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.
Arcos Dorados Holdings (NYSE:ARCO) reported its Q4 earnings results on Wednesday, March 16, 2022 at 07:30 AM.
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Here's what investors need to know about the announcement.
Earnings
Arcos Dorados Holdings beat estimated earnings by 37.5%, reporting an EPS of $0.22 versus an estimate of $0.16.
Revenue was up $171.43 million from the same period last year.
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Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 0.94% increase in the share price the next day.
Here's a look at Arcos Dorados Holdings's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.01 | -0.01 | |
| EPS Actual | 0.12 | 0.02 | -0.14 | 0.12 |
| Revenue Estimate | 676.95M | 542.45M | 546.08M | 565.00M |
| Revenue Actual | 725.84M | 592.70M | 561.12M | 605.70M |
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% 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.