KNOT Offshore Partners (NYSE:KNOP) announced its Q3 earnings on Wednesday, December 4, 2024 at 04:18 PM.
Here's a breakdown of the earnings report.
Earnings
KNOT Offshore Partners missed estimated earnings by -175.0%, reporting an EPS of $-0.11 versus an estimate of $-0.04.
Revenue was up $3.61 million from the same period last year.
Performance in Previous Earnings
In the previous quarter, the company beat on EPS by $0.46, resulting in a 9.0% drop change in the share price the following day.
Here's a look at KNOT Offshore Partners's past performance:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.06 | -0.07 | 0.05 | -0.07 |
| EPS Actual | 0.40 | 0.22 | -0.16 | 0.37 |
| Revenue Estimate | 71.02M | 69.88M | 71.33M | 72.73M |
| Revenue Actual | 74.42M | 76.63M | 73.03M | 72.68M |
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.