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Kirby (KEX) -4.9% AH after lowering guidance for FQ3 and FY 2012. The tank barge operator now...
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Friday, June 22, 2012, 5:13 PM ETKirby (KEX) -4.9% AH after lowering guidance for FQ3 and FY 2012. The tank barge operator now sees FQ3 EPS at $0.80-$0.85 vs. prior guidance of $0.97-$1.02 and $1.00 consensus estimate, and full year at $3.45-$3.70 vs. prior $3.85-$4.05 and $3.91 consensus. The new guidance reflects deterioration in the manufacturing area and softness in oilfield-related sales.
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