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.
Arch Capital Group (NASDAQ:ACGL) reported its Q3 earnings results on Wednesday, October 26, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Arch Capital Group missed estimated earnings by 30.0%, reporting an EPS of $0.28 versus an estimate of $0.4.
Revenue was up $542.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.28 which was followed by a 2.24% drop in the share price the next day.
Here's a look at Arch Capital Group's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.06 | 0.96 | 0.88 | 0.31 |
| EPS Actual | 1.34 | 1.10 | 1.27 | 0.74 |
| Revenue Estimate | 2.47B | 2.61B | 1.82B | 1.91B |
| Revenue Actual | 2.33B | 2.12B | 2.08B | 1.93B |
To track all earnings releases for Arch Capital Group 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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