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.
Infrastructure and Energy (NASDAQ: IEA) announces its next round of earnings this Monday, August 10. Here is Benzinga's everything-that-matters guide for this Monday's Q2 earnings announcement.
Earnings and Revenue
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Infrastructure and Energy EPS will likely be near $-0.04 while revenue will be around $350.00 million, according to analysts. Infrastructure and Energy EPS in the same period a year ago totaled $-0.61. Revenue was $327.96 million. If the company were to match the consensus estimate, earnings would be up 93.44%. Here's how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | -0.56 | 0.20 | 0.47 | 0.02 |
| EPS Actual | -0.66 | 0.31 | 0.24 | -0.61 |
| Revenue Estimate | 245.00 M | 405.00 M | 355.00 M | 330.00 M |
| Revenue Actual | 358.16 M | 520.00 M | 422.02 M | 327.96 M |
Stock Performance
Over the last 52-week period, shares are up 27.92%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Infrastructure and Energy is scheduled to hold the call at 11:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/qn7b54de
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.