12:41 PM EDT, 07/31/2025 (MT Newswires) -- (Updates with recent stock move in headline, first paragraph.)

Kirby (KEX) shares were down over 21% in recent trading on Thursday following its Q2 results.

Earlier, the company reported Q2 earnings of $1.67 per diluted share, up from $1.43 a year earlier.

Total revenue for the quarter ended June 30 was $855.5 million, compared with $824.4 million a year earlier.

Five analysts polled by FactSet expected $852.5 million.

For 2025, Kirby said it continues to expect a growth in earnings of 15% to 25%.