20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Daseke (NASDAQ:DSKE) is set to give its latest quarterly earnings report on Friday, 2021-10-22. Here's what investors need to know before the announcement.
Analysts estimate that Daseke will likely report an Earnings Per Share (EPS) of $0.32
Daseke 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 366.67%, which was followed by a 3.89% increase in the share price the next day.
Here's a look at Daseke's past performance and the resulting price change:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.09 | -0.05 | -0.04 | -0.03 |
| EPS Actual | 0.42 | 0.04 | 0.12 | 0.31 |
| Price Change % | 3.89% | -10.7% | -7.56% | 26.59% |
Stock Performance
Shares of Daseke were trading at $10.15 as of October 20. Over the last 52-week period, shares are up 85.77%. 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.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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