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.
Southern (NYSE:SO) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:30 AM.
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Here's what investors need to know about the announcement.
Earnings
Southern beat estimated earnings by 28.92%, reporting an EPS of $1.07 versus an estimate of $0.83.
Revenue was up $2.01 billion from the same period last year.
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Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 2.9% drop in the share price the next day.
Here's a look at Southern's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.91 | 0.35 | 1.22 | 0.78 |
EPS Actual | 0.97 | 0.36 | 1.23 | 0.84 |
Revenue Estimate | 5.98B | 4.78B | 6.15B | 5.08B |
Revenue Actual | 6.65B | 5.77B | 6.24B | 5.20B |
To track all earnings releases for Southern 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.