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.
Charles River Laboratories International Inc's (NYSE:CRL) Q4 sales increased 14.4% Y/Y to $905.1 million, beating the consensus of $888.27 million.
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- Acquisitions contributed 5.9% to consolidated fourth-quarter revenue growth. Organic revenue growth was 10.5%, driven by contributions from all three business segments.
- Adjusted EPS reached $2.49 higher than $2.39 posted a year ago and better than the consensus of $2.43.
- Revenue for the Research Models and Services (RMS)segment was $165.6 million, +5.7%. Organic revenue growth of 13.3% was primarily driven by robust demand for research models & related services.
- Discovery and Safety Assessment sales increased 7.9% to $534.1 million. Organically sales increased 6.7%, driven principally by the Safety Assessment business, with the Discovery Services business also contributing.
- The manufacturing segment sales were $205.3 million, up 47.4% from $139.3 million. The acquisitions of Cognate BioServices and Vigene Biosciences contributed 27.8% to Manufacturing revenue growth.
- Guidance: Charles River reaffirmed FY22 guidance with 13-15% sales growth and organic growth of 12.5% – 14.5%.
- The Company expects adjusted EPS of $11.50 – $11.75, compared to the consensus of $11.59.
- Price Action: CRL shares traded 3.01% lower at $303.24 on the last check Wednesday.
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.