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.
Big Lots (NYSE:BIG) reported its Q2 earnings results on Tuesday, August 30, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Big Lots beat estimated earnings by 7.69%, reporting an EPS of $-2.28 versus an estimate of $-2.47.
Revenue was down $111.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $1.32 which was followed by a 12.1% drop in the share price the next day.
Here's a look at Big Lots's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.93 | 1.90 | -0.16 | 1.13 |
| EPS Actual | -0.39 | 1.75 | -0.14 | 1.09 |
| Revenue Estimate | 1.46B | 1.72B | 1.32B | 1.48B |
| Revenue Actual | 1.38B | 1.73B | 1.34B | 1.46B |
To track all earnings releases for Big Lots 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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!