Kirby Corp (KEX) revealed a profit for first quarter that retreated from last year.
The company said its earnings totaled $27.48 million, or $0.51 per share. This was lower than $38.10 million, or $0.71 per share, in last year's first quarter.
The company said revenue for the quarter rose 7.2% to $491.71 million. This was up from $458.73 million last year.
Kirby Corp earnings at a glance:
-Earnings (Q1): $27.48 Mln. vs. $38.10 Mln. last year.
-Earnings Decline (Y-o-Y): -27.9%
-EPS (Q1): $0.51 vs. $0.71 last year.
-EPS Decline (Y-o-Y): -28.2%
-Revenue (Q1): $491.71 Mln vs. $458.73 Mln last year.
-Revenue Change (Y-o-Y): 7.2%
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