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 Monday, November 4, Hertz Global Holdings (NYSE:HTZ) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Earnings and Revenue
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Analysts covering Hertz Global Holdings modeled for quarterly EPS of $1.47 on revenue of $2.85 billion.
The analyst consensus estimate would represent a 31.31% decline in the company's EPS figure. Sales would be have grown 3.34% from the same quarter last year. Here's how the Hertz Global Holdings's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2019 | Q1 2019 | Q4 2018 | Q3 2018 |
| EPS Estimate | 0.370 | -1.320 | -0.9 | 1.72 |
| EPS Actual | 0.740 | -0.990 | -0.55 | 2.14 |
Stock Performance
Over the last 52-week period, shares of Hertz Global Holdings have declined 1.75%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already wary of 12-month losses prior to the announcement.
Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The most common rating by analysts on Hertz Global Holdings stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
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.