KNOT Offshore Partners KNOP reported its Q1 earnings results on Wednesday, May 11, 2022 at 04:30 PM.
Here's what investors need to know about the announcement.
Earnings
KNOT Offshore Partners beat estimated earnings by 92.68%, reporting an EPS of $0.79 versus an estimate of $0.41.
Revenue was down $6.29 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.25 which was followed by a 1.92% drop in the share price the next day.
Here's a look at KNOT Offshore Partners's past performance:
Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
---|---|---|---|---|
EPS Estimate | 0.44 | 0.64 | 0.53 | 0.72 |
EPS Actual | 0.69 | 0.41 | 0.56 | 0.86 |
Revenue Estimate | 67.95M | 70.80M | 68.60M | 71.95M |
Revenue Actual | 72.13M | 66.58M | 70.94M | 71.48M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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