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.
Usana Health Sciences (NYSE:USNA) reported its Q3 earnings results on Tuesday, October 26, 2021 at 04:17 PM.
Here's what investors need to know about the announcement.
Earnings
Usana Health Sciences beat their estimated earnings by 4.62%, which did not surprise analysts.
Revenue was up $24,161,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.16, which was followed by a 0.85% drop in the share price the next day.
Here's a look at Usana Health Sciences's past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.71 | 1.48 | 1.43 | 1.25 |
| EPS Actual | 1.87 | 1.45 | 1.87 | 1.44 |
| Revenue Estimate | 332.61M | 301.47M | 291.54M | 277.26M |
| Revenue Actual | 336.84M | 307.98M | 310.52M | 298.51M |
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).
Guidance
Usana Health Sciences management provided guidance for their next quarter, expecting earnings between $1.28 and $1.33 per share for the nextquarter.
This represents a -4.04% in quarter-over-quarter growth for Usana Health Sciences, a bearish signal to many investors.
To track all upcoming earnings announcements, click 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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!