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.
Aspen Technology (NASDAQ: AZPN) releases its next round of earnings this Wednesday, August 12. Here's Benzinga's essential guide to Aspen Technology's Q4 earnings report.
Earnings and Revenue
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Analysts predict Aspen Technology will report earnings of $1.17 per share on revenue of $176.57 million. In the same quarter last year, Aspen Technology reported earnings per share of $1.59 on sales of $195.77 million. If the company were to post earnings in-line with the consensus estimate when it reports Wednesday, EPS would be down 26.42%. Here's how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q3 2020 | Q2 2020 | Q1 2019 | Q4 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.87 | 0.79 | 0.64 | 1.09 |
| EPS Actual | 0.74 | 0.66 | 0.79 | 1.59 |
| Revenue Estimate | 143.78 M | 135.97 M | 119.49 M | 162.71 M |
| Revenue Actual | 132.03 M | 124.73 M | 134.09 M | 195.77 M |
Stock Performance
Over the last 52-week period, shares are down 22.85%. 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. Aspen Technology is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/gcw3b7tm
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.