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.
Cheesecake Factory (NASDAQ:CAKE) announces its next round of earnings this Wednesday, Feb. 20. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement.
Earnings and Revenue
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Cheesecake Factory EPS will likely be near 62 cents while revenue will be around $598.72 million, according to analysts.
In the same quarter last year, Cheesecake Factory reported EPS of 53 cents on revenue of $571.81 million. If the company were to match the consensus estimate when it reports Wednesday, earnings would be up 16.98 percent. Sales would be have grown 4.71 percent from the same quarter last year. Cheesecake Factory's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | 0.59 | 0.81 | 0.68 | 0.53 |
| EPS Actual | 0.62 | 0.65 | 0.56 | 0.53 |
Stock Performance
For a full 12 months, the return has risen by 1.42 percent. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The most common rating from analysts on Cheesecake Factory stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Cheesecake Factory's Q4 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://event.on24.com/wcc/r/1915503/C9C33235A082FD023C905F3E8C0B68F1
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.