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.
Cohu (NASDAQ:COHU) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:00 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
Cohu beat estimated earnings by 3.7%, reporting an EPS of $0.56 versus an estimate of $0.54.
Revenue was down $18.39 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 3.33% drop in the share price the next day.
Here's a look at Cohu's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.6 | 0.68 | 0.71 | 0.56 |
| EPS Actual | 0.7 | 0.74 | 0.81 | 0.66 |
| Revenue Estimate | 188.42M | 205.28M | 216.21M | 195.19M |
| Revenue Actual | 191.10M | 206.69M | 217.23M | 197.76M |
To track all earnings releases for Cohu 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.