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.
Let's Do the Numbers:
Ahead of the company's earnings announcement, analysts are expecting a positive EPS reading of 47 cents per share and revenues of $1.15 billion. We'll have to wait for Wednesday to see if CA falls in line with analyst expectations and reports an estimated increase in both EPS and revenue from the year-ago quarter.Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q4 | Q3 | Q2 | Q1 |
| EPS Estimate | $0.46 | $0.46 | $0.44 | $0.39 |
| EPS Actual | $0.48 | $0.47 | $0.48 | $0.46 |
Stock Performance:
As of July 14, 2011, CA's current share price was $22.11. Since January 1st, shares of CA have declined 9.2%. For a full 12 months, the return has risen by 6.3%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.- Long-term shareholders are already enjoying 12-month gains prior to the announcement
Average Stock Rating:
The average rating by analysts for CA is a Hold.Competitors:
Wondering how CA compares to rivals in the same sector? Here are a few of the company's peers.- BMC Software (NASDAQ: BMC): Moderate Buy with a $0.55 recent quarter EPS
- Hewlett-Packard Company (NYSE: HPQ): Hold with a $1.24 recent quarter EPS
- International Business Machines (NYSE: IBM): Moderate Buy with a $2.31 recent quarter EPS
Finally, a description of the main business areas of the company, in case you need a little refresher: CA is an information technology software and service company that helps organizations manage and secure their IT infrastructures and services.
Take Action:
Now that you've gotten an advanced peak at CA's upcoming earnings numbers, keep an eye out for any surprises in the report and be ready to take action. Also, check back in with us after the announcement for a full recap and a guide to your next steps.
- To see up-to-date news on CA, click here
- To see other trading ideas, click here
- To see other company earnings recaps, click here
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.
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