Scientific Games: Q4 Earnings Insights


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 Scientific Games (NASDAQ:SGMS) moved lower after the company reported Q4 results.

Quarterly Results

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Earnings per share decreased 778.57% year over year to ($0.95), which missed the estimate of ($0.47).

Revenue of $762,000,000 decreased by 11.70% from the same period last year, which beat the estimate of $708,620,000.

Guidance

Scientific Games hasn't issued any earnings guidance for the time being.

Scientific Games hasn't issued any revenue guidance for the time being.

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Date: Mar 01, 2021

Time: 04:15 PM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/2150/40035

Technicals

Company's 52-week high was at $49.62

Company's 52-week low was at $3.76

Price action over last quarter: Up 44.16%

Company Profile

Scientific Games Corp is a provider of gaming products, systems, and services to the lottery and pari-mutuel industries. The firm is the producer of instant lotto tickets and prepaid phone cards, which make up more than 52% of sales. The firm also provides wagering systems, server-based gaming machines, and data communication services through its lottery systems and diversified gaming businesses. About 50% of instant lotto tickets are sold outside the United States. It has Gaming, Lottery and Interactive segments.


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: EarningsBZI-Recaps