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 Thursday, Lantronix (NASDAQ:LTRX) will report its last quarter's earnings. Here is Benzinga's take on the company's release.
Earnings and Revenue
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Based on Lantronix management projections, analysts predict EPS of 2 cents per share on revenue of $11.3 million.
In the same quarter last year, Lantronix reported earnings of 3 cents per share on sales of $11.5 million. The Wall Street consensus estimate for earnings would represent a 33.33 percent decrease for the company. Sales would have fallen 1.94 percent from the same quarter last year. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
| EPS Estimate | 0.01 | -0.01 | -0.02 | -0.02 |
| EPS Actual | 0.04 | 0.02 | 0.02 | 0.03 |
Stock Performance
Over the last 52-week period, shares are down 20.96 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. Analysts seem to have settled on a Buy rating with Lantronix. The strength of this rating has maintained conviction over the past three months.
Conference Call
The Lantronix's Q3 conference call is scheduled to begin at 4:00 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.