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, The Habit Restaurants (NASDAQ:HABT) will release its latest earnings report. Check out Benzinga's report to understand the earnings report's implications.
Earnings and Revenue
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Wall Street expects an earnings loss of 1 cent per share and sales around $85.68 million.
Habit Restaurants reported a per-share profit of 7 cents per share when it published results during the same quarter last year. Sales in that period totaled $73.85 million. Analysts estimate would represent a 114.29 percent decrease in the company's earnings. Revenue would be up 16.02 percent on a year-over-year basis.
Here's how the company's EPS has stacked up against analyst estimates in the past:
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| Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
| EPS Estimate | 0.03 | 0.06 | 0.08 | 0.04 |
| EPS Actual | 0.01 | 0.06 | 0.09 | 0.07 |
Stock Performance
Over the past 52-week period, shares of Habit Restaurants have declined 32.72 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. Analysts generally rate Habit Restaurants stock as Neutral. The strength of this rating has risen over the past three months.
Conference Call
Habit Restaurants is scheduled to hold a conference call at 5:00 p.m. ET and it can be accessed here: https://edge.media-server.com/m6/p/u59wwpaf
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.