Amarin: Q1 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 Amarin Corp (NASDAQ:AMRN) rose 2.5% in pre-market trading after the company reported Q1 results.

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Quarterly Results

Earnings per share rose 100.00% over the past year to ($0.00), which beat the estimate of ($0.05).

Revenue of $142,170,000 declined by 8.27% year over year, which missed the estimate of $147,100,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.


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Details Of The Call

Date: Apr 29, 2021

Time: 07:30 AM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/2037/40926

Technicals

Company's 52-week high was at $9.25

Company's 52-week low was at $3.36

Price action over last quarter: down 21.07%

Company Profile

Amarin Corp PLC is a biopharmaceutical company. It is focused on the commercialization and development of therapeutics to improve cardiovascular health. Its lead product includes Vascepa.


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: EarningsNewsBZI-Recaps