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.
United Microelectronics (NYSE:UMC) reported its Q4 earnings results on Tuesday, January 25, 2022 at 03:30 AM.
Here's what investors need to know about the announcement.
Earnings
United Microelectronics beat estimated earnings by 11.9%, reporting an EPS of $0.235 versus an estimate of $0.21, which surprised analysts.
Revenue was up $546.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07, which was followed by a 2.49% drop in the share price the next day.
Here's a look at United Microelectronics's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.190 | 0.130 | 0.060 | 0.06 |
| EPS Actual | 0.257 | 0.176 | 0.149 | 0.16 |
| Revenue Estimate | 1.99B | 1.78B | 1.57B | 1.57B |
| Revenue Actual | 2.01B | 1.83B | 1.65B | 1.59B |
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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