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 Monday, August 02, Global Payments (NYSE:GPN) will release its latest earnings report. Decipher the announcement with Benzinga's help.
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
Global Payments earnings will be near $1.89 per share on sales of $1.85 billion, according to analysts. Global Payments EPS in the same period a year ago totaled $1.31. Sales were $1.52 billion.
What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?
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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 Monday, EPS would be up 44.27%. Sales would be have grown 21.63% from the same quarter last year. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up:
| Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.78 | 1.76 | 1.65 | 1.20 |
| EPS Actual | 1.82 | 1.80 | 1.71 | 1.31 |
| Revenue Estimate | 1.77 B | 1.76 B | 1.72 B | 1.46 B |
| Revenue Actual | 1.81 B | 1.75 B | 1.75 B | 1.52 B |
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Stock Performance
For a full 12 months, the return has risen by 7.21%. Given that these returns are generally positive, long-term shareholders are probably relaxed 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. Global Payments is scheduled to hold the call at 08:00:00 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.