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.
Dave & Buster's Enter (NASDAQ:PLAY) unveils its next round of earnings this Thursday, April 2. Get prepared with Benzinga's ultimate preview for Dave & Buster's Q4 earnings.
Earnings and Revenue
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Dave & Buster's EPS is expected to be around 69 cents, according to sell-side analysts. Sales will likely be near $344.46 million.
If the company were to report inline earnings when it publishes results Thursday, earnings would be down 8%. Sales would be up 3.82% from the year-ago period. The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
| EPS Estimate | 0.020 | 0.840 | 1.120 | 0.63 |
| EPS Actual | 0.020 | 0.900 | 1.130 | 0.75 |
Stock Performance
Over the last 52-week period, shares are down 73.77%. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release.
Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The average rating by analysts on Dave & Buster's stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. Dave & Buster's is scheduled to hold the call at 5:00 p.m. ET and can be accessed here: http://ir.daveandbusters.com/events-and-presentations
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.