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.
Pool (NASDAQ:POOL) reported its Q2 earnings results on Thursday, July 21, 2022 at 07:00 AM.
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Here's what investors need to know about the announcement.
Earnings
Pool beat estimated earnings by 1.19%, reporting an EPS of $7.63 versus an estimate of $7.54.
Revenue was up $268.00 million from the same period last year.
Past Earnings Performance
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Last quarter the company beat on EPS by $1.26 which was followed by a 2.68% drop in the share price the next day.
Here's a look at Pool's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 3.15 | 1.87 | 3.85 | 5.48 |
| EPS Actual | 4.41 | 2.63 | 4.51 | 6.37 |
| Revenue Estimate | 1.27B | 958.64M | 1.37B | 1.73B |
| Revenue Actual | 1.41B | 1.04B | 1.41B | 1.79B |
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).
Guidance
Pool management provided guidance for FY 2022, expecting earnings between $18.38 and $19.13 per share.
To track all earnings releases for Pool 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.