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.
Lumen Technologies (NYSE:LUMN) reported its Q4 earnings results on Wednesday, February 9, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
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Earnings
Lumen Technologies missed estimated earnings by 3.77%, reporting an EPS of $0.51 versus an estimate of $0.53.
Revenue was up $278.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11, which was followed by a 12.64% increase in the share price the next day.
Here's a look at Lumen Technologies's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.38 | 0.41 | 0.40 | 0.29 |
| EPS Actual | 0.49 | 0.48 | 0.44 | 0.48 |
| Revenue Estimate | 4.90B | 4.99B | 5.06B | 5.12B |
| Revenue Actual | 4.89B | 4.92B | 5.03B | 5.12B |
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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.