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 Thursday, Celanese (NYSE:CE) will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
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Celanese earnings will be near $2.40 per share on sales of $1.81 billion, according to analysts.
Celanese earnings in the same period a year ago was $1.79. Quarterly sales came in at $1.51 billion. The Wall Street consensus estimate for earnings would represent a 34.08 percent increase for the company. Sales would be up 19.87 percent from the year-ago period. Here's how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | 2.3 | 1.93 | 1.75 | |
| EPS Actual | 2.79 | 1.98 | 1.93 | 1.79 |
Stock Performance
Over the last 52-week period, shares are up 12.24 percent. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The average rating by analysts on Celanese stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
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.