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 Monday, October 19, Servisfirst Bancshares (NASDAQ: SFBS) will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
Analysts covering Servisfirst Bancshares modeled for quarterly EPS of $0.71 on revenue of $91.06 million. In the same quarter last year, Servisfirst Bancshares announced EPS of $0.67 on revenue of $79.22 million. The Wall Street consensus estimate for earnings would represent a 5.97% increase for the company. Revenue would be up 14.95% on a year-over-year basis. 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 | 0.70 | 0.63 | 0.69 | 0.65 |
| EPS Actual | 0.75 | 0.64 | 0.76 | 0.67 |
| Revenue Estimate | 98.30 M | 81.60 M | 80.59 M | 77.43 M |
| Revenue Actual | 90.27 M | 84.31 M | 82.83 M | 79.22 M |
Stock Performance
Shares of Servisfirst Bancshares were trading at $37.5 as of October 15. Over the last 52-week period, shares are up 9.73%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Servisfirst Bancshares is scheduled to hold the call at 17:15:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/sfbs/mediaframe/39456/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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