Company Overview - Kimbell Royalty (KRP) is expected to report earnings for the quarter ended December 2024, with a consensus estimate of 80.31 million [3][12]. Earnings Expectations - The stock price may increase if the actual earnings exceed expectations in the upcoming report scheduled for February 27 [2]. - The consensus EPS estimate has been revised 9.52% higher in the last 30 days, indicating a more optimistic outlook from analysts [4][10]. Earnings Surprise Prediction - The Zacks Earnings ESP for Kimbell Royalty is +24.32%, suggesting a strong likelihood of beating the consensus EPS estimate [11]. - A positive Earnings ESP combined with a Zacks Rank of 1 (Strong Buy) enhances the predictive power for an earnings beat, with historical data showing a nearly 70% success rate for such combinations [8]. Historical Performance - In the last reported quarter, Kimbell Royalty had an earnings surprise of +4.76%, reporting 0.21 [12]. - Over the past four quarters, the company has only surpassed consensus EPS estimates once [13]. Industry Context - Sitio Royalties (STR), another player in the oil and gas royalty trust sector, is expected to report a significant year-over-year decline in EPS of -88.4%, with revenues projected to increase by 1.6% to $151.67 million [17]. - Sitio Royalties has an Earnings ESP of 7.69% and a Zacks Rank of 2 (Buy), indicating a likelihood of beating the consensus EPS estimate [18].
Kimbell Royalty (KRP) Earnings Expected to Grow: Should You Buy?