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 Friday, August 21, Foot Locker (NYSE:FL) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
Wall Street analysts see Foot Locker reporting a loss of $0.6 per share on revenue of $1.29 billion. In the same quarter last year, Foot Locker reported EPS of $0.66 on revenue of $1.77 billion. The analyst consensus estimate would represent a 190.91% decrease in the company's earnings per share. Revenue would have fallen 27.28% from the same quarter last year. 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 | 0.49 | 1.60 | 1.08 | 0.67 |
| EPS Actual | -0.67 | 1.63 | 1.13 | 0.66 |
| Revenue Estimate | 1.58 B | 2.25 B | 1.94 B | 1.82 B |
| Revenue Actual | 1.18 B | 2.22 B | 1.93 B | 1.77 B |
Stock Performance
Over the last 52-week period, shares are down 19.6%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Foot Locker is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/fl/mediaframe/39497/indexr.html
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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