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.
Bed Bath & Beyond (NASDAQ:BBBY) announces its next round of earnings this Thursday, October 01. Here is Benzinga's everything-that-matters guide for this Thursday's Q2 earnings announcement.
Earnings and Revenue
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Sell-side analysts are expecting Bed Bath & Beyond's loss per share to be near $0.23 on sales of $2.60 billion. Bed Bath & Beyond reported a per-share profit of $0.34 when it published results during the same quarter last year. Sales in that period totaled $2.72 billion. If the company were to match the consensus estimate when it reports Thursday, EPS would have fallen 167.65%. Here's how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q1 2020 | Q4 2020 | Q3 2020 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | -1.22 | 0.21 | 0.02 | 0.29 |
| EPS Actual | -1.96 | 0.38 | -0.38 | 0.34 |
| Revenue Estimate | 1.39 B | 3.07 B | 2.85 B | 2.76 B |
| Revenue Actual | 1.31 B | 3.11 B | 2.76 B | 2.72 B |
Stock Performance
Over the last 52-week period, shares of Bed Bath & Beyond are up 42.86%.
Judging by these returns, long-term shareholders may be feeling content with these results.
Don't be surprised to see the stock move on comments made during its conference call. Bed Bath & Beyond is scheduled to hold the call at 08:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/29e27crx
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.