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.
On Thursday, August 27, KNOT Offshore Partners (NYSE:KNOP) will release its latest earnings report. Benzinga's outlook for KNOT Offshore Partners is included in the following report.
Earnings and Revenue
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KNOT Offshore Partners EPS is expected to be around $0.57, according to sell-side analysts. Sales will likely be near $71.00 million. KNOT Offshore Partners EPS in the same period a year ago totaled $0.25. Sales were $70.92 million. The Wall Street estimate would represent a 128.0% increase in the company's earnings per share. Revenue would be up 1.28% on a year-over-year basis. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.50 | 0.56 | 0.53 | 0.48 |
| EPS Actual | -0.19 | 0.73 | 0.43 | 0.25 |
| Revenue Estimate | 70.10 M | 70.10 M | 70.90 M | 70.10 M |
| Revenue Actual | 67.82 M | 70.08 M | 71.01 M | 70.92 M |
Stock Performance
Over the past 52-week period, shares of KNOT Offshore Partners have declined 30.0%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. KNOT Offshore Partners is scheduled to hold the call at 11:00:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/knop/mediaframe/39732/indexr.html
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.