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, September 03, Quanex Building Products (NYSE: NX) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Earnings and Revenue
Based on management's projections, Quanex Building Products analysts model for earnings of $0.08 per share on sales of $185.47 million. In the same quarter last year, Quanex Building Products reported EPS of $0.41 on revenue of $238.46 million. Analysts estimate an 80.49% decrease in the company's earnings per share. Here's how the Quanex Building Products's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2020 | Q1 2020 | Q4 2019 | Q3 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.10 | -0.06 | 0.38 | 0.36 |
| EPS Actual | 0.19 | 0.04 | 0.42 | 0.41 |
| Revenue Estimate | 201.73 M | 189.90 M | 239.50 M | 245.72 M |
| Revenue Actual | 187.47 M | 196.60 M | 240.37 M | 238.46 M |
Stock Performance
Over the last 52-week period, shares of Quanex Building Products are up 0.06%.
With these returns, shareholders are likely less than satisfied going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Quanex Building Products is scheduled to hold the call at 11:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/w3ibih29
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.
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