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.
DCI is set to give its latest quarterly earnings report on Thursday , 2021-09-02. Here's what investors need to know before the announcement.
Analysts estimate that Donaldson will likely report an Earnings Per Share (EPS) of $0.66
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Donaldson bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Historical Earnings Performance
Last quarter the company beat on EPS by $13.79, which was followed by a 1.72 increase in the share price the next day.
Here's a look at Donaldson's past performance and the resulting price change:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.58 | 0.51 | 0.44 | 0.44 |
| EPS Actual | 0.66 | 0.52 | 0.48 | 0.50 |
| Revenue Estimate | 707.59 M | 653.96 M | 614.99 M | 614.16 M |
| Revenue Actual | 765.00 M | 679.10 M | 636.60 M | 617.40 M |
Stock Performance
Shares of Donaldson were trading at $67.75 as of August 31. Over the last 52-week period, shares are up 41.75%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.
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.