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.
WhiteHorse Finance (NASDAQ:WHF) unveils its next round of earnings this Tuesday, March 02. Get prepared with Benzinga's ultimate preview for WhiteHorse Finance's Q4 earnings.
What Are Earnings, Net Income, And Earnings Per Share?
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Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.
Earnings And Revenue
Based on management's projections, WhiteHorse Finance analysts model for earnings of $0.32 per share on sales of $15.39 million. WhiteHorse Finance EPS in the same period a year ago totaled $0.39. Revenue was $17.41 million.
Why Analyst Estimates And Earnings Surprises Are Important
Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.
The Wall Street estimate would represent a 17.95% decline in the company's earnings. Sales would be down 11.6% from the year-ago period. 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 | 0.29 | 0.28 | 0.36 | 0.35 |
| EPS Actual | 0.38 | 0.26 | 0.27 | 0.39 |
| Revenue Estimate | 13.78 M | 14.35 M | 16.91 M | 16.52 M |
| Revenue Actual | 16.50 M | 13.82 M | 14.53 M | 17.41 M |
Stock Performance
Shares of WhiteHorse Finance were trading at $14.68 as of February 26. Over the last 52-week period, shares are up 8.18%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. WhiteHorse Finance is scheduled to hold the call at 14:30:00 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.