Recap: Manhattan Bridge Capital Q1 Earnings


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.


Manhattan Bridge Capital (NASDAQ:LOAN) reported its Q1 earnings results on Wednesday, April 19, 2023 at 04:40 PM.

Here's what investors need to know about the announcement.

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Earnings

Manhattan Bridge Capital missed estimated earnings by 15.38%, reporting an EPS of $0.11 versus an estimate of $0.13.

Revenue was up $283 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 1.09% drop in the share price the next day.

Listen to the earnings announcement yourself by clicking here.

To track all earnings releases for Manhattan Bridge 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.


Posted In: EarningsBZI-Recaps