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.
IAMGold (NYSE:IAG) will be releasing its next round of earnings Wednesday. For all of the relevant information, here is your guide for today's Q4 earnings announcement.
Earnings and Revenue
Sell-side analysts expect IAMGold's EPS to be near 1 cent per share on sales of $276.78 million.
In the same quarter last year, IAMGold reported earnings of 1 cent per share on revenue of $252 million. Sales would be up 9.62 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 | Q4 2016 |
| EPS Estimate | 0.01 | -0.01 | ||
| EPS Actual | 0.07 | 0.01 | 0.01 | 0.01 |
Stock Performance
Over the last 52-week period, shares are up 25.37 percent. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates have not been modified for EPS and revenues over the past 90 days. The average rating by analysts on IAMGold stock is a Sell. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
IAMGold's Q4 conference call is scheduled to begin at Thursday 8:00 a.m. ET and can be accessed here.
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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