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Kirby Corp. (NYSE:KEX) issued an update on its FY14 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $4.75-4.95 for the period, compared to the Thomson Reuters consensus estimate of $4.95, American Banking News reports. Kirby Corp. also updated its Q1 guidance to $1.05-1.15 EPS.

Kirby Corp. (NYSE:KEX) traded down 1.21% during mid-day trading on Wednesday, hitting $98.77. The stock had a trading volume of 625,045 shares. Kirby Corp. has a one year low of $65.68 and a one year high of $103.89. The stock has a 50-day moving average of $97.39 and a 200-day moving average of $89.73. The company has a market cap of $5.612 billion and a price-to-earnings ratio of 23.00.

Kirby Corp. (NYSE:KEX) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $1.13 earnings per share for the quarter, meeting the analysts’ consensus estimate of $1.13. The company had revenue of $568.40 million for the quarter, compared to the consensus estimate of $554.75 million. During the same quarter in the prior year, the company posted $1.03 earnings per share. The company’s quarterly revenue was up 10.9% on a year-over-year basis. Analysts expect that Kirby Corp. will post $4.25 EPS for the current fiscal year.

On a related note, analysts at Global Hunter Securities downgraded shares of Kirby Corp. from a buy rating to a neutral rating in a research note to investors on Monday, January 6th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock has a consensus rating of Buy and a consensus price target of $90.88.

Kirby Corporation is a domestic tank barge operator, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, and along all three United States coasts and in Alaska and Hawaii.

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