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: Leggett & Platt (NYSE:LEG) releases its next round of earnings Monday.
Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters guide for today's Q4 earnings announcement.
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Earnings and Revenue
Analysts expect Leggett & Platt earnings of 61 cents per share. Revenue will likely be around $998.3 million, according to the consensus estimate.
In the same quarter last year, Leggett & Platt announced EPS of 53 cents per share on revenue of $903 million. The analyst consensus estimate would represent a 15 percent increase in the company's EPS figure. Sales would be up 10.48 percent from the year-ago period. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2017 | Q2 2017 | Q1 2017 |
| EPS Estimate | 0.6 | 0.65 | 0.6 |
| EPS Actual | 0.61 | 0.64 | 0.62 |
Q4 EPS Estimate: 61 cents per share
Q4 Revenues Estimate: $998 million
Stock Performance
Shares of Leggett & Platt were trading at $45.05 as of Feb. 5. Over the last 52-week period, shares are down -6.5 percent. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Leggett & Platt. The strength of this rating has risen over the past three months.
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.