10:03 AM EDT, 04/25/2024 (MT Newswires) -- Kirby (KEX) shares were rising past 7% in recent trading after the company's earnings and revenue came in ahead of analysts' estimates.

The company reported Q1 earnings Thursday of $1.19 per diluted share, up from $0.68 a year earlier.

Analysts polled by Capital IQ expected $0.98.

Revenue for the quarter was $808 million, up from $750.4 million a year earlier.

Analysts surveyed by Capital IQ expected $788.6 million.

The company also said it named Christian O'Neil as president and chief operating officer.

O'Neil has been with the company since 1997, Kirby said.

Price: 109.30, Change: +8.25, Percent Change: +8.16