Kirby: Inland Recovery, Coastal Strength, And Power Generation Tailwinds Support Upside
KEX, MAT and UPBD have been added to the Zacks Rank #5 (Strong Sell) List on February 13, 2026.
KEX tops Q4 EPS estimates with 30% year-over-year growth, as marine transportation margins expand and distribution and services posts double-digit revenue gains.
Kirby faces macro-driven headwinds, with demand tied to refinery and chemical utilization; recovery depends on broader economic improvement. Q4 results showed resilient margins and a modest EPS beat, but management's 2026 EPS growth guidance was broad, and near-term visibility seems limited. Marine segment utilization and pricing face pressure on weaker refinery and chemical plant utilization, while Distribution & Services remains margin-dilutive despite Power Gen strength.
Kirby Corporation (KEX) Q4 2025 Earnings Call Transcript
Kirby (KEX) came out with quarterly earnings of $1.68 per share, beating the Zacks Consensus Estimate of $1.62 per share. This compares to earnings of $1.29 per share a year ago.
United CEO Scott Kirby joins 'Fast Money' to talk quarterly results, travel demand, the impact of tariffs, and more.
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Kirby (KEX) reported earnings 30 days ago. What's next for the stock?
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Kirby Corporation remains a buy, driven by robust performance, strategic diversification, and a well-positioned balance sheet. KEX's distribution and services segment is expanding, with power generation exposure benefiting from global data center growth trends. Despite inflation and oil price volatility, KEX's high contract exposure, operational efficiency, and prudent debt management mitigate risks.