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.
Royal Bank of Canada (NYSE:RY) reported its Q4 earnings results on Wednesday, December 1, 2021 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Royal Bank of Canada missed estimated earnings by 3.62%, reporting an EPS of $2.13 versus an estimate of $2.21, which did not surprise analysts.
Revenue was up $1,462,000,000.00 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.83, which was followed by a 1.2% drop in the share price the next day.
Here's a look at Royal Bank of Canada's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.61 | 1.61 | 1.61 | 1.61 |
| EPS Actual | 2.44 | 2.19 | 2.04 | 1.69 |
| Revenue Estimate | 8.05B | 8.05B | 8.05B | 8.05B |
| Revenue Actual | 10.36B | 9.22B | 9.93B | 8.39B |
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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