Kirby (KEX) Projected to Post Quarterly Earnings on Wednesday

Key Points

• Kirby is expected to report third-quarter 2026 results before the market opens on October 28. Analysts forecast earnings of $2.00 per share on revenue of approximately $938.84 million.
• In the prior quarter, Kirby surpassed expectations with EPS of $1.67 versus the $1.63 consensus and revenue of $922.4 million, up 7.8% year over year.
• Analysts remain generally positive, with seven Buy ratings and one Hold rating, an average “Moderate Buy” recommendation, and a consensus price target of $169.17 compared with the recent share price of $136.37.

Kirby (NYSE:KEX - Get Free Report) will likely be issuing its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect the company to announce earnings of $2.00 per share and revenue of $938.84 million for the quarter. Kirby has set its FY 2026 guidance at 7.280-7.280 EPS. Parties may review the information on the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 8:30 AM ET.

Kirby (NYSE:KEX - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The shipping company reported $1.67 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.63 by $0.04. The business had revenue of $922.40 million for the quarter, compared to analyst estimates of $870.38 million. Kirby had a net margin of 10.18% and a return on equity of 10.44%. The company's revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.67 EPS. On average, analysts expect Kirby to post $7.10 EPS for the current fiscal year and $8.40 EPS for the next fiscal year.

Kirby Price Performance

Shares of Kirby stock opened at $136.37 on Wednesday. The company's fifty day simple moving average is $137.41 and its two-hundred day simple moving average is $140.02. Kirby has a 12-month low of $85.10 and a 12-month high of $157.69. The firm has a market cap of $7.20 billion, a PE ratio of 20.98, a price-to-earnings-growth ratio of 1.22 and a beta of 0.84. The company has a quick ratio of 1.12, a current ratio of 1.68 and a debt-to-equity ratio of 0.30.

Analyst Upgrades and Downgrades

KEX has been the subject of a number of analyst reports. Weiss Ratings upgraded shares of Kirby from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, September 14th. BTIG Research reissued a "buy" rating and issued a $170.00 target price on shares of Kirby in a research note on Wednesday, July 29th. Citigroup reduced their price target on Kirby from $170.00 to $169.00 and set a "buy" rating on the stock in a report on Thursday, October 8th. Bank of America upped their price target on Kirby from $169.00 to $182.00 and gave the company a "buy" rating in a research report on Wednesday, July 8th. Finally, JPMorgan Chase & Co. started coverage on Kirby in a research report on Wednesday, October 14th. They set an "overweight" rating and a $200.00 price target for the company. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $169.17.

Kirby Company Profile

Kirby Corporation is a Houston-based marine transportation and industrial services company. Through its marine transportation operations, the company is the largest tank barge operator in the United States, transporting bulk liquid products on the nation's inland and coastal waterways.

Kirby's marine transportation business carries petrochemicals, refined petroleum products, black oil, agricultural chemicals and other bulk liquids for industrial customers. Its operations primarily serve the U.S.

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