27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Don't be caught off-guard: Cintas (NASDAQ:CTAS) releases its next round of earnings Thursday. Want to skip the homework and get all the facts in one place? We
It's time to get ready for Cintas earnings!
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Earnings and Revenue
Analysts are predicting Cintas will report earnings of $1.26 per share on revenue of $1 billion. In the same quarter last year, Cintas posted a profit of 76 cents per share on sales of $1 billion. The current analyst consensus estimate would represent a 9.57 percent increase in the company's earnings. Sales would be up 21.82 percent on a year-over-year basis.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
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| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | 1.3 | 1.07 | 1.07 | 1.15 |
| EPS Actual | 1.48 | 1.23 | 1.08 | 1.15 |
Q2 EPS Estimate: 1.26
Q2 Revenues Estimate: $1 billion
Stock Performance
Shares of Cintas were trading at $158.99 as of Dec. 19. Shares are up 37.52 percent year to date. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
Over the past 90 days, analysts' have generally adjusted their estimates higher for EPS and revenues. The most common rating by analysts on Cintas stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. Cintas's Q2 conference call is scheduled to begin at 5 p.m. ET and can be accessed here. https://edge.media-server.com/m6/p/32dwrixm
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.