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.
Signature Bank (NASDAQ:SBNY) reported its Q3 earnings results on Tuesday, October 18, 2022 at 05:00 AM.
Here's what investors need to know about the announcement.
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Earnings
Signature Bank beat estimated earnings by 2.39%, reporting an EPS of $5.57 versus an estimate of $5.44.
Revenue was up $205.50 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.21 which was followed by a 0.19% increase in the share price the next day.
Here's a look at Signature Bank's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 5.05 | 4.32 | 3.94 | 3.72 |
| EPS Actual | 5.26 | 4.63 | 4.34 | 3.88 |
| Revenue Estimate | 687.30M | 609.41M | 549.52M | 513.37M |
| Revenue Actual | 686.77M | 607.96M | 569.38M | 512.24M |
To track all earnings releases for Signature Bank 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.