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.
On Wednesday, Goldcorp (NYSE:GG) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
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Wall Street expects EPS of 10 cents and sales around $875.35 million.
In the same quarter last year, Goldcorp announced EPS of 12 cents on revenue of $898 million. If the company were to report inline earnings when it publishes results Wednesday, quarterly profit would be down 16.67 percent. Sales would be down 2.52 percent from the year-ago period.
Goldcorp's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
| EPS Estimate | 0.1 | 0.1 | 0.08 | 0.09 |
| EPS Actual | 0.13 | 0.16 | 0.2 | 0.12 |
Q4 EPS Estimate: 10 cents per share
Q4 Revenues Estimate: $875 million
Stock Performance
Over the last 52-week period, shares are down 24.53 percent. Given that these returns are generally negative, long-term shareholders are probably 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 Goldcorp stock is a Neutral. The validity of this rating has maintained conviction over the past 90 days.
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.