Recap: Amdocs Q4 Earnings


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.


Shares of Amdocs (NASDAQ:DOX) were flat after the company reported Q4 results.

Quarterly Results

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Earnings per share rose 13.89% year over year to $1.23, which beat the estimate of $1.18.

Revenue of $1,053,000,000 higher by 2.23% from the same period last year, which beat the estimate of $1,030,000,000.

Outlook

Amdocs Sees Q1 Adj. EPS $1.09-$1.15 vs $1.14 Est., Sales $1.055B-$1.095B vs $1.06B Est.

Details Of The Call


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Date: Nov 10, 2020

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/qfij9622

Price Action

52-week high: $77.29

52-week low: $44.05

Price action over last quarter: down 1.75%

Company Profile

Amdocs Ltd, founded in 1982, is a provider of customer experience solutions to clients in the telecommunications industry. While the firm serves customers in over 90 countries with its workforce of over 24,000 employees, about two thirds of its sales comes from customers in North America and about one third from AT&T. Amdocs offers business support systems, operational support systems, and managed services. Amdocs also develops software for mobile financial services and advertising and media solutions.


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.


Posted In: Earnings