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.
Coty (NYSE:COTY) reported its Q1 earnings results on Tuesday, November 7, 2023 at 04:30 PM.
Here's what investors need to know about the announcement.
Earnings
Coty missed estimated earnings by 47.06%, reporting an EPS of $0.09 versus an estimate of $0.17.
Revenue was up $251.40 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 4.94% increase in the share price the next day.
Here's a look at Coty's past performance:
| Quarter | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.02 | 0.03 | 0.15 | 0.12 |
| EPS Actual | 0.01 | 0.19 | 0.22 | 0.11 |
| Revenue Estimate | 1.31B | 1.22B | 1.50B | 1.37B |
| Revenue Actual | 1.35B | 1.29B | 1.52B | 1.39B |
To track all earnings releases for Coty 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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