Recap: KNOT Offshore Partners Q1 Earnings

KNOT Offshore Partners KNOP reported its Q1 earnings results on Thursday, May 25, 2023 at 04:30 PM.

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

KNOT Offshore Partners missed estimated earnings by 180.0%, reporting an EPS of $-0.04 versus an estimate of $0.05.

Revenue was up $5.98 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 0.32% increase in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.17	0.18	0.30	0.41
EPS Actual	0.18	0.47	0.29	0.79
Revenue Estimate	69.03M	64.23M	64.67M	66.57M
Revenue Actual	71.61M	67.82M	63.96M	65.20M

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.