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.
Evergy (NASDAQ:EVRG) reported its Q1 earnings results on Friday, May 5, 2023 at 06:00 AM.
Here's what investors need to know about the announcement.
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Earnings
Evergy beat estimated earnings by 1.72%, reporting an EPS of $0.59 versus an estimate of $0.58.
Revenue was up $73.00 million from the same period last year.
Past Earnings Performance
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Last quarter the company beat on EPS by $0.04 which was followed by a 0.21% drop in the share price the next day.
Here's a look at Evergy's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 0.26 | 1.88 | 0.85 | 0.56 |
EPS Actual | 0.30 | 2.01 | 0.86 | 0.58 |
Revenue Estimate | 1.00B | 1.60B | 1.25B | 1.39B |
Revenue Actual | 1.28B | 1.91B | 1.45B | 1.22B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Evergy management provided guidance for FY 2023, expecting earnings between $3.55 and $3.75 per share.
To track all earnings releases for Evergy 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.