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.
Industrias Bachoco SAB (NYSE:IBA) reported its Q4 earnings results on Thursday, February 3, 2022 at 05:00 PM.
Here's what investors need to know about the announcement.
Earnings
Industrias Bachoco SAB beat estimated earnings by 10.53%, reporting an EPS of $0.63 versus an estimate of $0.57, which surprised analysts.
Revenue was up $117.30 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03, which was followed by a 0.23% drop in the share price the next day.
Here's a look at Industrias Bachoco SAB's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.79 | 0.83 | 0.60 | 0.60 |
| EPS Actual | 0.82 | 1.48 | 2.06 | 0.73 |
| Revenue Estimate | 958.00M | 955.00M | 849.00M | 849.00M |
| Revenue Actual | 980.10M | 1.05B | 948.00M | 918.70M |
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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