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.
WD-40 (NASDAQ:WDFC) releases its next round of earnings this Thursday, October 17. Here's Benzinga's essential guide to WD-40's Q4 earnings report.
Earnings and Revenue
Based on WD-40 management projections, analysts predict EPS of 61 cents on revenue of $106.33 million.
WD-40 earnings in the same period a year ago was $1.54. Quarterly sales came in at $102.64 million. If the company were to match the consensus estimate when it reports Thursday, EPS would have fallen 60.39%. Sales would be have grown 3.60% from the same quarter last year. Here's how the WD-40's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
| EPS Estimate | 1.220 | 1.11 | 0.95 | 0.99 |
| EPS Actual | 1.300 | 1.140 | 0.95 | 1.54 |
Stock Performance
Over the last 52-week period, shares of WD-40 are up 18.13%. Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The most common rating from analysts on WD-40 stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
WD-40 is scheduled to hold a conference call at 8:00 a.m. ET and can be accessed here: https://investor.wd40company.com/investors/news-and-events/investor-events/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.
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