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.
Tower International (NYSE:TOWR) announces its next round of earnings this Tuesday, Feb. 12. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement.
Earnings and Revenue
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Based on Tower International management projections, analysts predict EPS of $1.19 on revenue of $526.73 million.
In the same quarter last year, Tower International posted earnings of $1.17 on sales of $538.15 million. The Wall Street estimate would represent a 1.71 percent increase in the company's earnings. Sales would have fallen 2.12 percent from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
| Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | 1.02 | 1.08 | 0.83 | 1.15 |
| EPS Actual | 1.08 | 1.09 | 0.82 | 1.17 |
Stock Performance
Over the last 52-week period, shares of Tower International have declined 5.15 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already wary of 12-month losses prior to the announcement.
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 Tower International. The strength of this rating has maintained conviction over the past three months.
Conference Call
Tower International's Q4 conference call is scheduled to begin at 11:00 a.m. ET and can be accessed here: http://investors.towerinternational.com/phoenix.zhtml?c=235362&p=irol-IRHome
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.