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, October 1, Landec (NASDAQ:LNDC) 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
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Analysts covering Landec have modeled for quarterly EPS loss of 16 cents on revenue of $131.14 million.
Landec reported a profit of 1 cent when it published results during the same quarter last year. Sales in that period totaled $124.67 million. Sales would be have grown 5.19% from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q4 2019 | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
| EPS Estimate | -0.020 | 0.03 | -0.01 | 0 | 0.22 |
| EPS Actual | 0.120 | 0.04 | 0 | 0.01 | 0.24 |
Stock Performance
Over the last 52-week period, shares are down 25.52%. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release. Analyst estimates have adjusted lower for EPS and revenues over the past 90 days. The popular rating by analysts on Landec stock is a Sell. The strength of this rating has dwindled over the past 90 days.
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.