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.
Canon (NYSE:CAJ) reported its Q4 earnings results on Thursday, January 27, 2022 at 01:00 AM.
Here's what investors need to know about the announcement.
Earnings
Canon beat estimated earnings by 17.5%, reporting an EPS of $0.47 versus an estimate of $0.4, which surprised analysts.
Revenue was up $1.78 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02, which was followed by a 2.51% increase in the share price the next day.
Here's a look at Canon's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.44 | 0.41 | 0.27 | 0.46 |
| EPS Actual | 0.42 | 0.53 | 0.38 | 0.49 |
| Revenue Estimate | 8.18B | 8.01B | 7.79B | 9.20B |
| Revenue Actual | 7.44B | 7.95B | 7.59B | 9.49B |
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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