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.
Starbucks (NASDAQ:SBUX) reported its Q2 earnings results on Tuesday, May 3, 2022 at 05:05 PM.
Here's what investors need to know about the announcement.
Earnings
Starbucks reported in-line EPS of $0.59 versus an estimate of $0.59.
Revenue was up $968.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.08 which was followed by a 1.04% drop in the share price the next day.
Here's a look at Starbucks's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.80 | 0.99 | 0.77 | 0.53 |
| EPS Actual | 0.72 | 1 | 1.01 | 0.62 |
| Revenue Estimate | 7.97B | 8.21B | 7.24B | 6.82B |
| Revenue Actual | 8.05B | 8.15B | 7.50B | 6.67B |
To track all earnings releases for Starbucks visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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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