It's Showtime for Kirby

Checking expectations

Seth Jayson
Seth Jayson
Jan 28, 2013 at 12:00AM
Other

Kirby (NYSE: KEX) is expected to report Q4 earnings on Jan. 30. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Kirby's revenues will shrink -8.6% and EPS will drop -20.4%.

The average estimate for revenue is $502.9 million. On the bottom line, the average EPS estimate is $0.86.

Revenue details
Last quarter, Kirby tallied revenue of $521.3 million. GAAP reported sales were 7.5% lower than the prior-year quarter's $563.6 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, EPS came in at $0.95. GAAP EPS of $0.95 for Q3 were 1.1% higher than the prior-year quarter's $0.94 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 33.8%, 100 basis points better than the prior-year quarter. Operating margin was 17.7%, 130 basis points better than the prior-year quarter. Net margin was 10.2%, 80 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $2.10 billion. The average EPS estimate is $3.63.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 182 members out of 192 rating the stock outperform, and 10 members rating it underperform. Among 55 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 53 give Kirby a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Kirby is outperform, with an average price target of $64.00.

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