Airlines are flexing their pricing power as limited capacity and strong consumer demand have eased pressure to discount fares to fill their planes. Major U.S. airlines including Delta, Alaska and United have forecast bumper profits this year. Earnings at most European airlines are expected to improve as well.
While the top- and bottom-line numbers for Kirby (KEX) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Kirby (KEX) delivered earnings and revenue surprises of 1.57% and 1.33%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?
Financial writer on Kirby Corporation's potential for earnings surprise amid inflation concerns and an uncertain oil market. Click for more on KEX stock prospects.
To buy or not to buy airline stocks in 2025? It's a good question because, at the time of writing, shares in premier airlines United Airlines (NASDAQ: UAL) and Delta Air Lines (NYSE: DAL) were up by 145% and 55%, respectively, in 2024. Such remarkable performances are seldom repeated the following year, yet United trades at 8.1 times earnings estimates for 2025, and Delta at 8.4 times.