Kimbell Royalty (KRP) Q1 Earnings and Revenues Miss Estimates

Kimbell Royalty (KRP) reported quarterly EPS of $0.04, well below the Zacks Consensus Estimate of $0.23 and down from $0.20 a year ago. The miss versus expectations and year-over-year decline point to weaker-than-expected operating performance. The earnings surprise is likely to pressure the stock, though the article provides no revenue or guidance details.

Analysis

Kimbell Royalty (KRP) reported quarterly EPS of $0.04, well below the Zacks Consensus Estimate of $0.23 and down from $0.20 a year ago. The miss versus expectations and year-over-year decline point to weaker-than-expected operating performance. The earnings surprise is likely to pressure the stock, though the article provides no revenue or guidance details.