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.
Park-Ohio Hldgs (NASDAQ:PKOH) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:41 PM.
Here's what investors need to know about the announcement.
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Earnings
Park-Ohio Hldgs beat estimated earnings by 35.85%, reporting an EPS of $0.72 versus an estimate of $0.53.
Revenue was up $5.10 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.55 which was followed by a 3.8% drop in the share price the next day.
Here's a look at Park-Ohio Hldgs's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.46 | 0.43 | 0.25 | -0.53 |
| EPS Actual | -0.09 | 0.52 | 0.21 | 0.73 |
| Revenue Estimate | 427.10M | 428.00M | 421.25M | 378.15M |
| Revenue Actual | 381.60M | 435.80M | 428.60M | 418.40M |
To track all earnings releases for Park-Ohio Hldgs 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.