Kirby expects full-year EPS growth to trend toward the upper end of its 5%-15% guidance range
Company expects 2026 net cash from operating activities of $575 mln to $675 mln
Kirby sees 2026 capital spending between $220 mln and $260 mln
Overview
US tank barge operator's Q2 revenue rose 8% yr/yr, beating analyst expectations
Q2 EPS was flat yr/yr at $1.67, up 11% sequentially
Company repurchased $59.7 mln in shares during Q2 2026
Result drivers and key details
Marine transportation demand - Revenue growth driven by strong customer demand, healthy barge utilization, and improved pricing in marine transportation
Power generation & industrial growth - Distribution and services revenues rose on continued demand for power generation and strong commercial and industrial activity
Margin pressure - Marine transportation margins were impacted by higher fuel costs and elevated shipyard activity, despite healthy demand
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