Kirby Corporation (NYSE:KEX) is looking for investment and acquisition opportunities. Raj Kumar, Executive Vice President and Chief Financial Officer said "The net result should provide approximately $300 million of free cash flow for the year. We are committed to a balanced capital allocation approach and will use this cash flow to opportunistically return capital to shareholders and continue to pursue long-term value-creating niche investment and acquisition opportunities".
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5-day change | 1st Jan Change | ||
122.4 USD | +0.99% | +4.10% | +55.95% |
May. 21 | Stifel Adjusts Price Target on Kirby to $132 From $131, Maintains Buy Rating | MT |
May. 17 | Kirby Insider Sold Shares Worth $1,145,100, According to a Recent SEC Filing | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+55.95% | 7.07B | |
-14.75% | 523M | |
-3.81% | 415M | |
-6.75% | 176M | |
-10.83% | 60.39M |
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- Kirby Seeks Investment and Acquisition Opportunities