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.
Synnex (NYSE:SNX) announces its next round of earnings this Tuesday, June 25. Here is Benzinga's everything-that-matters guide for the Q2 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 Synnex management projections, analysts predict EPS of $2.71 on revenue of $5.52 billion.
In the same quarter last year, Synnex reported EPS of $2.38 on revenue of $4.97 billion. The Wall Street estimate would represent a 13.87% increase in the company's earnings. Revenue would be up 11% on a year-over-year basis. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | 2.74 | 3.09 | 2.46 | 2.3 |
| EPS Actual | 2.84 | 3.65 | 2.57 | 2.38 |
Stock Performance
Over the past 52-week period, shares of Synnex have declined 16.31%. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The popular rating by analysts on Synnex stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Synnex is scheduled to hold a conference call at 5:00 p.m. ET and can be accessed here: https://event.on24.com/wcc/r/1949895/14E3D051BAA010432C310AADD400AE20
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.