Oncternal Therapeutics: Q1 Earnings Insights


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.


Oncternal Therapeutics (NASDAQ:ONCT) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:01 PM.

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

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Earnings

Oncternal Therapeutics reported in-line EPS of $-0.2 versus an estimate of $-0.2.

Revenue was down $543 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 15.37% drop in the share price the next day.

Here's a look at Oncternal Therapeutics's past performance:

QuarterQ4 2022Q3 2022Q2 2022Q1 2022
EPS Estimate-0.21-0.24-0.23-0.2
EPS Actual-0.20-0.21-0.23-0.2
Revenue Estimate330K310K460K520K
Revenue Actual171K382K191K746K

To track all earnings releases for Oncternal Therapeutics 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