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.
Onconova Therapeutics (NASDAQ:ONTX) reported its Q1 earnings results on Monday, May 15, 2023 at 04:18 PM.
Here's what investors need to know about the announcement.
Earnings
Onconova Therapeutics beat estimated earnings by 6.67%, reporting an EPS of $-0.28 versus an estimate of $-0.3.
Revenue was down $0 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 1.91% increase in the share price the next day.
Here's a look at Onconova Therapeutics's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | -0.28 | -0.21 | -0.21 | -0.19 |
EPS Actual | -0.26 | -0.26 | -0.19 | -0.20 |
Revenue Estimate | 60K | 60K | 60K | 80K |
Revenue Actual | 56K | 57K | 57K | 56K |
To track all earnings releases for Onconova Therapeutics 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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