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.
On Friday, January 29, Amerant Bancorp (NASDAQ:AMTB) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Net Income, Earnings, And Earnings Per Share
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Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.
Earnings And Revenue
Based on management's projections, Amerant Bancorp analysts model for earnings of $0.13 per share on sales of $58.77 million. In the same quarter last year, Amerant Bancorp reported earnings per share of $0.26 on revenue of $67.23 million.
What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?
Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.
If the company were to match the consensus estimate, earnings would be down 50.0%. Revenue would have fallen 12.59% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2020 | Q2 2020 | Q1 2020 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | -0.09 | 0.16 | 0.22 |
| EPS Actual | 0.08 | -0.34 | 0.08 | 0.26 |
| Revenue Estimate | 58.98 M | 60.05 M | 62.57 M | 64.35 M |
| Revenue Actual | 65.64 M | 66.08 M | 71.14 M | 67.23 M |
Stock Performance
Over the past 52-week period, shares of Amerant Bancorp have declined 22.3%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Amerant Bancorp is scheduled to hold the call at 09:30:00 ET and can be accessed here.
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.