Kirby Q2 Profit Beats Estimates - Quick Facts

(RTTNews) - Kirby Corporation (KEX) reported that its second-quarter net earnings attributable to company increased to $75.0 million, or $1.31 per share, from $63.1 million, or $1.11 per share, prior year.

On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $1.30 for the quarter. Analysts' estimates typically exclude special items.

Consolidated revenues increased 11% to $628.1 million from $563.9 million, prior year. Analysts expected revenue of $614.10 million for the quarter.

The company expects third-quarter earnings per share in the range of $1.30 to $1.40. Analysts expect the company to report third-quarter earnings per share of $1.33.

The company raised its full year 2014 guidance to $4.90 to $5.10. Analysts expect the company to report full year 2014 earnings per share of $5.03.