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 Monday, February 10, Callaway Golf (NYSE:ELY) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
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Analysts covering Callaway Golf have modeled for quarterly EPS loss of 24 cents on revenue of $305.30 million.
In the same quarter last year, Callaway Golf reported a loss per share of 32 cents on sales of $180.68 million. The analyst consensus estimate would represent a 25% increase in the company's earnings. Sales would be up 68.97% on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
| EPS Estimate | 0.250 | 0.250 | 0.480 | -0.32 |
| EPS Actual | 0.360 | 0.370 | 0.630 | -0.32 |
Stock Performance
Over the last 52-week period, shares of Callaway Golf are up 28.61%. Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on Callaway Golf stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Callaway Golf 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/thfe9hw9
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.