Joe PyneThank you, Stephen and good morning. Our second quarter earnings of $0.85 per share came in at the high end of our revised $0.80 to $0.85 per share guidance range. With respect to our Inland Tank Barge business it continued to perform well and operating results were above the 2011 second quarter results despite some temporarily lower petrochemical volumes from one major customer principally due to plant maintenance outages as well as low water levels on the Mississippi river which led to light loading tank barges since mid-May and throughout June.
Kirby Corporation's CEO Discusses Q2 2012 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts