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.
Mid-America Apartment (NYSE: MAA) unveils its next round of earnings this Wednesday, July 29. Get prepared with Benzinga's ultimate preview for Mid-America Apartment's Q2 earnings.
Earnings and Revenue
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Wall Street analysts see Mid-America Apartment reporting earnings of $0.54 per share on sales of $413.28 million. Mid-America Apartment reported a profit of $1.370 per share when it published results during the same quarter last year. Sales in that period totaled $407.39 million. The analyst consensus estimate would represent a 60.58% decrease in the company's earnings. Sales would be up 0.45% on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.56 | |||
| EPS Actual | 1.49 | 1.56 | 1.53 | 1.37 |
| Revenue Estimate | 417.67 M | 417.00 M | 411.44 M | 405.07 M |
| Revenue Actual | 418.10 M | 416.82 M | 415.63 M | 407.39 M |
Stock Performance
Over the past 52-week period, shares of Mid-America Apartment have declined 5.47%.
Judging by these returns, long-term shareholders will be feeling unsatisfied with these results.
Don't be surprised to see the stock move on comments made during its conference call. Mid-America Apartment is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://services.choruscall.com/links/maa200730.html
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.