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.
M&T Bank (NYSE:MTB) reported its Q2 earnings results on Wednesday, July 20, 2022 at 06:40 AM.
Here's what investors need to know about the announcement.
Earnings
M&T Bank beat estimated earnings by 14.81%, reporting an EPS of $3.1 versus an estimate of $2.7.
Revenue was up $527.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.7 which was followed by a 0.82% increase in the share price the next day.
Here's a look at M&T Bank's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 2.03 | 2.91 | 3.50 | 3.60 |
EPS Actual | 2.73 | 3.50 | 3.76 | 3.45 |
Revenue Estimate | 1.48B | 1.56B | 1.48B | 1.49B |
Revenue Actual | 1.45B | 1.51B | 1.54B | 1.46B |
To track all earnings releases for M&T Bank 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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