27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
Check Point Software Tech (NASDAQ:CHKP) will be releasing its next round of earnings this Monday, July 26. For all of the relevant information, here is your guide for Monday's Q2 earnings announcement.
Net Income, Earnings, And Earnings Per Share
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 Check Point Software Tech management projections, analysts predict EPS of $1.56 on revenue of $523.77 million. Check Point Software Tech EPS in the same period a year ago totaled $1.58. Revenue was $505.60 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 consensus estimate for earnings would represent a 1.27% decrease for the company. Sales would be up 3.59% from the same quarter last year. Check Point Software Tech's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.49 | 2.11 | 1.53 | 1.44 |
| EPS Actual | 1.54 | 2.17 | 1.64 | 1.58 |
| Revenue Estimate | 502.36 M | 555.40 M | 504.06 M | 488.04 M |
| Revenue Actual | 507.60 M | 563.80 M | 509.00 M | 505.60 M |
Want Real-Time Earnings Calendar Updates?
Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.
Stock Performance
Over the past 52-week period, shares of Check Point Software Tech have declined 0.15%.
Do not be surprised to see the stock move on comments made during its conference call. Check Point Software Tech is scheduled to hold the call at 08:30:00 ET and can be accessed here.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
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