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.
Walt Disney (NYSE:DIS) is set to give its latest quarterly earnings report on Wednesday, 2021-11-10. Here's what investors need to know before the announcement.
Analysts estimate that Walt Disney will likely report an Earnings Per Share (EPS) of $0.44
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Walt Disney 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 42.86%, which was followed by a 1.0% increase in the share price the next day.
Here's a look at Walt Disney's past performance and the resulting price change:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.56 | 0.27 | -0.41 | -0.71 |
| EPS Actual | 0.80 | 0.79 | 0.32 | -0.20 |
| Price Change % | 1.0% | -2.6% | -1.7% | 2.1% |
Stock Performance
Shares of Walt Disney were trading at $176.87 as of November 08. Over the last 52-week period, shares are up 26.95%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
If you want to track all upcoming earnings announcements, check out our Earnings Calendar here
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.