Kirby Corp Earnings Decline 28% In Q1

(RTTNews) - Kirby Corp (KEX) revealed a profit for first quarter that retreated from last year.

The company said its earnings totaled $27.48 million, or $0.51 per share. This was lower than $38.10 million, or $0.71 per share, in last year's first quarter.

The company said revenue for the quarter rose 7.2% to $491.71 million. This was up from $458.73 million last year.

Kirby Corp earnings at a glance:

-Earnings (Q1): $27.48 Mln. vs. $38.10 Mln. last year. -Earnings Decline (Y-o-Y): -27.9% -EPS (Q1): $0.51 vs. $0.71 last year. -EPS Decline (Y-o-Y): -28.2% -Revenue (Q1): $491.71 Mln vs. $458.73 Mln last year. -Revenue Change (Y-o-Y): 7.2%