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.
Looking at Q3, Whirlpool (NYSE:WHR) earned $563.00 million, a 631.17% increase from the preceding quarter. Whirlpool also posted a total of $5.29 billion in sales, a 30.9% increase since Q2. Whirlpool earned $77.00 million, and sales totaled $4.04 billion in Q2.
What Is ROCE?
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Changes in earnings and sales indicate shifts in Whirlpool’s Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q3, Whirlpool posted an ROCE of 0.13%.
It is important to keep in mind ROCE evaluates past performance and is not used as a predictive tool. It is a good measure of a company's recent performance, but several factors could affect earnings and sales in the near future.
ROCE is an important metric for the comparison of similar companies. A relatively high ROCE shows Whirlpool is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital which will generally lead to higher returns and earnings per share growth.
For Whirlpool, the return on capital employed ratio shows the number of assets can actually help the company achieve higher returns, an important note investors will take into account when gauging the payoff from long-term financing strategies.
Q3 Earnings Recap
Whirlpool reported Q3 earnings per share at $6.91/share, which beat analyst predictions of $3.75/share.
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.