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.
PACCAR (NASDAQ:PCAR) reported its Q1 earnings results on Tuesday, April 26, 2022 at 08:00 AM.
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Here's what investors need to know about the announcement.
Earnings
PACCAR beat estimated earnings by 11.69%, reporting an EPS of $1.72 versus an estimate of $1.54.
Revenue was up $692.00 million from the same period last year.
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Past Earnings Performance
Last quarter the company beat on EPS by $0.15 which was followed by a 0.07% drop in the share price the next day.
Here's a look at PACCAR's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.32 | 1.24 | 1.39 | 1.27 |
| EPS Actual | 1.47 | 1.08 | 1.41 | 1.35 |
| Revenue Estimate | 5.50B | 4.91B | 5.51B | 5.31B |
| Revenue Actual | 6.30B | 4.74B | 5.39B | 5.41B |
To track all earnings releases for PACCAR visit their earnings calendar here.
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.