KNOT Offshore Partners: Q1 Earnings Insights

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.

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

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.

Posted In: BZI-RecapsEarnings