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.
Opko Health (NYSE:OPK) unveils its next round of earnings Thursday. Here is Benzinga's everything-that-matters guide for today's Q4 earnings announcement
Earnings and Revenue
Based on Opko Health management projections, analysts predict an earnings loss of 8 cents per share on revenue of $301.4 million.
Opko Health EPS in the same period a year ago came in at a loss of 4 cents per share and sales were $275.5 million. Revenue would be up 9.4 percent from the same quarter last year.
Here's how the company's reported EPS has compared to analyst estimates in the past:
Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
EPS Estimate | -0.05 | -0.05 | -0.04 | -0.04 |
EPS Actual | -0.08 | -0.04 | -0.06 | -0.04 |
Stock Performance
Over the last 52-week period, shares are down -57.06 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 Opko Health stock is a Neutral. The validity of this rating has maintained conviction over the past 90 days. Most Common Rating: Neutral
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. Opko Health's Q4 conference call is scheduled to begin at 4:30 p.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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