KNOT Offshore Partners Q2 EPS $0.28 Beats $(0.03) Estimate, Sales $73.82M Beat $71.31M Estimate
Portfolio Pulse from Happy Mohamed
KNOT Offshore Partners (NYSE:KNOP) reported Q2 earnings of $0.28 per share, beating the analyst consensus estimate of $(0.03) by 1033.33 percent. This is a 3.45 percent decrease from the same period last year. The company also reported quarterly sales of $73.82 million, beating the analyst consensus estimate of $71.31 million by 3.53 percent, a 15.42 percent increase from the same period last year.
August 30, 2023 | 8:39 pm
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POSITIVE IMPACT
KNOT Offshore Partners reported strong Q2 results, beating both earnings and sales estimates. This could potentially lead to a positive market reaction.
KNOT Offshore Partners reported Q2 earnings and sales that beat analyst estimates. This is generally seen as a positive signal by the market and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100