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.
Rayonier Adv Materials (NYSE:RYAM) reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
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Earnings
Rayonier Adv Materials missed estimated earnings by 93.75%, reporting an EPS of $-0.31 versus an estimate of $-0.16.
Revenue was up $58.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 7.75% increase in the share price the next day.
Here's a look at Rayonier Adv Materials's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | -0.41 | -0.10 | 0.02 | 0.74 |
EPS Actual | -0.38 | -0.37 | -0.21 | 0.14 |
Revenue Estimate | 365.35M | 379.91M | 383.87M | 523.07M |
Revenue Actual | 352.00M | 374.00M | 374.00M | 341.00M |
To track all earnings releases for Rayonier Adv Materials 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.