Kimbell Royalty (KRP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Kimbell Royalty (KRP) due to higher revenues, with actual results being crucial for stock price movement [1][2] Earnings Expectations - Kimbell Royalty is expected to report quarterly earnings of $0.21 per share, reflecting a year-over-year increase of +10.5% [3] - Revenues are projected to be $79.66 million, which is an 18.5% increase from the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has been revised down by 29.03% over the last 30 days, indicating a reassessment by analysts [4] - A positive Earnings ESP of +1.21% suggests recent bullish sentiment among analysts, although the stock holds a Zacks Rank of 4, complicating predictions of an earnings beat [10] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, especially when combined with a strong Zacks Rank [8] - However, a negative Earnings ESP does not necessarily indicate an earnings miss, making predictions less reliable for stocks with a negative reading [9] Historical Performance - Kimbell Royalty has not surpassed consensus EPS estimates in the last four quarters, with a significant miss of -54.17% in the last reported quarter [11][12] Conclusion - Kimbell Royalty does not appear to be a strong candidate for an earnings beat, and investors should consider other factors before making decisions regarding the stock [15]