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Kirby Corporation’s (KEX - Free Report) third-quarter 2019 earnings of 80 cents per share surpassed the Zacks Consensus Estimate of 71 cents. The bottom line also improved 14.3% year over year.
However, total revenues of $666.8 million fell short of the Zacks Consensus Estimate of $719.7 million and also declined 5.4% year over year. The top line was hurt by reduced sales at the distribution and services division.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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