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.
M&T Bank (NYSE:MTB) reported its Q4 earnings results on Thursday, January 20, 2022 at 06:40 AM.
Here's what investors need to know about the announcement.
Earnings
M&T Bank beat estimated earnings by 20.27%, reporting an EPS of $3.5 versus an estimate of $2.91, which surprised analysts.
Revenue was up $29.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.26, which was followed by a 0.41% drop in the share price the next day.
Here's a look at M&T Bank's past performance:
Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
---|---|---|---|---|
EPS Estimate | 3.50 | 3.60 | 3 | 3.03 |
EPS Actual | 3.76 | 3.45 | 3.41 | 3.52 |
Revenue Estimate | 1.48B | 1.49B | 1.49B | 1.46B |
Revenue Actual | 1.54B | 1.46B | 1.49B | 1.54B |
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.
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!