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.
Charlottes Web Holdings (OTC:CWBHF) reported its Q2 earnings results on Tuesday, August 9, 2022 at 06:07 AM.
Here's what investors need to know about the announcement.
Earnings
Charlottes Web Holdings missed estimated earnings by 25.0%, reporting an EPS of $-0.05 versus an estimate of $-0.04.
Revenue was down $5.28 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 0.5% drop in the share price the next day.
Here's a look at Charlottes Web Holdings's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.05 | -0.05 | -0.04 | -0.05 |
| EPS Actual | -0.06 | -0.08 | -0.01 | -0.04 |
| Revenue Estimate | 27.64M | 27.74M | 26.42M | 28.38M |
| Revenue Actual | 19.36M | 24.80M | 23.70M | 24.15M |
To track all earnings releases for Charlottes Web Holdings 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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