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.
Matrix Service (NASDAQ:MTRX) reported its Q4 earnings results on Friday, October 7, 2022 at 05:00 AM.
Here's what investors need to know about the announcement.
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Earnings
Matrix Service missed estimated earnings by 73.33%, reporting an EPS of $-0.52 versus an estimate of $-0.3.
Revenue was up $25.82 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.31 which was followed by a 16.33% drop in the share price the next day.
Here's a look at Matrix Service's past performance:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.19 | -0.26 | -0.22 | -0.02 |
| EPS Actual | -0.50 | -0.38 | -0.60 | -0.40 |
| Revenue Estimate | 170.97M | 174.59M | 172.23M | 177.17M |
| Revenue Actual | 177.00M | 161.97M | 168.09M | 174.90M |
To track all earnings releases for Matrix Service 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.