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 30, Coca-Cola (NYSE:KO) will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
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Coca-Cola EPS will likely be near 44 cents while revenue will be around $8.85 billion, according to analysts.
Coca-Cola EPS in the same period a year ago totaled 43 cents. Sales were $7.06 billion. If the company were to match the consensus estimate, earnings would be up 2.33%. Revenue would be up 25.41% from the same quarter last year. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
| EPS Estimate | 0.560 | 0.610 | 0.460 | 0.43 |
| EPS Actual | 0.560 | 0.630 | 0.480 | 0.43 |
Stock Performance
Over the last 52-week period, shares are up 20.86%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Coca-Cola. The strength of this rating has maintained conviction over the past three months.
Conference Call
Coca-Cola is scheduled to hold a conference call at 8:30 a.m. ET and can be accessed here.
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.