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.
Booking Holdings (NASDAQ:BKNG) announces its next round of earnings November 7. Here is Benzinga's everything-that-matters guide for this Thursday's Q3 earnings announcement.
Earnings and Revenue
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Based on management's projections, Booking Holdings analysts model for earnings of $44.57 per share on sales of $5.07 billion.
Booking Holdings reported a profit of $37.78 when it published results during the same quarter last year. Sales in that period totaled $4.85 billion. If the company were to match the consensus estimate when it reports Thursday, EPS would be up 17.97%. Revenue would be up 4.56% from the same quarter last year. Here's how the Booking Holdings's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2019 | Q1 2019 | Q4 2018 | Q3 2018 |
| EPS Estimate | 22.700 | 11.260 | 19.42 | 38.17 |
| EPS Actual | 23.590 | 11.170 | 22.49 | 37.78 |
Stock Performance
Over the last 52-week period, shares are up 8.25%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release. Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Booking Holdings. The strength of this rating has risen over the past three months.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. Booking Holdings is scheduled to hold the call at 4:30 p.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/v6xter4s
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.