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.
Deckers Outdoor (NYSE:DECK) unveils its next round of earnings Thursday. Get prepared with Benzinga's ultimate preview for Deckers Outdoor's Q3 earnings.
Earnings and Revenue
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Based on Deckers Outdoor management projections, analysts predict EPS of $3.81 on revenue of $747.2 million.
In the same quarter last year, Deckers Outdoor announced EPS of $4.11 cents per share on revenue of $760 million. If the company were to report inline earnings when it publishes results Thursday, sales would have fallen 1.73 percent from the same quarter last year.
Here's how the Deckers Outdoor's reported EPS has stacked up against analyst estimates in the past:
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| Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
| EPS Estimate | 1.02 | -1.67 | -0.06 | 4.24 |
| EPS Actual | 1.54 | -1.28 | 0.11 | 4.11 |
Q3 EPS Estimate: $3.81
Q3 Revenues Estimate: $747 million
Stock Performance
Shares of Deckers Outdoor are trading around $87.23. Over the last 52-week period, shares are up 52.13 percent. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.
Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Deckers Outdoor. The strength of this rating has maintained conviction over the past three months.
Conference Call
Deckers Outdoor's Q3 conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here: http://ir.deckers.com/News
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.