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.
Fangdd Network Group (NASDAQ:DUO) is set to give its latest quarterly earnings report on Friday, 2021-11-19. Here's what investors need to know before the announcement.
Analysts estimate that Fangdd Network Group will likely report an Earnings Per Share (EPS) of $0.37
Fangdd Network Group 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 missed EPS by $0.37, which was followed by a 0.0% drop in the share price the next day.
Here's a look at Fangdd Network Group's past performance and the resulting price change:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.14 | -0.10 | 0.68 | 0.20 |
| EPS Actual | -0.23 | -0.17 | -0.13 | 0.08 |
| Price Change % | -2.94% | -0.32% | -2.02% | -8.5% |
Stock Performance
Shares of Fangdd Network Group were trading at $1.01 as of November 17. Over the last 52-week period, shares are down 86.48%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all upcoming earnings announcements, click here 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.
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