27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
Toro (NYSE:TTC) will be releasing its next round of earnings Thursday. For all of the relevant information, here is your guide for Thursday's Q3 earnings announcement.
Earnings and Revenue
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Wall Street analysts see Toro reporting earnings of 66 cents per share on revenue of $660.87 million.
In the same quarter last year, Toro reported EPS of 61 cents on revenue of $627.94 million. The analyst consensus estimate would represent a 8.2 percent increase in the company's EPS figure. Revenue would be up 5.24 percent from the year-ago period. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
| EPS Estimate | 1.21 | 0.44 | 0.29 | 0.57 |
| EPS Actual | 1.2 | 0.48 | 0.31 | 0.61 |
Stock Performance
Over the last 52-week period, shares are down 11.91 percent. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release. Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on Toro stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Toro's Q3 conference call is scheduled to begin at 8:00 a.m. ET and can be accessed here: http://www.thetorocompany.com/
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.