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.
Scotts Miracle Gro (NYSE:SMG) announces its next round of earnings this Tuesday. Here's Benzinga's look at Scotts Miracle Gro's Q2 earnings report.
Earnings and Revenue
Sell-side analysts expect Scotts Miracle Gro's EPS to be near $3.44 on sales of $1.12 billion.
Sales would be down 6.98 percent on a year-over-year basis. Scotts Miracle Gro's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
EPS Estimate | -0.93 | -0.34 | 2.51 | 2.9 |
EPS Actual | -1.08 | -0.26 | 2.63 | 2.78 |
Stock Performance
Over the past 52-week period, shares of Scotts Miracle Gro have declined 13.16 percent. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The most common rating from analysts on Scotts Miracle Gro stock is a Sell. The strength of this rating has maintained conviction over the past three months.
Conference Call
Scotts Miracle Gro's Q2 conference call is scheduled to begin at 9:00 a.m. ET and can be accessed here: http://investor.scotts.com/phoenix.zhtml?c=98364&p=irol-calendar
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.
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