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.
Sportsman's Warehouse (NASDAQ:SPWH) reported its Q1 earnings results on Tuesday, May 30, 2023 at 04:05 PM.
Here's what investors need to know about the announcement.
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Earnings
Sportsman's Warehouse missed estimated earnings by 34.48%, reporting an EPS of $-0.39 versus an estimate of $-0.29.
Revenue was down $41.98 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 13.24% drop in the share price the next day.
Here's a look at Sportsman's Warehouse's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.29 | 0.29 | 0.25 | 0 |
| EPS Actual | 0.33 | 0.34 | 0.36 | 0.05 |
| Revenue Estimate | 380.01M | 358.74M | 337.74M | 305.30M |
| Revenue Actual | 379.27M | 359.72M | 351.02M | 309.50M |
To track all earnings releases for Sportsman's Warehouse 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.