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.
Warner Music Group (NASDAQ:WMG) reported its Q4 earnings results on Monday, November 15, 2021 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Warner Music Group their estimated earnings by 20.0%, reporting an EPS of $0.12 versus an estimate of $0.15, which surprised analysts.
Revenue was up $250,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01, which was followed by a 2.65% drop in the share price the next day.
Here's a look at Warner Music Group's past performance:
Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
---|---|---|---|---|
EPS Estimate | 0.15 | 0.15 | 0.19 | 0.06 |
EPS Actual | 0.16 | 0.28 | 0.21 | 0.03 |
Revenue Estimate | 1.20B | 1.18B | 1.25B | 1.11B |
Revenue Actual | 1.34B | 1.25B | 1.33B | 1.13B |
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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.
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