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.
AstroNova (NASDAQ:ALOT) unveils its next round of earnings this Thursday, June 10. Get prepared with Benzinga's ultimate preview for AstroNova's Q1 earnings.
What Are Earnings, Net Income, 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
Wall Street expects EPS of $0.04 and sales around $29.62 million. AstroNova EPS in the same period a year ago totaled $0.06. Revenue was $30.92 million.
What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?
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 33.33% decline in the company's earnings. Sales would have fallen 4.2% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q4 2021 | Q3 2020 | Q2 2020 | Q1 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.04 | 0.02 | -0.06 | -0.19 |
| EPS Actual | 0.12 | 0 | 0 | 0.06 |
| Revenue Estimate | 29.19 M | 28.85 M | 27.92 M | 29.75 M |
| Revenue Actual | 29.44 M | 28.02 M | 27.66 M | 30.92 M |
Stock Performance
Over the last 52-week period, shares are up 108.45%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Do not be surprised to see the stock move on comments made during its conference call. AstroNova is scheduled to hold the call at 09:00:00 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.