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.
H&R Block, Inc. (NYSE:HRB) announces its next round of earnings this Thursday, Dec. 6. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
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Sell-side analysts are expecting H&R Block's loss per share to be near 93 cents on sales of $139.8 million.
If the company were to match the consensus estimate when it reports Thursday, EPS would be down 30.99 percent. Sales would be down 0.75 percent from the year-ago period. Here's how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | -0.77 | 5.27 | -1.29 | -0.72 |
| EPS Actual | -0.72 | 5.43 | -1.16 | -0.71 |
Stock Performance
Over the last 52-week period, shares are up 6.42 percent. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.
Analyst estimates have adjusted lower for EPS and revenues over the past 90 days. The popular rating by analysts on H&R Block 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.