20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
SINA (NASDAQ:SINA) announces its next round of earnings Wednesday. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
Analysts expect SINA earnings of 71 cents per share. Revenue will likely be around $539.39 million, according to the consensus estimate.
SINA EPS in the same period a year ago totaled 70 cents. Revenue was $356.32 million. The Wall Street consensus estimate for earnings would represent a 1.43 percent increase for the company. Sales would be up 51.38 percent on a year-over-year basis. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | 0.42 | 0.78 | 0.75 | 0.57 |
| EPS Actual | 0.47 | 0.79 | 0.77 | 0.7 |
Stock Performance
Over the last 52-week period, shares are down 16.78 percent. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on SINA stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
SINA's Q2 conference call is scheduled to begin at 8:10 a.m. ET and can be accessed here: https://edge.media-server.com/m6/p/747ruwdz
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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