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 Thursday, January 16, Charles Schwab (NYSE:SCHW) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Earnings and Revenue
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Sell-side analysts expect Charles Schwab's EPS to be near 63 cents on sales of $2.59 billion.
If the company were to report inline earnings when it publishes results Thursday, quarterly profit would be down 3.08%. Revenue would be down 2.96% from the year-ago period. Here's how the Charles Schwab's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
| EPS Estimate | 0.650 | 0.660 | 0.67 | 0.64 |
| EPS Actual | 0.740 | 0.660 | 0.690 | 0.65 |
Stock Performance
Over the last 52-week period, shares are up 8.93%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release. Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The most common rating from analysts on Charles Schwab stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Charles Schwab is scheduled to hold a conference call at 8:00 a.m. ET and can be accessed here: https://www.aboutschwab.com/investors
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.