Earnings Preview: Cypress Semiconductor


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.


Cypress Semiconductor (NASDAQ:CY) releases its next round of earnings Thursday. Here's Benzinga's essential guide to Cypress Semiconductor's Q4 earnings report.

Earnings and Revenue

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Analysts covering Cypress Semiconductor modeled for quarterly EPS of 25 cents per share on revenue of $593.6 million .

In the same quarter last year, Cypress Semiconductor announced EPS of 15 cents on revenue of $530.17 million. Revenue would be have grown 11.96 percent from the same quarter last year.

Here's how the company's 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 0.23 0.16 0.11 0.14
EPS Actual 0.27 0.21 0.13 0.15

 

Q4 EPS Estimate: 25 cents per share
Q4 Revenues Estimate: $593 million

Stock Performance

Shares of Cypress Semiconductor were trading at $17.25 as of Jan. 30. Over the last 52-week period, shares are up 44.9 percent. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The most common rating by analysts on Cypress Semiconductor stock is a Neutral. The strength of this rating has maintained conviction over the past three months.

Conference Call

Cypress Semiconductor's Q4 is scheduled to hold a conference call at 4:30 p.m. ET and it can be accessed here: https://edge.media-server.com/m6/p/r4udbnqj


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.


Posted In: EarningsNewsPreviewsTrading IdeasEarnings Previews