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.
Citizens Financial Group (NYSE:CFG) announces its next round of earnings this Friday. Here's Benzinga's advanced look at Citizens Financial Group's Q2 earnings report.
Earnings and Revenue
Wall Street analysts see Citizens Financial Group reporting earnings of 85 cents per share on sales of $1.51 billion.
Citizens Financial Group reported a profit of 63 cents when it published results during the same quarter last year. Sales in that period totaled $1.39 billion. If the company were to match the consensus estimate, earnings would be up 34.92 percent. Revenue would be have grown 8.17 percent from the same quarter last year. Here's how the company's EPS has stacked up against analyst estimates in the past:
Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
EPS Estimate | 0.76 | 0.67 | 0.64 | 0.59 |
EPS Actual | 0.78 | 0.71 | 0.68 | 0.63 |
Stock Performance
Over the last 52-week period, shares of Citizens Financial Group are up 13.72 percent. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The popular rating by analysts on Citizens Financial Group stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Citizens Financial Group is scheduled to hold a conference call at 9:00 a.m. ET and it can be accessed here: http://investor.citizensbank.com/about-us/investor-relations/events-and-presentations/2018.aspx
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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