Kimbell Royalty Partners Earnings Preview
Portfolio Pulse from Benzinga Insights
Kimbell Royalty Partners (NYSE:KRP) is expected to report an EPS of $0.26 in its upcoming quarterly earnings on February 21, 2024. Analysts and investors will be looking for an earnings beat and positive guidance for future growth. The company's past earnings performance shows mixed results with both misses and beats in previous quarters. Shares of KRP were trading at $15.71 as of February 19, with a 6.1% increase over the last 52 weeks.
February 20, 2024 | 7:01 pm
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Kimbell Royalty Partners is anticipated to report an EPS of $0.26 in its upcoming earnings, with investors keen on earnings beat and positive future guidance.
Given the anticipation of an earnings beat and positive guidance, KRP's stock may see a short-term positive impact. Historical performance indicates that guidance and earnings outcomes significantly influence stock price movements. The positive year-to-date return suggests a favorable investor sentiment that could be bolstered by strong earnings results.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100