NYSE:KEXShipping
Kirby (KEX): Reassessing Valuation After Q3 Earnings Beat and Strong Coastal Marine, Power Generation Performance
Kirby (KEX) just delivered a Q3 earnings beat that caught the market’s attention, with revenue topping expectations and coastal marine plus power generation doing the heavy lifting for a sharp post report rally.
See our latest analysis for Kirby.
The upbeat Q3 has capped a powerful run, with a roughly 33% 3 month share price return and a 5 year total shareholder return of 117%. This suggests momentum is clearly building as investors reassess Kirby’s earnings power and risk profile.
If Kirby’s...