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Kirby Corp sees 45% revenue growth in power generation, expects 2026 EPS rise amid strong AI-driven demand.

Market News
25 May 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Kirby Corporation's power generation segment, fueled by AI and data center demand, posted a 45% year-on-year revenue growth in Q1 2026 and is projected to contribute 45-55% of total revenues. Despite supply constraints affecting margins, the company's diversified revenue and marine transportation outlook provide resilience. Management forecasts a 5-15% increase in earnings per share for 2026, with consensus estimates at $7.01, indicating strong fundamentals and potential to exceed expectations.

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