KNOT Offshore Partners: Q1 Earnings Insights

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.

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.

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.