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.
On Thursday, October 15, Home BancShares (NASDAQ: HOMB) will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
Analysts covering Home BancShares modeled for quarterly EPS of $0.39 on revenue of $172.87 million. In the same quarter last year, Home BancShares reported earnings per share of $0.44 on sales of $167.73 million. If the company were to match the consensus estimate when it reports Thursday, earnings would be down 11.36%. Sales would be up 3.07% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2020 | Q1 2020 | Q4 2020 | Q3 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.26 | 0.36 | 0.42 | 0.44 |
| EPS Actual | 0.38 | 0 | 0.44 | 0.44 |
| Revenue Estimate | 165.62 M | 163.24 M | 164.69 M | 171.69 M |
| Revenue Actual | 173.69 M | 162.65 M | 167.81 M | 167.73 M |
Stock Performance
Over the last 52-week period, shares are down 9.7%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.
The general EPS consensus estimate since that time has moved up 50.0% while revenue estimates have moved up 3.07%.
Do not be surprised to see the stock move on comments made during its conference call. Home BancShares is scheduled to hold the call at 14:00:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/homb/mediaframe/40706/indexr.html
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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