshot

Open
$75.83
Previous Close
$75.51
Day High
$76.00
Day Low
$70.89
52 Week High
09/17/14 - $124.12
52 Week Low
01/29/15 - $70.89
Market Cap
4.1B
Average Volume 10 Days
720.2K
EPS TTM
$4.95
Shares Outstanding
57.1M
EX-Date
07/26/90
P/E TM
14.6x
Dividend
--
Dividend Yield
--
Current Stock Chart for KIRBY CORP (KEX)

kirby corp (KEX) Related Businessweek News

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kirby corp (KEX) Details

Kirby Corporation, through its subsidiaries, provides marine transportation and diesel engine services primarily in the United States. Its Marine Transportation segment provides transportation services for the inland and coastal markets. This segment transports petrochemicals, refined petroleum products, black oil products, and agricultural chemicals by tank barges; and is involved in the coastal transportation of dry-bulk cargoes. As of February 21, 2014, this segment owned or operated 861 inland tank barges, 253 inland towboats, 72 coastal tank barges, 76 coastal tugboats, 8 offshore dry-cargo barge and tugboat units, and 1 docking tugboat. The company’s Diesel Engine Services segment sells replacement parts; and provides service mechanics to overhaul and repair medium-speed and high-speed diesel engines, transmissions, reduction gears, pumps, and compression products; maintains facilities to rebuild component parts or entire medium-speed and high-speed diesel engines, transmissions, and entire reduction gears; and manufactures oilfield service equipment, including pressure pumping units. This segment serves inland and offshore barge operators, oilfield service companies, oil and gas operators and producers, compression companies, offshore fishing companies, marine, and on-highway transportation companies, as well as the United States Coast Guard, the United States Navy, and power generation, nuclear, and industrial companies. The company was formerly known as Kirby Exploration Company, Inc. and changed its name to Kirby Corporation in 1990. Kirby Corporation was founded in 1921 and is headquartered in Houston, Texas.

kirby corp (KEX) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: $440.0K
Executive Chairman and Member of Executive Co...
Total Annual Compensation: $827.5K
President of Kirby Inland Marine - LP and Pre...
Total Annual Compensation: $352.5K
President of Kirby Offshore Marine - LLC
Total Annual Compensation: $337.5K
Compensation as of Fiscal Year 2013.

kirby corp (KEX) Key Developments

Kirby Corporation Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Provides Earnings Guidance for the First Quarter and Full Year of 2015

Kirby Corporation reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported revenues of $668,297,000 compared with $568,397,000 for the same period last year. Operating income was $113,807,000 compared with $108,744,000 for the same period last year. Earnings before taxes on income were $108,783,000 compared with $102,905,000 for the same period last year. Net earnings attributable to the company was $68,051,000 or $1.19 diluted per share compared with $64,267,000 or $1.13 diluted per share for the same period last year. EBITDA was $157,946,000 compared with $149,414,000 for the same period last year. Capital expenditures were $121,046,000 compared with $46,180,000 for the same period last year. For the year, the company reported revenues of $2,566,318,000 compared with $2,242,195,000 for the same period last year. Operating income was $475,812,000 compared with $436,182,000 for the same period last year. Earnings before taxes on income were $454,390,000 compared with $408,678,000 for the same period last year. Net earnings attributable to the company was $282,006,000 or $4.93 diluted per share compared with $253,061,000 or $4.44 diluted per share for the same period last year. EBITDA was $642,561,000 compared with $597,749,000 a year ago. Capital expenditures were $355,144,000 compared with $253,227,000 for the same period last year. The company provided earnings guidance for the first quarter and full year of 2015. For the quarter, the company expects earnings of $1.05 to $1.15 per share compared with $1.09 per share. For the year, the company expects earnings of $4.50 to $4.70 per share compared with $4.93 per share earned in 2014. The 2015 capital spending guidance range is $300 to $310 million and includes approximately $75 million for the construction of 39 inland tank barges and three inland towboats, all expected to be delivered in 2015. The guidance range also includes approximately $85 million in progress payments on the construction of two 185,000 barrel coastal ATBs and two 155,000 barrel ATBs. The balance of $140 to $150 million is primarily for capital upgrades and improvements to existing inland and coastal marine equipment and facilities, as well as diesel engine services facilities.

Kirby Corporation to Report Q4, 2014 Results on Jan 28, 2015

Kirby Corporation announced that they will report Q4, 2014 results at 4:00 PM, Central Standard Time on Jan 28, 2015

Kirby Corporation Revises Earnings Guidance for the Fourth Quarter and Full Year of 2014

Kirby Corporation revised earnings guidance for the fourth quarter and full year of 2014. For the quarter, the company expects net earnings to be in the $1.10 per share to $1.20 per share range, below previously announced earnings guidance range of $1.30 to $1.40 per share. For the full year, the company is revising guidance to $4.84 per share to $4.94 per share, below previously announced guidance of $5.04 per share to $5.14 per share. The majority of the change in earnings guidance is a result of changes in land-based diesel engine services market. The reduction in revenue and profit in the land-based diesel engine services market, particularly in the manufacturing of new pressure pumping units, was the most significant factor in the change in anticipated fourth quarter results. In addition to customer cancellations and requested order deferrals, inbound orders in the land-based diesel engine services business have slowed. The company emphasis on growing the remanufacturing and service aspects of the business remains a key strategy. The service portion of the land-based diesel engine services business is expected to have less volatility through oil and gas cycles.

 

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Price/Earnings 15.5x
Price/Sales 1.7x
Price/Book 1.9x
Price/Cash Flow 9.7x
TEV/Sales 1.5x
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