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 Tuesday, Hologic (NASDAQ:HOLX) will release its latest earnings report. Check out Benzinga's report to understand the earnings report's implications.
Earnings and Revenue
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Analysts predict Hologic will report earnings of 56 cents per share on revenue of $800.44 million.
Hologic earnings in the same period a year ago was 50 cents. Quarterly sales came in at $806.1 million. If the company were to match the consensus estimate, earnings would be up 12.00 percent. Sales would be down 0.70 percent on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
| EPS Estimate | 0.53 | 0.5 | 0.49 | 0.49 |
| EPS Actual | 0.53 | 0.55 | 0.5 | 0.5 |
Stock Performance
Over the last 52-week period, shares are down 2.72 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Hologic. The strength of this rating has maintained conviction over the past three months.
Conference Call
Hologic's Q3 conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here: https://edge.media-server.com/m6/p/znezdjx6
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.