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.
Forward Air (NASDAQ:FWRD) 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
Forward Air beat estimated earnings by 1.58%, reporting an EPS of $1.93 versus an estimate of $1.9.
Revenue was up $90.40 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.29 which was followed by a 4.23% increase in the share price the next day.
Here's a look at Forward Air's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | 1.75 | 1.21 | 1.31 | 1.07 |
EPS Actual | 2.04 | 1.57 | 1.40 | 1.14 |
Revenue Estimate | 502.41M | 445.63M | 443.31M | 424.42M |
Revenue Actual | 515.22M | 466.96M | 459.93M | 419.62M |
To track all earnings releases for Forward Air 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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