Okayirby (KEX) got here out with quarterly earnings of $0.80 per share, beating the Zacks Consensus
Okayirby (KEX) got here out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.70 per share a yr in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of 12.68%. 1 / 4 in the past, it was anticipated that this barge operator would submit earnings of $0.81 per share when it truly produced earnings of $0.79, delivering a shock of -2.47%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates thrice.
Kirby, which belongs to the Zacks Transportation – Delivery trade, posted revenues of $666.81 million for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 7.35%. This compares to year-ago revenues of $704.85 million. The corporate has topped consensus income estimates thrice during the last 4 quarters.
The sustainability of the inventory’s rapid worth motion based mostly on the recently-released…