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.
Procter & Gamble (NYSE:PG) announces its next round of earnings this Thursday, July 30. Here is Benzinga's everything-that-matters guide for this Thursday's Q4 earnings announcement.
Earnings and Revenue
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Wall Street analysts see Procter & Gamble reporting earnings of $1.01 per share on revenue of $16.95 billion. Procter & Gamble reported a per-share profit of $1.100 when it published results during the same quarter last year. Sales in that period totaled $17.09 billion. Analysts estimate that this would represent a 8.18% decrease in the company's earnings. Revenue would be down 2.92% 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 2020 | Q2 2020 | Q1 2019 | Q4 2019 |
|---|---|---|---|---|
| EPS Estimate | 1.13 | 1.37 | 1.24 | 1.05 |
| EPS Actual | 1.17 | 1.42 | 1.37 | 1.10 |
| Revenue Estimate | 17.46 B | 18.35 B | 17.42 B | 16.86 B |
| Revenue Actual | 17.21 B | 18.24 B | 17.80 B | 17.09 B |
Stock Performance
Shares of Procter & Gamble were trading at $127.81 as of July 29. Over the last 52-week period, shares are up 9.73%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Procter & Gamble is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/pg2/mediaframe/39369/indexr.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.