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.
Goodyear Tire & Rubber (NASDAQ:GT) reported its Q2 earnings results on Friday, August 5, 2022 at 07:45 AM.
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Here's what investors need to know about the announcement.
Earnings
Goodyear Tire & Rubber beat estimated earnings by 35.29%, reporting an EPS of $0.46 versus an estimate of $0.34.
Revenue was up $1.23 billion from the same period last year.
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Past Earnings Performance
Last quarter the company beat on EPS by $0.16 which was followed by a 9.49% drop in the share price the next day.
Here's a look at Goodyear Tire & Rubber's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.21 | 0.32 | 0.29 | 0.14 |
| EPS Actual | 0.37 | 0.57 | 0.72 | 0.32 |
| Revenue Estimate | 4.65B | 4.96B | 4.75B | 3.81B |
| Revenue Actual | 4.91B | 5.05B | 4.93B | 3.98B |
To track all earnings releases for Goodyear Tire & Rubber 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.