Kirby reports Q1 EPS $1.33, consensus $1.28

Reports Q1 revenue $785.659M, consensus $816.01M. David Grzebinski, Kirby’s (KEX) Chief Executive Officer, commented, “Our first quarter results reflected improved market fundamentals in marine transportation and continued strong demand for power generation in distribution and services. These positive trends were partially offset by weather and navigational challenges in marine and continued supply delays in distribution and services. Overall, our combined businesses performed well during the quarter.”