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.
Bloomin Brands (NASDAQ:BLMN) reported its Q2 earnings results on Friday, July 29, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Bloomin Brands beat estimated earnings by 9.68%, reporting an EPS of $0.68 versus an estimate of $0.62.
Revenue was up $48.20 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 0.05% drop in the share price the next day.
Here's a look at Bloomin Brands's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.74 | 0.52 | 0.56 | 0.65 |
| EPS Actual | 0.80 | 0.60 | 0.57 | 0.81 |
| Revenue Estimate | 1.13B | 1.04B | 1.04B | 1.03B |
| Revenue Actual | 1.14B | 1.05B | 1.01B | 1.08B |
To track all earnings releases for Bloomin Brands 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.
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