27% profits every 20 days?
This is what Nic Chahine averages with his options 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 Monday, August 10, Intl Flavors & Fragrances (NYSE: IFF) will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
Sell-side analysts expect Intl Flavors & Fragrances's EPS to be near $1.31 on sales of $1.22 billion. In the same quarter last year, Intl Flavors & Fragrances reported earnings per share of $1.61 on sales of $1.29 billion. If the company were to report in-line earnings when it publishes results Monday, earnings would be down 18.63%. The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 1.59 | 1.45 | 1.53 | 1.62 |
| EPS Actual | 1.62 | 1.46 | 1.53 | 1.61 |
| Revenue Estimate | 1.31 B | 1.27 B | 1.29 B | 1.31 B |
| Revenue Actual | 1.35 B | 1.28 B | 1.27 B | 1.29 B |
Stock Performance
Over the last 52-week period, shares are up 4.11%. 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. Intl Flavors & Fragrances is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/nf7ikedh
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
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