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.
GoPro (NASDAQ:GPRO) 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
GoPro missed estimated earnings by 28.57%, reporting an EPS of $-0.18 versus an estimate of $-0.14.
Revenue was down $41.98 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 11.92% drop in the share price the next day.
Here's a look at GoPro's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.09 | 0.16 | 0.07 | 0.06 |
| EPS Actual | 0.12 | 0.19 | 0.08 | 0.09 |
| Revenue Estimate | 322.80M | 297.37M | 240.16M | 217.10M |
| Revenue Actual | 321.02M | 305.13M | 250.69M | 216.71M |
To track all earnings releases for GoPro 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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