27% profits every 20 days?
This is what Nic Chahine averages with his options 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 Monday, Trinseo (NYSE:TSE) will report its last quarter's earnings. Here is Benzinga's take on the company's release.
Earnings and Revenue
Sell-side analysts expect Trinseo's EPS to be near $1.92 on sales of $1.02 billion.
Trinseo reported a profit of $1.68 when it published results during the same quarter last year. Sales in that period totaled $917 million. The Wall Street estimate would represent a 14.29 percent increase in the company's earnings. Sales would be up 11.18 percent from the year-ago period.
Here's how the Trinseo's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
| EPS Estimate | 1.63 | 1.81 | 2.28 | 1.34 |
| EPS Actual | 2.18 | 1.39 | 2.42 | 1.68 |
Stock Performance
Over the last 52-week period, shares are up 13.44 percent. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Trinseo. The strength of this rating has maintained conviction over the past three months.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
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