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.
Cigna (NYSE:CI) reported its Q3 earnings results on Thursday, November 3, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
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Earnings
Cigna beat estimated earnings by 5.78%, reporting an EPS of $6.04 versus an estimate of $5.71.
Revenue was up $1.05 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.74 which was followed by a 0.6% increase in the share price the next day.
Here's a look at Cigna's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | 5.48 | 5.18 | 4.71 | 5.22 |
EPS Actual | 6.22 | 6.01 | 4.77 | 5.73 |
Revenue Estimate | 44.41B | 43.41B | 43.88B | 42.91B |
Revenue Actual | 45.43B | 44.11B | 45.68B | 44.31B |
To track all earnings releases for Cigna 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.