Recap: Kimbell Royalty Partners Q1 Earnings

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Kimbell Royalty Partners KRP reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Kimbell Royalty Partners beat estimated earnings by 100.0%, reporting an EPS of $0.36 versus an estimate of $0.18.

Revenue was up $33.16 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.14 which was followed by a 1.38% increase in the share price the next day.

Here's a look at Kimbell Royalty Partners's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.34 0.34 0.42 0.24
EPS Actual 0.48 0.59 0.55 0.13
Revenue Estimate 56.03M 64.30M 60.15M 45.32M
Revenue Actual 68.67M 72.92M 72.71M 33.75M

To track all earnings releases for Kimbell Royalty 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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KRPKimbell Royalty Partners LP
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