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 Friday, August 07, Essent Gr (NYSE:ESNT) will release its latest earnings report. Benzinga's outlook for Essent Gr is included in the following report.
Earnings and Revenue
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Essent Gr earnings will be near $0.5 per share on sales of $225.61 million, according to analysts. In the same quarter last year, Essent Gr reported earnings per share of $1.39 on sales of $211.89 million. If the company were to match the consensus estimate, earnings would be down 64.03%. 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 | 1.45 | 1.44 | 1.38 | 1.31 |
| EPS Actual | 1.52 | 1.49 | 1.47 | 1.39 |
| Revenue Estimate | 231.25 M | 227.63 M | 216.40 M | 207.08 M |
| Revenue Actual | 228.84 M | 228.76 M | 226.39 M | 211.89 M |
Stock Performance
Over the last 52-week period, shares are down 23.07%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Essent Gr is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=http%3A%2F%2Fir.essentgroup.com%2Fevents-and-presentations%2Fevents%2Fdefault.aspx&eventid=2393365&sessionid=1&key=5B54ABABD48E8CAAA42E83D7CDC3D55C®Tag=&sourcepage=register
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.