(RTTNews) - Kirby Corp (KEX) reported earnings for fourth quarter that decreased from last year in line with the Street estimates.
The company's earnings came in at $42.817 million, or $0.74 per share. This compares with $61.906 million, or $1.04 per share, last year.
Excluding items, Kirby Corp reported adjusted earnings of $74.9 million or $1.29 per share for the period.
Analysts on average had expected the company to earn $1.29 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 0.4% to $802.315 million from $799.176 million last year.
Kirby Corp earnings at a glance (GAAP) :
-Earnings: $42.817 Mln. vs. $61.906 Mln. last year. -EPS: $0.74 vs. $1.04 last year. -Revenue: $802.315 Mln vs. $799.176 Mln last year.
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