Earnings To Watch: Kirby (KEX) Reports Q4 Results Tomorrow
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Kirby (KEX) will announce its Q4 earnings results tomorrow. Last quarter, it exceeded revenue expectations by 2.3%, reporting $871.2 million, a 4.8% year-on-year increase. Analysts expect a 7.7% revenue growth this quarter to $863.8 million, with adjusted earnings at $1.63 per share. Kirby has missed revenue estimates twice in the past two years. Positive sentiment in the transportation sector has seen Kirby's stock rise 15.7% recently, with an average analyst price target of $138.50 against a current price of $128.49.
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