27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
Calumet Specialty Prods (NASDAQ:CLMT) reported its Q1 earnings results on Friday, May 5, 2023 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Calumet Specialty Prods beat estimated earnings by 400.0%, reporting an EPS of $0.35 versus an estimate of $0.07.
Revenue was down $61.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.86 which was followed by a 8.12% increase in the share price the next day.
Here's a look at Calumet Specialty Prods's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0 | 0.33 | 0.27 | -0.52 |
| EPS Actual | -0.86 | 0.19 | -0.19 | -1.18 |
| Revenue Estimate | 904.43M | 1.01B | 1.18B | 841.30M |
| Revenue Actual | 999.80M | 1.17B | 1.42B | 1.10B |
To track all earnings releases for Calumet Specialty Prods visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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!