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.
Cherry Hill Mortgage (NYSE:CHMI) is set to give its latest quarterly earnings report on Tuesday, 2022-03-15. Here's what investors need to know before the announcement.
Analysts estimate that Cherry Hill Mortgage will report an earnings per share (EPS) of $0.28.
Cherry Hill Mortgage bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Past Earnings Performance
Last quarter the company missed EPS by $0.05, which was followed by a 1.85% drop in the share price the next day.
Here's a look at Cherry Hill Mortgage's past performance and the resulting price change:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.30 | 0.26 | 0.32 | 0.29 |
| EPS Actual | 0.25 | 0.28 | 0.21 | 0.37 |
| Price Change % | -1.85% | -1.2% | -5.26% | -4.05% |
Stock Performance
Shares of Cherry Hill Mortgage were trading at $7.7 as of March 11. Over the last 52-week period, shares are down 22.41%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.
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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