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.
On Wednesday, July 28, Orion Group Holdings (NYSE:ORN) will release its latest earnings report. Here is Benzinga's outlook for the company.
Net Income, Earnings, And Earnings Per Share
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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
Sell-side analysts expect Orion Group Holdings's EPS to be near $0.08 on sales of $168.95 million. In the same quarter last year, Orion Group Holdings posted EPS of $0.04 on sales of $183.71 million.
Why Analyst Estimates And Earnings Surprises Are Important
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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 100.0% increase for the company. Revenue would have fallen 8.04% from the same quarter last year. 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 | 0.02 | 0.08 | 0.08 | 0 |
| EPS Actual | 0.04 | 0.12 | 0.23 | 0.04 |
| Revenue Estimate | 155.10 M | 180.36 M | 183.62 M | 162.13 M |
| Revenue Actual | 153.31 M | 170.18 M | 189.43 M | 183.71 M |
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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
Shares of Orion Group Holdings were trading at $5.74 as of July 26. Over the last 52-week period, shares are up 90.67%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Orion Group Holdings is scheduled to hold the call at 10:00:00 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.