Kirby (KEX) reported Q1 earnings Thursday of $1.33 per diluted share, up from $1.19 a year earlier.
Analysts polled by FactSet expected EPS of $1.28.
Revenue for the quarter ended March 31 was $785.7 million, down from $808 million a year earlier. Analysts expected sales of $818.5 million.
The company said it repurchased about 1.26 million shares for $124.7 million from Jan. 1 through the end of April. Kirby also said it acquired 14 barges and four high-horsepower boats from an unnamed seller for $97.3 million.
Price: 97.58, Change: +1.21, Percent Change: +1.25
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