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.
MaxLinear (NYSE:MXL) announces its next round of earnings this Wednesday, July 28. Here is Benzinga's look at MaxLinear's Q2 earnings report.
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
Analysts predict MaxLinear will report earnings of $0.5 per share on revenue of $204.75 million. MaxLinear earnings in the same period a year ago was $0.09 per share. Quarterly sales came in at $65.22 million.
Why Analyst Estimates And Earnings Surprises Are Important
Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.
If the company were to match the consensus estimate when it reports Wednesday, earnings would be up 455.56%. Revenue would be up 213.94% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.50 | 0.36 | 0.29 | 0.08 |
| EPS Actual | 0.55 | 0.39 | 0.32 | 0.09 |
| Revenue Estimate | 204.63 M | 190.34 M | 153.55 M | 64.42 M |
| Revenue Actual | 209.36 M | 194.72 M | 156.63 M | 65.22 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 last 52-week period, shares of MaxLinear are up 61.48%.
Do not be surprised to see the stock move on comments made during its conference call. MaxLinear is scheduled to hold the call at 16:30:00 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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