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flag KNOT Offshore Partners beats Q1 earnings estimates, sending shares up to $5.60.

flag KNOT Offshore Partners reported a strong Q1 with an EPS of $0.55, exceeding estimates by $0.51, despite negative financial ratios. flag Shares rose to $5.60 after the earnings announcement. flag The company, which provides crude oil tanker services in the North Sea and Brazil, saw a 13.7% decline in short interest in February. flag Analysts expect earnings of $0.04 per share and $76.50 million in revenue for the upcoming quarter.

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