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.
CBS (NYSE:CBS) will be releasing its next round of earnings this Thursday, Feb. 14. For all of the relevant information, here is your guide for the Q4 earnings announcement.
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!
Based on management's projections, CBS analysts model for earnings of $1.54 per share on sales of $4.19 billion.
In the same quarter last year, CBS reported a loss per share of $1.20 on revenue of $3.92 billion. The Wall Street estimate would represent a 28.33 percent increase in the company's earnings. Revenue would be up 6.86 percent on a year-over-year basis. Here's how the CBS's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | 1.22 | 1.11 | 1.19 | 1.15 |
| EPS Actual | 1.24 | 1.12 | 1.34 | 1.2 |
Stock Performance
Over the last 52-week period, shares are down 8.3 percent. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.
Over the past 90 days, analysts have generally adjusted their estimates higher for EPS and revenues. Analysts seem to have settled on a Neutral rating with CBS. 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. CBS's Q4 conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here: https://edge.media-server.com/m6/p/uoifbmgb
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.