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.
Meridian (NASDAQ:MRBK) reported its Q2 earnings results on Monday, August 1, 2022 at 09:00 AM.
Here's what investors need to know about the announcement.
Earnings
Meridian missed estimated earnings by 8.57%, reporting an EPS of $0.96 versus an estimate of $1.05.
Revenue was down $9.19 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11 which was followed by a 0.95% increase in the share price the next day.
Here's a look at Meridian's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.77 | 0.97 | 1.14 | 1.16 |
| EPS Actual | 0.88 | 1.24 | 1.52 | 1.33 |
| Revenue Estimate | 29.15M | 32.59M | 35.94M | 34.31M |
| Revenue Actual | 29.14M | 33.41M | 38.38M | 37.14M |
Listen to the earnings announcement yourself by clicking here.
To track all earnings releases for Meridian 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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