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.
Penn National Gaming (NASDAQ:PENN) reported its Q4 earnings results on Thursday, February 3, 2022 at 07:00 AM.
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Here's what investors need to know about the announcement.
Earnings
Penn National Gaming missed estimated earnings by 50.94%, reporting an EPS of $0.26 versus an estimate of $0.53, which surprised analysts.
Revenue was up $546.00 million from the same period last year.
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Past Earnings Performance
Last quarter the company missed on EPS by $0.37, which was followed by a 7.6% increase in the share price the next day.
Here's a look at Penn National Gaming's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.89 | 0.90 | 0.29 | 0.24 |
| EPS Actual | 0.52 | 1.17 | 0.55 | 0.08 |
| Revenue Estimate | 1.51B | 1.45B | 1.14B | 1.09B |
| Revenue Actual | 1.51B | 1.55B | 1.27B | 1.03B |
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.