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.
Reliance Steel & Aluminum (NYSE:RS) reported its Q2 earnings results on Thursday, July 28, 2022 at 06:50 AM.
Here's what investors need to know about the announcement.
Earnings
Reliance Steel & Aluminum beat estimated earnings by 1.55%, reporting an EPS of $9.15 versus an estimate of $9.01.
Revenue was up $1.26 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.28 which was followed by a 0.44% drop in the share price the next day.
Here's a look at Reliance Steel & Aluminum's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 7.14 | 5.22 | 5.95 | 4.73 |
EPS Actual | 8.42 | 6.83 | 6.15 | 5.06 |
Revenue Estimate | 4.13B | 3.83B | 3.74B | 3.14B |
Revenue Actual | 4.49B | 3.99B | 3.85B | 3.42B |
To track all earnings releases for Reliance Steel & Aluminum 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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