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.
PetIQ (NASDAQ:PETQ) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
PetIQ beat estimated earnings by 28.57%, reporting an EPS of $0.45 versus an estimate of $0.35.
Revenue was up $14.78 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 9.23% increase in the share price the next day.
Here's a look at PetIQ's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | -0.09 | 0.35 | 0.37 | |
EPS Actual | -0.10 | 0.15 | 0.51 | 0.62 |
Revenue Estimate | 192.47M | 204.33M | 259.41M | 269.34M |
Revenue Actual | 184.08M | 209.72M | 252.01M | 275.69M |
To track all earnings releases for PetIQ 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.
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