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.
Ingredion (NYSE:INGR) reported its Q2 earnings results on Tuesday, August 9, 2022 at 06:01 AM.
Here's what investors need to know about the announcement.
Earnings
Ingredion beat estimated earnings by 9.84%, reporting an EPS of $2.12 versus an estimate of $1.93.
Revenue was up $282.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.14 which was followed by a 0.12% drop in the share price the next day.
Here's a look at Ingredion's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.81 | 1.32 | 1.45 | 1.55 |
| EPS Actual | 1.95 | 1.09 | 1.67 | 2.05 |
| Revenue Estimate | 1.77B | 1.75B | 1.73B | 1.70B |
| Revenue Actual | 1.89B | 1.75B | 1.76B | 1.76B |
To track all earnings releases for Ingredion 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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