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.
DocuSign (NASDAQ: DOCU) announces its next round of earnings this Thursday, September 03. Here is Benzinga's everything-that-matters guide for this Thursday's Q2earnings announcement.
Earnings and Revenue
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Wall Street analysts see DocuSign reporting earnings of $0.08 per share on revenue of $318.57 million. DocuSign reported a per-share profit of $0.01 when it published results during the same quarter last year. Sales in that period totaled $235.61 million. If the company were to report in line earnings when it publishes results Thursday, quarterly profit would be up 700.0%. 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 | 0.10 | 0.05 | 0.03 | 0.04 |
| EPS Actual | 0.12 | 0.12 | 0.11 | 0.01 |
| Revenue Estimate | 280.93 M | 266.49 M | 239.86 M | 220.93 M |
| Revenue Actual | 297.02 M | 274.89 M | 249.50 M | 235.61 M |
Stock Performance
Over the last 52-week period, shares of DocuSign are up 495.33%.
Don't be surprised to see the stock move on comments made during its conference call. DocuSign is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://viavid.webcasts.com/starthere.jsp?ei=1355010&tp_key=6a66986bd9
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.