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.
Owens & Minor (NYSE:OMI) reported its Q3 earnings results on Wednesday, November 2, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
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Earnings
Owens & Minor reported in-line EPS of $0.41 versus an estimate of $0.41.
Revenue was down $5.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 0.77% increase in the share price the next day.
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Here's a look at Owens & Minor's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.76 | 0.82 | 0.71 | 0.55 |
| EPS Actual | 0.76 | 0.96 | 0.81 | 0.74 |
| Revenue Estimate | 2.54B | 2.31B | 2.43B | 2.46B |
| Revenue Actual | 2.50B | 2.41B | 2.47B | 2.50B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Owens & Minor management provided guidance for Q3 2022, expecting earnings between $0.39 and $0.41 per share.
To track all earnings releases for Owens & Minor 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.