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.
Curtiss-Wright (NYSE:CW) reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Curtiss-Wright beat estimated earnings by 8.28%, reporting an EPS of $1.83 versus an estimate of $1.69.
Revenue was down $12.14 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 6.51% drop in the share price the next day.
Here's a look at Curtiss-Wright's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.20 | 2.36 | 1.82 | 1.54 |
| EPS Actual | 1.31 | 2.40 | 1.88 | 1.56 |
| Revenue Estimate | 573.14M | 675.08M | 609.36M | 594.02M |
| Revenue Actual | 559.46M | 666.76M | 620.62M | 621.50M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Curtiss-Wright management provided guidance for FY 2022, expecting earnings between $8.1 and $8.3 per share.
To track all earnings releases for Curtiss-Wright 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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