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.
Luna Innovations (NASDAQ:LUNA) reported its Q2 earnings results on Thursday, August 11, 2022 at 08:00 AM.
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Here's what investors need to know about the announcement.
Earnings
Luna Innovations missed estimated earnings by 166.67%, reporting an EPS of $-0.02 versus an estimate of $0.03.
Revenue was down $1.77 million from the same period last year.
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Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 9.06% increase in the share price the next day.
Here's a look at Luna Innovations's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.01 | 0.04 | 0.08 | 0.06 |
| EPS Actual | 0.05 | 0.08 | 0.03 | 0.06 |
| Revenue Estimate | 21.23M | 23.67M | 30.04M | 28.91M |
| Revenue Actual | 22.48M | 24.22M | 20.33M | 27.94M |
To track all earnings releases for Luna Innovations 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.