Kimbell Royalty Partners's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Kimbell Royalty Partners (NYSE:KRP) is set to release its quarterly earnings report on November 2, 2023. Analysts estimate an earnings per share (EPS) of $0.31. The company's past performance shows a pattern of beating EPS estimates but experiencing share price drops. The stock is currently trading at $16.12, down 16.97% over the last 52-week period.
November 01, 2023 | 6:01 pm
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Kimbell Royalty Partners is expected to report an EPS of $0.31. Despite beating EPS estimates in the past, the company's share price has typically dropped. The stock is down 16.97% over the last 52 weeks.
Kimbell Royalty Partners has a history of beating EPS estimates but this has not translated into positive share price movements. Given the current negative trend in the stock's performance, it is likely that the upcoming earnings report could further pressure the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100