KNOT Offshore Partners: Q4 Earnings Insights

KNOT Offshore Partners KNOP reported its Q4 earnings results on Monday, February 26, 2024 at 04:15 PM.

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

Earnings

KNOT Offshore Partners missed estimated earnings by -420.0%, reporting an EPS of $-0.16 versus an estimate of $0.05.

Revenue was up $1.42 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.44 which was followed by a 9.0% increase in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.07 -0.03 0.05 0.17
EPS Actual 0.37 0.28 -0.04 0.18
Revenue Estimate 72.73M 71.31M 69.45M 69.03M
Revenue Actual 72.68M 73.82M 71.18M 71.61M

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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KNOPKNOT Offshore Partners LP
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