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.
Earthstone Energy (NYSE:ESTE) reported its Q1 earnings results on Wednesday, May 3, 2023 at 05:05 PM.
Here's what investors need to know about the announcement.
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!
Earnings
Earthstone Energy beat estimated earnings by 4.05%, reporting an EPS of $0.77 versus an estimate of $0.74.
Revenue was up $216.99 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 3.46% drop in the share price the next day.
Here's a look at Earthstone Energy's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.05 | 1.47 | 1.25 | 0.56 |
| EPS Actual | 1.04 | 1.30 | 1.29 | 0.78 |
| Revenue Estimate | 468.06M | 442.80M | 375.16M | 167.57M |
| Revenue Actual | 494.96M | 531.50M | 472.55M | 196.15M |
To track all earnings releases for Earthstone Energy 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.