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.
Merck & Co (NYSE:MRK) reported its Q4 earnings results on Thursday, February 3, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Merck & Co beat estimated earnings by 17.65%, reporting an EPS of $1.8 versus an estimate of $1.53, which surprised analysts.
Revenue was up $1.01 billion from the same period last year.
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Past Earnings Performance
Last quarter the company beat on EPS by $0.2, which was followed by a 1.73% increase in the share price the next day.
Here's a look at Merck & Co's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.55 | 1.44 | 1.63 | 1.38 |
| EPS Actual | 1.75 | 1.31 | 1.40 | 1.32 |
| Revenue Estimate | 12.33B | 11.54B | 12.66B | 12.68B |
| Revenue Actual | 13.15B | 11.40B | 12.08B | 12.51B |
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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