KNOT Offshore Partners (KNOP) to Release Earnings on Thursday

KNOT Offshore Partners (NYSE:KNOP - Get Free Report) is set to issue its quarterly earnings data before the market opens on Thursday, December 5th. Analysts expect the company to announce earnings of ($0.04) per share for the quarter. Individual that are interested in registering for the company's earnings conference call can do so using this link.

KNOT Offshore Partners (NYSE:KNOP - Get Free Report) last released its quarterly earnings results on Tuesday, September 3rd. The shipping company reported ($0.38) earnings per share 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 return on equity of 2.84% and a net margin of 0.66%. During the same quarter last year, the firm 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 Trading Up 0.2 %

NYSE KNOP traded up $0.01 during trading hours on Thursday, reaching $5.96. The company's stock had a trading volume of 59,104 shares, compared to its average volume of 87,406. The firm has a fifty day simple moving average of $6.34 and a 200-day simple moving average of $6.80. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.76 and a quick ratio of 0.72. KNOT Offshore Partners has a 52 week low of $4.94 and a 52 week high of $9.11. The stock has a market cap of $204.43 million, a P/E ratio of 119.20 and a beta of 0.76.

KNOT Offshore Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Monday, October 28th were paid a dividend of $0.026 per share. This represents a $0.10 annualized dividend and a dividend yield of 1.74%. The ex-dividend date was Monday, October 28th. KNOT Offshore Partners's payout ratio is currently 200.00%.

Wall Street Analyst Weigh In

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.