IDEAYA Biosciences: 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.


IDEAYA Biosciences (NASDAQ:IDYA) reported its Q1 earnings results on Tuesday, May 9, 2023 at 06:00 AM.

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

Earnings

IDEAYA Biosciences beat estimated earnings by 10.91%, reporting an EPS of $-0.49 versus an estimate of $-0.55.

Revenue was down $3.48 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 3.85% drop in the share price the next day.

Here's a look at IDEAYA Biosciences's past performance:

QuarterQ4 2022Q3 2022Q2 2022Q1 2022
EPS Estimate-0.56-0.62-0.52-0.41
EPS Actual-0.500.04-0.57-0.36
Revenue Estimate7.00M5.69M6.60M5.87M
Revenue Actual4.02M29.70M5.85M11.36M

Listen to the earnings announcement yourself by clicking here.

To track all earnings releases for IDEAYA Biosciences 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.


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Posted In: EarningsBZI-Recaps