# Kirby reports third quarter results - Marine Log

> Kirby Corporation reported third-quarter 2017 net earnings of $28.6 million, or $0.52 per share, down from $32.0 million a year earlier, on revenue of $541.3 million versus $434.7 million. Results were hurt by the Hurricanes Harvey and Irma but helped by customer delay recoveries and firmer inland barge utilization.

- Date: 2017-11-02 · published 2017-11-02T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/68140-kirby-reports-third-quarter-results-marine-log
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Firmer inland barge utilization after Hurricane Harvey signals tighter barge capacity on the Mississippi system, which can lift barge freight costs for grain and feed shipments.

## Read by commodity

- BARGE: bullish ▲

## Sources

- marinelog.com: https://www.marinelog.com/inland-coastal/coastal/kirby-reports-third-quarter-results/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.