KNOT Offshore Partners Q2 Sales $73.80M Beat $71.31M Estimate
Portfolio Pulse from Happy Mohamed
KNOT Offshore Partners (NYSE:KNOP) reported Q2 sales of $73.80 million, beating the analyst consensus estimate of $71.31 million by 3.49 percent. This represents a 15.39 percent increase over the same period last year.
August 30, 2023 | 8:32 pm
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POSITIVE IMPACT
KNOT Offshore Partners' Q2 sales exceeded analyst estimates by 3.49%, and increased 15.39% YoY.
KNOT Offshore Partners' Q2 sales beat the analyst consensus, which is a positive signal for the company's performance. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100