27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
IAA (NYSE:IAA) reported its Q3 earnings results on Monday, November 7, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
Earnings
IAA missed estimated earnings by 10.0%, reporting an EPS of $0.45 versus an estimate of $0.5.
Revenue was up $76.80 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 1.06% increase in the share price the next day.
Here's a look at IAA's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.57 | 0.58 | 0.62 | 0.55 |
| EPS Actual | 0.62 | 0.66 | 0.61 | 0.52 |
| Revenue Estimate | 529.48M | 533.41M | 500.71M | 413.99M |
| Revenue Actual | 520.30M | 557.60M | 548.10M | 420.70M |
To track all earnings releases for IAA visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
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