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.
Qurate Retail (NASDAQ:QRTEA) reported its Q1 earnings results on Friday, May 5, 2023 at 07:00 AM.
Here's what investors need to know about the announcement.
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Earnings
Qurate Retail beat estimated earnings by 37.5%, reporting an EPS of $-0.05 versus an estimate of $-0.08.
Revenue was down $239.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.22 which was followed by a 3.05% drop in the share price the next day.
Here's a look at Qurate Retail's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.17 | 0.11 | 0.14 | 0.25 |
| EPS Actual | -0.05 | -0.08 | 0.12 | 0.15 |
| Revenue Estimate | 3.51B | 2.82B | 2.82B | 3.00B |
| Revenue Actual | 3.53B | 2.74B | 2.95B | 2.88B |
To track all earnings releases for Qurate Retail 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.