KNOT Offshore Partners (KNOP) Scheduled to Post Quarterly Earnings on Thursday

KNOT Offshore Partners (NYSE:KNOP) is scheduled to release its earnings data before the market opens on Thursday, December 5th. Analysts expect KNOT Offshore Partners to post earnings of ($0.04) per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

KNOT Offshore Partners (NYSE:KNOP) last issued its quarterly earnings data on Tuesday, September 3rd. The shipping company reported ($0.38) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.25). The firm had revenue of $74.42 million for the quarter, compared to the consensus estimate of $69.84 million. KNOT Offshore Partners had a net margin of 0.66% and a return on equity of 2.84%. During the same period last year, the company posted $0.27 earnings per share. On average, analysts expect KNOT Offshore Partners to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

KNOT Offshore Partners Stock Up 0.2 %

NYSE KNOP opened at $5.96 on Thursday. KNOT Offshore Partners has a 1 year low of $4.94 and a 1 year high of $9.11. The stock has a market capitalization of $204.43 million, a PE ratio of 119.00 and a beta of 0.76. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.76 and a quick ratio of 0.72. The business’s 50-day moving average is $6.35 and its 200 day moving average is $6.81.

KNOT Offshore Partners Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Monday, October 28th were issued a $0.026 dividend. This represents a $0.10 annualized dividend and a yield of 1.74%. The ex-dividend date of this dividend was Monday, October 28th. KNOT Offshore Partners’s dividend payout ratio (DPR) is currently 200.00%.

Analyst Ratings Changes

Separately, StockNews.com downgraded KNOT Offshore Partners from a “buy” rating to a “hold” rating in a report on Tuesday, October 15th.

KNOT Offshore Partners Company Profile

KNOT Offshore Partners LP acquires, owns, and operates shuttle tankers under long-term charters in the North Sea and Brazil. The company provides loading, transportation, and discharge of crude oil under time charters and bareboat charters. The company was founded in 2013 and is headquartered in Aberdeen, the United Kingdom.