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.
FedEx (NYSE:FDX) announces its next round of earnings Tuesday. Here is Benzinga's everything-that-matters guide for today's Q3 earnings announcement.
Earnings and Revenue
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Based on FedEx management projections, analysts predict EPS of $3.12 on revenue of $16.1 billion.
FedEx reported a per-share profit of $2.35 when it published results during the same quarter last year. Sales in that period totaled $14.9 billion. The Wall Street estimate would represent a 32.77 percent increase in the company's earnings. Revenue would be up 7.69 percent from the same quarter last year.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
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| Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
| EPS Estimate | 2.89 | 3.16 | 3.86 | 2.62 |
| EPS Actual | 3.18 | 3.32 | 4.25 | 2.35 |
Stock Performance
Over the last 52-week period, shares are up 28.27 percent. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
Over the past 90 days, analysts have adjusted their estimates higher for EPS and revenues. The popular rating by analysts on FedEx stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
FedEx's Q3 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here.
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.