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.
Tecnoglass (NYSE:TGLS) reported its Q2 earnings results on Thursday, August 4, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Tecnoglass beat estimated earnings by 21.05%, reporting an EPS of $0.69 versus an estimate of $0.57.
Revenue was up $47.41 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 2.33% drop in the share price the next day.
Here's a look at Tecnoglass's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.46 | 0.41 | 0.35 | 0.31 |
| EPS Actual | 0.53 | 0.50 | 0.45 | 0.41 |
| Revenue Estimate | 133.47M | 129.36M | 117.51M | 106.22M |
| Revenue Actual | 134.55M | 131.82M | 130.41M | 121.71M |
To track all earnings releases for Tecnoglass 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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