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.
GXO Logistics (NYSE:GXO) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:30 PM.
Here's what investors need to know about the announcement.
Earnings
GXO Logistics beat estimated earnings by 4.55%, reporting an EPS of $0.69 versus an estimate of $0.66.
Revenue was up $184.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 1.75% drop in the share price the next day.
Here's a look at GXO Logistics's past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.61 | 0.43 | 0.75 | 0.69 |
| EPS Actual | 0.70 | 0.49 | 0.83 | 0.75 |
| Revenue Estimate | 2.39B | 2.30B | 2.45B | 2.27B |
| Revenue Actual | 2.39B | 2.32B | 2.47B | 2.29B |
To track all earnings releases for GXO Logistics 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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