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.
E*Trade Financial (NASDAQ:ETFC) announces its next round of earnings Thursday,. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement.
Earnings and Revenue
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Wall Street analysts see E*Trade Financial reporting earnings of 59 cents per share on sales of $616.9 million.
In the same quarter last year, E*Trade Financial announced EPS of 46 cents per share on revenue of $509 million. If the company were to match the current consensus estimate when it reports Thursday, EPS would be up 37.21 percent. Sales would be have grown 21.22 percent from the same quarter last year.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
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| Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
| EPS Estimate | 0.5 | 0.47 | 0.39 | 0.42 |
| EPS Actual | 0.55 | 0.52 | 0.45 | 0.43 |
Q4 EPS Estimate: 59 cents per share
Q4 Revenues Estimate: $616 million
Stock Performance
Shares of E*Trade Financial were trading at $54.96 as of Jan. 25. Over the last 52-week period, shares are up 51.7 percent. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The most common rating from analysts on E*Trade Financial stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
The E*Trade Financial's Q4 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://about.etrade.com/results.cfm
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.