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Kirby (KEX): Assessing Valuation After Third-Quarter Earnings Beat and Upbeat Guidance
Kirby (KEX) surprised investors by beating estimates in its third-quarter results. The company reported earnings per share of $1.65 and revenue of $871 million. Management’s upbeat guidance for the next quarter added momentum to the story.
See our latest analysis for Kirby.
Kirby’s strong third-quarter results and upbeat guidance appear to have sparked renewed momentum, with the share price jumping nearly 29% over the past month. However, looking at the bigger picture, the company’s total...