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.
Simply Good Foods (NASDAQ:SMPL) unveils its next round of earnings this Tuesday, July 2. Get prepared with Benzinga's ultimate preview for Simply Good Foods's Q3 earnings.
Earnings and Revenue
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Sell-side analysts expect Simply Good Foods's EPS to be near 14 cents on sales of $120.93 million.
In the same quarter last year, Simply Good Foods announced EPS of 10 cents on revenue of $107.23 million. The analyst consensus estimate would represent a 40.00% increase in the company's earnings. Revenue would be up 12.77% from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2019 | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | 0.13 | 0.13 | 0.09 | 0.14 | |
| EPS Actual | 0.150 | 0.18 | 0.15 | 0.1 | 0.19 |
Stock Performance
Shares of Simply Good Foods were trading at $24.58 as of July 1. Over the last 52-week period, shares are up 66.18%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on Simply Good Foods stock is a Sell. The strength of this rating has dwindled over the past 90 days.
Conference Call
Simply Good Foods is scheduled to hold a conference call at 8:30 a.m. ET and can be accessed here: http://public.viavid.com/player/index.php?id=134830
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.