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.
Schnitzer Steel Industries (NASDAQ:SCHN) reported its Q1 earnings results on Thursday, January 6, 2022 at 08:00 AM.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Here's what investors need to know about the announcement.
Earnings
Schnitzer Steel Indus missed estimated earnings by 10.23%, reporting an EPS of $1.58 versus an estimate of $1.76, which surprised analysts.
Revenue was up $306.01 million from the same period last year.
FREE REPORT: How To Learn Options Trading Fast
In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1, which was followed by a 4.07% increase in the share price the next day.
Here's a look at Schnitzer Steel Indus's past performance:
Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
---|---|---|---|---|
EPS Estimate | 1.71 | 2.08 | 0.99 | 0.39 |
EPS Actual | 1.81 | 2.20 | 1.51 | 0.57 |
Revenue Estimate | 782.07M | 807.75M | 597.10M | 437.65M |
Revenue Actual | 845.62M | 820.72M | 600.11M | 492.11M |
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% 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.