Proactive Investors
08 Jul 2026, 18:47 UTC · 12w ago
Kirby Corp shares jump on bullish call from Bank of America
Impact · against what's priced in
Kirby Corp (KEX) receives a fundamental catalyst through upward EPS revisions and a massive $1 billion backlog in its Power Generation segment, driven by data center demand. While short-term supply constraints may cause uneven revenue, the combination of rising Inland Marine rates and aggressive growth targets suggests a re-rating potential beyond current consensus.
- KEX+0.70
No priced-in read yet
- In context
Bank of America's upward revision of 2026 and 2027 EPS to $7.15 and $8.65, coupled with a $1 billion Power Generation backlog and climbing Inland Marine rates, provides a strong fundamental driver for the stock.
Read from the article alone
