20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
On Thursday, August 13, Accuray (NASDAQ: ARAY) will release its latest earnings report. Check out Benzinga's preview to understand the implications.
Earnings and Revenue
Sell-side analysts are expecting Accuray's earnings per share to be near $-0.02 on sales of $91.56 million. In the same quarter last year, Accuray reported EPS of $-0.02 on revenue of $117.42 million. If the company were to match the consensus estimate when it reports Thursday, earnings would not change. 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 | -0.04 | -0.07 | -0.09 | 0.01 |
| EPS Actual | 0.03 | -0.02 | -0.11 | -0.02 |
| Revenue Estimate | 97.26 M | 97.73 M | 92.15 M | 116.37 M |
| Revenue Actual | 99.55 M | 98.83 M | 89.58 M | 117.42 M |
Stock Performance
Over the last 52-week period, shares are down 11.44%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Accuray is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://www.webcaster4.com/Webcast/Page/2330/35923
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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