Kirby Corporation Beats Q2 Earnings Estimates With 17% EPS Growth

Kirby Corporation reported a strong second quarter for 2025, with earnings per share of $1.67, marking a 17% increase year-over-year and surpassing analyst expectations. Revenue rose 3.8% to $855.5 million, driven by solid performance in both marine transportation and distribution services, including a notable 31% revenue increase in power generation. The inland marine segment experienced steady market conditions with improved spot market prices and operating margins in the low 20% range, while the coastal marine segment saw operating margins improve to the high teens. Despite maintaining full-year earnings growth guidance of 15-25%, CEO David Grzebinski noted that recent shifts in trade policy have introduced complexities that could push results toward the lower end of this range. Kirby also repurchased 331,900 shares during the quarter, reflecting confidence in its operational outlook amid a dynamic environment. The company’s performance outpaced many peers in the marine transportation sector, although long-term revenue growth has been modest compared to industrial sector benchmarks.