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.
Applied Materials (NASDAQ:AMAT) will be releasing its next round of earnings this Thursday, August 15. For all of the relevant information, here is your guide for the Q3 earnings announcement.
Earnings and Revenue
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Applied Materials EPS is expected to be around 70 cents, according to sell-side analysts. Sales will likely be near $3.52 billion.
In the same quarter last year, Applied Materials reported earnings per share of $1.20 on revenue of $4.47 billion. The analyst consensus estimate would represent a 41.67% decline in the company's EPS figure. Revenue would be down 21.22% on a year-over-year basis. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2019 | Q1 2019 | Q4 2018 | Q3 2018 |
| EPS Estimate | 0.660 | 0.79 | 0.97 | 1.17 |
| EPS Actual | 0.700 | 0.81 | 0.97 | 1.2 |
Stock Performance
Over the last 52-week period, shares are down 0.39%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release. Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. Analysts generally rate Applied Materials stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Applied Materials is scheduled to hold a conference call at 4:30 p.m. ET and it can be accessed here: https://ir.appliedmaterials.com/events/event-details/q3-2019-applied-materials-earnings-conference-call
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.