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.
Heritage Insurance Hldgs (NYSE:HRTG) is set to give its latest quarterly earnings report on Tuesday, 2022-11-08. Here's what investors need to know before the announcement.
Analysts estimate that Heritage Insurance Hldgs will report an earnings per share (EPS) of $-0.94.
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Heritage Insurance Hldgs bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
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).
Historical Earnings Performance
Last quarter the company beat EPS by $0.15, which was followed by a 44.03% increase in the share price the next day.
Buy at this blue line for a shot at trading profitably
There are so many indicators out there on when to buy and sell. Nic uses none. He looks at a chart and buys when a stock “pushes” off this blue line. What blue line? Find out on the next page. It’ll change how you make money from stocks. Click here for the details.
Here's a look at Heritage Insurance Hldgs's past performance and the resulting price change:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.04 | 0.14 | 0.14 | -0.33 |
| EPS Actual | 0.11 | -1.15 | 0.41 | -0.59 |
| Price Change % | 44.03% | -6.06% | 13.77% | 0.59% |
Stock Performance
Shares of Heritage Insurance Hldgs were trading at $1.72 as of November 04. Over the last 52-week period, shares are down 73.61%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
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.