Kirby Q1 EPS rises to $1.19 from $0.68; names Christian O'Neil president and COO
Kirby reported first quarter 2024 net earnings attributable to Kirby of $70.1 million, or $1.19 per diluted share, up from $40.7 million, or $0.68 per share, a year earlier, on revenue of $808.0 million versus $750.4 million. The company also said it expects quarterly earnings to strengthen as the year progresses and named Christian G. O'Neil as President and Chief Operating Officer, effective April 26, 2024.
Key points
- Net earnings attributable to Kirby were $70.1 million, or $1.19 per diluted share, versus $40.7 million, or $0.68 per share, in the first quarter of 2023.
- Consolidated revenues were $808.0 million versus $750.4 million; marine transportation revenues were $475.4 million and distribution and services revenues were $332.6 million.
- Christian G. O'Neil, 52, will become President and Chief Operating Officer at the conclusion of the 2024 Annual Stockholder Meeting on April 26, 2024; his compensation arrangement has not been determined.
- For 2024, Kirby expects net cash provided by operating activities of $600 million to $700 million and capital spending of $290 million to $330 million.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 25, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.