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.
The Toronto-Dominion Bank (NYSE:TD) is set to give its latest quarterly earnings report on Thursday, 2022-05-26. Here's what investors need to know before the announcement.
Analysts estimate that The Toronto-Dominion Bank will report an earnings per share (EPS) of $1.50.
The Toronto-Dominion Bank 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).
Historical Earnings Performance
Last quarter the company beat EPS by $0.02, which was followed by a 0.05% drop in the share price the next day.
Here's a look at The Toronto-Dominion Bank's past performance and the resulting price change:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.62 | 1.56 | 1.16 | 1.16 |
| EPS Actual | 1.64 | 1.66 | 1.60 | 1.62 |
| Price Change % | -0.05% | -1.18% | -0.06% | 0.28% |
Stock Performance
Shares of The Toronto-Dominion Bank were trading at $72.19 as of May 24. Over the last 52-week period, shares are up 1.5%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
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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