Recap: KNOT Offshore Partners Q3 Earnings

KNOT Offshore Partners KNOP announced its Q3 earnings on Wednesday, December 4, 2024 at 04:18 PM.

Here's a breakdown of the earnings report.

KNOT Offshore Partners missed estimated earnings by -175.0%, reporting an EPS of $-0.11 versus an estimate of $-0.04.

Revenue was up $3.61 million from the same period last year.

In the previous quarter, the company beat on EPS by $0.46, resulting in a 9.0% drop change in the share price the following day.

Here's a look at KNOT Offshore Partners's past performance:

Quarter	Q2 2024	Q1 2024	Q4 2023	Q3 2023
EPS Estimate	-0.06	-0.07	0.05	-0.07
EPS Actual	0.40	0.22	-0.16	0.37
Revenue Estimate	71.02M	69.88M	71.33M	72.73M
Revenue Actual	74.42M	76.63M	73.03M	72.68M

To track all earnings releases for KNOT Offshore Partners visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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