27% profits every 20 days?
This is what Nic Chahine averages with his options 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 Friday, July 26, Alliance Resource (NASDAQ:ARLP) 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
Wall Street analysts see Alliance Resource reporting earnings of 66 cents per share on revenue of $535.60 million.
In the same quarter last year, Alliance Resource announced EPS of 63 cents on revenue of $516.14 million. Revenue would be up 3.77% on a year-over-year basis. Alliance Resource's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | 0.690 | 0.77 | 0.75 | 0.64 |
| EPS Actual | 0.780 | 0.7 | 0.55 | 0.63 |
Stock Performance
Shares of Alliance Resource were trading at $17.39 as of July 25. Over the last 52-week period, shares are down 9.66%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The most common rating by analysts on Alliance Resource stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Alliance Resource is scheduled to hold a conference call at 10:00 a.m. ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/arlp/mediaframe/31338/indexr.html
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
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