27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
Canadian Pacific Railway (NYSE:CP) announces its next round of earnings today. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement.
Earnings And Revenue
Wall Street expects EPS of $2.58 and sales around $1.3 billion.
In the same quarter last year, Canadian Pacific Railway reported EPS of $2.61 on revenue of $1 billion. The Wall Street estimate would represent a 13.16 percent increase in the company's earnings. Sales would be up 8.31 percent from the year-ago period.
In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
| Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
| EPS Estimate | 2.45 | 1.97 | 1.85 | 2.43 |
| EPS Actual | 2.32 | 2.05 | 1.9 | 2.28 |
Q4 EPS Estimate: $2.58
Q4 Revenues Estimate: $1 billion
Stock Performance
Shares of Canadian Pacific Railway were trading at $181.33 as of Jan. 18. Over the last 52-week period, shares are up 24.2 percent. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. Analysts have been rating Canadian Pacific Railway stock as Neutral. The strength of this rating has maintained conviction over the past three months.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
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