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.
OFS Capital (NASDAQ:OFS) reported its Q3 earnings results on Friday, November 4, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Earnings
OFS Capital beat estimated earnings by 50.0%, reporting an EPS of $0.33 versus an estimate of $0.22.
Revenue was up $2.78 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.06 which was followed by a 2.3% drop in the share price the next day.
Here's a look at OFS Capital's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | 0.30 | 0.29 | 0.24 | 0.25 |
EPS Actual | 0.24 | 0.30 | 0.47 | 0.25 |
Revenue Estimate | 11.68M | 11.96M | 11.17M | 10.91M |
Revenue Actual | 10.43M | 10.95M | 15.27M | 10.59M |
To track all earnings releases for OFS Capital 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.