27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
Don't be caught off-guard: Zumiez (NASDAQ:ZUMZ) releases its next round of earnings this Thursday, December 5.
Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters guide for the Q3 earnings announcement after the bell.
Earnings and Revenue
Sell-side analysts expect Zumiez's EPS to be near 60 cents on sales of $261.36 million.
In the same quarter last year, Zumiez reported earnings per share of 55 cents on revenue of $248.79 million. If the company were to report inline earnings when it publishes results Thursday, earnings would be up 9.09%. Revenue would be have grown 5.05% from the same quarter last year. Here's how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q2 2019 | Q1 2019 | Q4 2018 | Q3 2018 |
| EPS Estimate | 0.190 | -0.090 | 1.11 | 0.49 |
| EPS Actual | 0.360 | 0.030 | 1.18 | 0.55 |
Stock Performance
Over the last 52-week period, shares are up 52.21%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts generally rate Zumiez stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Zumiez is scheduled to hold a conference call at 5:00 p.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/n6utmu6q
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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