RTTNews | Jan 27, 2022 08:54AM EST

08:54 Thursday, January 27, 2022 (RTTNews.com) - Kirby Corp. (KEX) reported Thursday that net earnings attributable to Kirby for the fourth quarter halved to $11.0 million or $0.18 per share from $22.2 million or $0.37 per share in the prior-year quarter. Excluding one-time charges, adjusted net earnings attributable to Kirby were $0.27 per share.

Consolidated revenues for the quarter grew to $591.3 million from $489.8 million in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.25 per share on revenues of $592.9 million for the quarter. Analysts' estimates typically exclude special items.

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