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 Thursday, Feb. 14, Six Flags Entertainment (NYSE:SIX) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Sell-side analysts expect Six Flags Entertainment's EPS to be near 28 cents on sales of $284.23 million.
Six Flags EPS in the same period a year ago totaled 20 cents. Sales were $256.75 million. The analyst consensus estimate would represent a 40 percent increase in the company's EPS figure. Sales would be up 10.7 percent from the year-ago period. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | 2.33 | 0.88 | -0.8 | 0.12 |
| EPS Actual | 2.16 | 0.88 | -0.74 | 0.2 |
Stock Performance
Over the last 52-week period, shares are down 4.19 percent. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts generally rate Six Flags stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. Six Flags conference call is scheduled to begin at 9:00 a.m. ET and can be accessed here: https://services.choruscall.com/links/six190214ErV4QH4W.html
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.