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.
Oclaro (NASDAQ:OCLR) announces its next round of earnings Monday. Here is Benzinga's everything-that-matters guide for today's Q2 earnings announcement.
Earnings and Revenue
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Based on management's projections, Oclaro analysts model for earnings of 13 cents per share on sales of $140.6 million.
In the same quarter last year, Oclaro reported earnings per share of 21 cents per share on revenue of $153.9 million. If the company were to match the current consensus estimate, sales would be down 8.65 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 |
| EPS Estimate | 0.18 | 0.17 | 0.2 |
| EPS Actual | 0.2 | 0.2 | 0.23 |
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Q2 EPS Estimate: 13 cents per share
Q2 Revenues Estimate: $140 million
Stock Performance
Shares of Oclaro were trading at $5.95 as of Feb. 5. Over the last 52-week period, shares are down 38.15 percent. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The average rating by analysts on Oclaro stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Oclaro's Q2 is scheduled to hold a conference call at 5:00 p.m. ET and it can be accessed here: http://investor.oclaro.com/
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.