Kirby Corp. (KEX) announced around mid-morning Thursday that earnings for the year are likely to be at the low end of its previously announced guidance range of $3.85 to $4.05 per share.
Kirby Corp. spiked to the downside after the announcement and closed lower by 4.95 at $56.09, on the highest volume in over 3 months. The stock has been declining for the past 2 weeks and set a 7-month low.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.