Kirby: Q4 Earnings Snapshot

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HOUSTON (AP) — HOUSTON (AP) — Kirby Corp. (KEX) on Thursday reported fourth-quarter net income of $61.9 million.

On a per-share basis, the Houston-based company said it had net income of $1.04.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.03 per share.

The barge operator posted revenue of $799.2 million in the period.

For the year, the company reported profit of $222.9 million, or $3.72 per share. Revenue was reported as $3.09 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KEX at https://www.zacks.com/ap/KEX

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