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.
Sandvik (OTC:SDVKY) reported its Q3 earnings results on Monday, October 17, 2022 at 05:30 AM.
Here's what investors need to know about the announcement.
Earnings
Sandvik beat estimated earnings by 42.86%, reporting an EPS of $0.3 versus an estimate of $0.21.
Revenue was down $94.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 0.42% drop in the share price the next day.
Here's a look at Sandvik's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.27 | 0.32 | 0.34 | 0.28 |
| EPS Actual | 0.30 | 0.29 | 0.34 | 0.35 |
| Revenue Estimate | 2.45B | 3.04B | 3.10B | 2.64B |
| Revenue Actual | 2.75B | 2.67B | 3.29B | 2.87B |
To track all earnings releases for Sandvik 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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