Kimbell Royalty (KRP) Lags Q2 Earnings and Revenue Estimates

Kimbell Royalty (KRP) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -54.17%. A quarter ago, it was expected that this company would post earnings of $0.19 per share when it actually produced earnings of $0.04, delivering a surprise of -78.95%. Over the last four quarters, the compa ...