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 Tuesday, January 28, Apple (NASDAQ:AAPL) will release its latest earnings report. Benzinga's outlook for Apple is included in the following report.
Earnings and Revenue
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Analysts expect Apple earnings of $4.54 per share. Revenue will likely be around $88.43 billion, according to the consensus estimate.
See Also: A Bull Vs. Bear Take On Apple's Stock
Apple EPS in the same period a year ago totaled $4.18. Revenue was $84.31 billion. If the company were to report inline earnings when it publishes results Tuesday, earnings would be up 8.61%. Sales would be up 4.89% on a year-over-year basis. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q4 2019 | Q3 2019 | Q2 2019 | Q1 2019 |
| EPS Estimate | 2.830 | 2.100 | 2.360 | 4.17 |
| EPS Actual | 3.030 | 2.180 | 2.460 | 4.18 |
Stock Performance
Over the last 52-week period, shares are up 108.45%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The most common rating from analysts on Apple stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. Apple is scheduled to hold the call at 5:00 p.m. ET and can be accessed here: https://www.apple.com/investor/earnings-call/
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.