Recent Updates — KEX
Kirby Corporation reported second quarter 2026 net earnings of $89.7 million, or $1.67 per diluted share, matching the prior year period despite a 9% increase in total revenues to $922.4 million from $855.5 million. Marine transportation revenues rose 9% to $537.0 million, while distribution and services revenues grew 6% to $385.4 million. The company returned $59.7 million to shareholders via share repurchases in the quarter and has bought an additional $29.0 million into Q3 at an average price of $139.92. Management expects full-year earnings per share growth to trend toward the upper end of its 5% to 15% guidance range, supported by strengthening inland marine fundamentals and robust power generation demand in distribution services. Kirby Corporation operates as a leading provider of marine transportation and industrial equipment services.