27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
Korn Ferry (NYSE: KFY) announces its next round of earnings this Thursday, September 03. Here is Benzinga's everything-that-matters guide for this Thursday's Q1 earnings announcement.
Earnings and Revenue
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Based on Korn Ferry management projections, analysts predict EPS of $0.08 on revenue of $361.98 million. In the same quarter last year, Korn Ferry reported earnings per share of $0.76 on revenue of $496.20 million. If the company were to report inline earnings when it publishes results Thursday, quarterly profit would be down 89.47%. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q4 2020 | Q3 2020 | Q2 2019 | Q1 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.39 | 0.73 | 0.80 | 0.76 |
| EPS Actual | 0.60 | 0.75 | 0.81 | 0.76 |
| Revenue Estimate | 439.48 M | 500.28 M | 494.92 M | 475.34 M |
| Revenue Actual | 448.98 M | 527.98 M | 492.39 M | 496.20 M |
Stock Performance
Over the last 52-week period, shares are down 21.93%. 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. Korn Ferry is scheduled to hold the call at 12:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/xfhsgx8u
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.