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.
Amalgamated Financial (NASDAQ:AMAL) reported its Q2 earnings results on Thursday, July 28, 2022 at 06:25 AM.
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Here's what investors need to know about the announcement.
Earnings
Amalgamated Financial beat estimated earnings by 18.18%, reporting an EPS of $0.65 versus an estimate of $0.55.
Revenue was up $16.43 million from the same period last year.
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Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 3.35% drop in the share price the next day.
Here's a look at Amalgamated Financial's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.39 | 0.41 | 0.37 | 0.36 |
| EPS Actual | 0.46 | 0.53 | 0.46 | 0.32 |
| Revenue Estimate | 52.10M | 51.04M | 48.72M | 48.74M |
| Revenue Actual | 55.79M | 59.44M | 50.09M | 47.32M |
To track all earnings releases for Amalgamated Financial 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.