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.
Guess? (NYSE:GES) announces its next round of earnings this Wednesday, March 18. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement.
Earnings and Revenue
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Analysts expect Guess earnings of $1.12 per share. Revenue will likely be around $851.19 million, according to the consensus estimate.
Guess reported a per-share profit of 70 cents when it published results during the same quarter last year. Sales in that period totaled $837.13 million. The Wall Street estimate would represent a 60% increase in the company's earnings. Sales would be up 1.68% on a year-over-year basis.
Guess's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q3 2020 | Q2 2020 | Q1 2020 | Q4 2019 |
| EPS Estimate | 0.200 | 0.290 | -0.260 | 0.75 |
| EPS Actual | 0.220 | 0.380 | -0.250 | 0.7 |
Stock Performance
Over the last 52-week period, shares are down 67.21%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
Over the past 90 days, analysts have generally adjusted their estimates higher for EPS and revenues. Analysts seem to have settled on a Neutral rating with Guess. 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. Guess is scheduled to hold the call at 4:45 p.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/3h22b8bp
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.