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.
Confluent (NASDAQ:CFLT) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:03 PM.
Here's what investors need to know about the announcement.
Earnings
Confluent beat estimated earnings by 35.71%, reporting an EPS of $-0.09 versus an estimate of $-0.14.
Revenue was up $48.16 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 0.3% increase in the share price the next day.
Here's a look at Confluent's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | -0.14 | -0.17 | -0.19 | -0.21 |
EPS Actual | -0.09 | -0.13 | -0.16 | -0.19 |
Revenue Estimate | 164.50M | 144.81M | 131.86M | 118.51M |
Revenue Actual | 168.67M | 151.73M | 139.41M | 126.14M |
To track all earnings releases for Confluent 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.
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!