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 Tuesday, September 10, Dave & Buster's Enter (NASDAQ:PLAY) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Earnings and Revenue
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Dave & Buster's EPS is expected to be around 84 cents, according to sell-side analysts. Sales will likely be near $344.49 million.
In the same quarter last year, Dave & Buster's posted EPS of 84 cents on sales of $319.19 million. Sales would be up 7.93% from the same quarter last year. Here's how the Dave & Buster's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | 1.120 | 0.63 | 0.24 | 0.67 |
| EPS Actual | 1.130 | 0.75 | 0.3 | 0.84 |
Stock Performance
Over the last 52-week period, shares are down 27.8%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release. Over the past 90 days, analysts have not modified their estimates for EPS and revenues. Analysts have been rating Dave & Buster's stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Dave & Buster's is scheduled to hold a conference call at 5:00 p.m. ET and can be accessed here: https://www.daveandbusters.com
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.