$KEX

Kirby Corporation (KEX) reports Q3 earnings Wednesday, with analysts expecting $2.00 EPS on $935.15M revenue, up 21% and 7% YoY. All 7 analysts rate it a buy, with a $169 consensus target. JPMorgan initiated coverage with a $200 target. Investors focus on data center demand, pricing power, and operational costs.

Genco (GNK) reported fastest revenue growth among peers but stock is flat. Matson (MATX) beat estimates, stock up 12.4%. Pangaea (PANL) missed revenue expectations but stock rose 11.2%. Kirby (KEX) had slowest growth, stock down 5.6%. Scorpio Tankers (STNG) met revenue expectations, stock up 5.8%.

J.P. Morgan initiated coverage of Kirby KEX with an Overweight rating and $200 price target, citing strong inland barge demand, protected Jones Act franchise, and disciplined capital allocation. The analyst highlighted elevated utilization, recovering margins, and strong free cash flow.

Wall Street analysts made several calls: Mizuho upgraded Albemarle (ALB) citing battery storage demand, Goldman upgraded Trane (TT) with a $565 target, Morgan Stanley reiterated SpaceX (SPCX) overweight, Barclays downgraded Dell (DELL), Jefferies upgraded Brinker (EAT), Barclays initiated Alcoa (AA) and Kaiser (KALU) as overweight, JPMorgan initiated Kirby (KEX) and Arcus (RCUS) as overweight, and reiterated Apple (AAPL) overweight.

Wall Street analysts issued research calls on several companies. Upgrades include Albemarle (ALB) to Outperform, Brinker International (EAT) to Buy, Lockheed Martin (LMT) to Buy, and Trane Technologies (TT) to Buy. Downgrades include Albertsons (ACI) to Underperform, Dell (DELL) to Equal Weight, Hewlett Packard Enterprise (HPE) to Equal Weight, Lennox (LII) to Neutral, and NetApp (NTAP) to Equal Weight. Initiations include Alcoa (AA) with Overweight, Garmin (GRMN) with Buy, and others.

Kirby Corp's Vice President, Controller, and Assistant Secretary Ronald A. Dragg plans to retire in Q1 2027 after the 2026 Form 10-K filing. Dragg, 62, has served for about 30 years and will assist in the transition. No replacement or board role changes were disclosed.

KIRBY CORP (KEX) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 6, 2026, Ronald A. Dragg, 62, currently Kirby Corporation’s Vice President, Controller and Assistant Secretary,

Kirby Corporation (KEX) reports strong marine demand and improved pricing, but faces margin pressure. Q2 revenue rose 9% to $537M, while operating income fell 11% to $87.8M. Management forecasts 2026 revenue growth but notes cost challenges. KEX trades at 1.9X forward sales, above its 5-year median. Earnings estimates for 2026 are $7.07 per share, up from $6.33 in 2025.

Kirby Corporation (KEX) reported 7.8% Q2 revenue growth to $922.4M, beating estimates, but earnings were flat at $1.67 per share. Marine margins fell to 16.4% due to higher fuel costs, while power generation revenues rose 8%. The company maintained full-year earnings guidance of 5%-15% growth, expecting results to trend toward the upper end. Management anticipates fuel cost recovery and pricing improvements to boost margins in the second half.

Genco (GNK) reported $92.29M revenue, up 96.8% YoY, missing estimates but beating EBITDA. Kirby (KEX) reported $922.4M revenue, up 7.8% YoY, beating estimates. Scorpio Tankers (STNG) reported $391.8M revenue, up 75.9% YoY, in line with estimates. Stocks reacted differently post-earnings.