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.
Dril-Quip (NYSE:DRQ) reported its Q3 earnings results on Thursday, October 27, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
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Earnings
Dril-Quip beat estimated earnings by 266.67%, reporting an EPS of $0.05 versus an estimate of $-0.03.
Revenue was up $5.14 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 0.04% drop in the share price the next day.
Here's a look at Dril-Quip's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.09 | -0.18 | -0.15 | -0.14 |
| EPS Actual | -0.10 | -0.29 | -0.46 | -0.35 |
| Revenue Estimate | 87.88M | 85.36M | 82.75M | 85.64M |
| Revenue Actual | 93.98M | 83.14M | 77.91M | 83.00M |
To track all earnings releases for Dril-Quip 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.