Corus Entertainment Reports 9.3% Rise In Q1 Profit, Lifts Dividend


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.


Corus Entertainment Inc (OTC: CJREF) reported a 9.3% rise in its first-quarter profit.Corus Entertainment also lifted its annual dividend for its Class A and Class B shares by 9 Canadian cents.Corus Entertainment's quarterly net profit climbed to C$50.5 million ($49.2 million), or 61 Canadian cents per share, from C$46.2 million, or 56 Canadian cents per share, in the year-ago period.Corus Entertainment's revenue surged 6.6% to C$236.9 million. Its revenue from the television segment surged 10%.Corus Entertainment shares closed at $20.80 yesterday.

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.


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Posted In: EarningsNewsDividendsEarnings