Kirby Corporation (NYSE:KEX) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET

Company Participants

Kurt Niemietz - Vice President of Investor Relations and Treasurer
David Grzebinski - Chief Executive Officer
Raj Kumar - Chief Financial Officer
Christian O’Neil - President and Chief Operating Officer

Conference Call Participants

Daniel Imbro - Stephens Inc.
Gregory Lewis - BTIG, LLC
Benjamin Nolan - Stifel Financial Corp.
Greg Wasikowski - Webber Research & Advisory
Ken Hoexter - Bank of America
Scott Group - Wolfe Research, LLC

Operator

Good morning, and welcome to the Kirby Corporation 2024 Third Quarter Earnings Conference Call. All participants will be in a listen-only mode. After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Mr. Kurt Niemietz, Kirby’s VP of Investor Relations and Treasurer.

Kurt Niemietz

Good morning, and thank you for joining the Kirby Corporation 2024 third quarter earnings call. With me today are David Grzebinski, Kirby’s Chief Executive Officer; Christian O’Neil, Kirby’s President and Chief Operating Officer; and Raj Kumar, Kirby’s Executive Vice President and Chief Financial Officer.

A slide presentation for today’s conference call as well as the earnings release which was issued earlier today can be found on our website. During this conference call, we may refer to certain non-GAAP or adjusted financial measures. Reconciliation of the non-GAAP financial measures to the most directly comparable GAAP financial measures are included in our earnings press release and are also available on our website in the Investor Relations section under financials.

As a reminder, 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 and our actual results could differ materially from those anticipated as a result of various factors. A list of these factors can be found in Kirby’s latest Form 10-K and in our other filings made with the SEC from time to time.

I will now turn the call over to David.

David Grzebinski

Thank you, Kurt, and good morning, everyone. Before we begin, I would like to recognize our employees, especially our Florida-based team members that were recently impacted by Hurricane Milton. The fast-moving storm left considerable damage across Florida, disrupting the lives of our employees in the area and many were left without power for several days. During the storm and the immediate recovery thereafter, they remained focused on safety and continued to meet the needs of our customers and our businesses, as well as support each other during the event. I want to thank them for their exceptional efforts and resilience during this challenge.