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Kirby Corporation's CEO Announces Revisions To Q2 2012 Guidance - Guidance Call Transcript

Kirby Corporation (KEX)

2012 Guidance Call

June 25, 2012 9:00 am ET

Executives

Joe Pyne – Chairman, Chief Executive Officer

Greg Binion – President, Chief Operating Officer

David Grzebinski – Executive Vice President, Chief Financial Officer

Steve Holcomb – Vice President, Investor Relations

Analysts

Jack Atkins – Stephens

Kenneth Hoexter – Bank of America

Chaz Jones – Wunderlich

Greg Lewis – Credit Suisse

Steve O’Hara- Sidoti & Co.

David Beard – Iberia

John Larkin – Stifel Nicolaus

John Chappell – Evercore Partners

Alex Brand – SunTrust Robinson

Presentation



Operator



Welcome to the Kirby Corporation Announces Revisions to 2012 Second Quarter conference call. My name is John and I’ll be your operator for today’s call. [Operator instructions]

I will now turn the call over to Mr. Steve Holcomb. Mr. Holcomb, you may begin.

Steve Holcomb

Good morning. Thank you for joining us. With me today are Joe Pyne, Kirby’s Chairman and Chief Executive Officer; Greg Binion, Kirby’s President and Chief Operating Officer, and David Grzebinski, our Executive Vice President and Chief Financial Officer.

During this conference call, we may refer to certain non-GAAP or adjusted financial measures. A reconciliation of the non-GAAP financial measures to the most directly comparable GAAP financial measures is available on our website at kirbycorp.com in the Investor Relations section under non-GAAP financial data. Statements contained in this conference call with respect to the future are forward-looking statements. These statements reflect management’s reasonable judgment with respect to future events. Forward-looking statements involve risks and uncertainties. Our actual results could differ materially from those anticipated as a result of various factors. A list of these risk factors can be found in Kirby’s annual report on Form 10-K for the year ended December 31, 2011 filed with the Securities and Exchange Commission.

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