Recap: Cutera Q3 Earnings


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.


Cutera (NASDAQ:CUTR) reported its Q3 earnings results on Wednesday, November 3, 2021 at 04:01 PM.

Here's what investors need to know about the announcement.

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Earnings

Cutera their estimated earnings by 183.33%, reporting an EPS of $0.17 versus an estimate of $0.06, which surprised analysts.

Revenue was up $18,252,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.22, which was followed by a 3.11% increase in the share price the next day.

Here's a look at Cutera's past performance:

 

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020
EPS Estimate 0.06 -0.10 0.04 -0.34
EPS Actual 0.28 0.15 0.31 0.08
Revenue Estimate 50.16M 38.97M 44.52M 34.21M
Revenue Actual 58.59M 49.67M 49.94M 39.13M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.


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.


Posted In: EarningsBZI-Recaps