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.
On Thursday, August 1, Universal Display (NASDAQ:OLED) will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
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Based on management's projections, Universal Display analysts model for earnings of 45 cents per share on sales of $78.86 million.
In the same quarter last year, Universal Display reported earnings per share of 23 cents on sales of $56.15 million. Revenue would be up 40.45% on a year-over-year basis. Here's how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | 0.31 | 0.66 | 0.16 | |
| EPS Actual | 0.660 | 0.4 | 0.72 | 0.23 |
Stock Performance
Over the last 52-week period, shares are up 121.34%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Sell rating with Universal Display. The strength of this rating has dwindled over the past three months.
Conference Call
Universal Display is scheduled to hold a conference call at 5:00 p.m. ET and can be accessed here: https://ir.oled.com/shareholders/events-and-presentations/default.aspx
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.