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.
Columbus McKinnon (NASDAQ:CMCO) reported its Q2 earnings results on Thursday, October 27, 2022 at 06:55 AM.
Here's what investors need to know about the announcement.
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Earnings
Columbus McKinnon reported in-line EPS of $0.73 versus an estimate of $0.73.
Revenue was up $8.11 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 3.21% increase in the share price the next day.
Here's a look at Columbus McKinnon's past performance:
Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
---|---|---|---|---|
EPS Estimate | 0.59 | 0.79 | 0.54 | 0.75 |
EPS Actual | 0.69 | 0.79 | 0.60 | 0.74 |
Revenue Estimate | 226.85M | 235.35M | 219.74M | 228.66M |
Revenue Actual | 220.29M | 253.37M | 216.09M | 223.63M |
To track all earnings releases for Columbus McKinnon 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.