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.
Plains All American (NASDAQ:PAA) reported its Q1 earnings results on Friday, May 5, 2023 at 08:00 AM.
Here's what investors need to know about the announcement.
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Earnings
Plains All American beat estimated earnings by 13.89%, reporting an EPS of $0.41 versus an estimate of $0.36.
Revenue was down $1.35 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 1.57% drop in the share price the next day.
Here's a look at Plains All American's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.35 | 0.26 | 0.18 | 0.32 |
| EPS Actual | 0.33 | 0.33 | 0.30 | 0.31 |
| Revenue Estimate | 14.94B | 16.37B | 13.28B | 11.77B |
| Revenue Actual | 12.95B | 14.34B | 16.36B | 13.69B |
To track all earnings releases for Plains All American 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.