Kirby reports Q3 EPS $1.55, consensus $1.47

Reports Q3 revenue $831.15M, consensus $827.02M. David Grzebinski, Kirby’s (KEX) Chief Executive Officer, commented, “Our third quarter results reflected steady market fundamentals in both marine transportation and distribution and services, even though we experienced some modest weather and navigational challenges for marine and continued supply challenges in distribution and services. These headwinds were mostly offset by good execution in both marine and distribution and services during the quarter that led to strong financial performance, with total revenues up 9% and earnings per share up 48% year-over-year.