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.
Eastman Chemical (NYSE:EMN) reported its Q4 earnings results on Thursday, February 1, 2024 at 04:35 PM.
Here's what investors need to know about the announcement.
Earnings
Eastman Chemical beat estimated earnings by 0.77%, reporting an EPS of $1.31 versus an estimate of $1.3.
Revenue was down $166.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 3.54% increase in the share price the next day.
Here's a look at Eastman Chemical's past performance:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
---|---|---|---|---|
EPS Estimate | 1.45 | 1.93 | 1.25 | 1.26 |
EPS Actual | 1.47 | 1.99 | 1.63 | 0.89 |
Revenue Estimate | 2.30B | 2.59B | 2.43B | 2.44B |
Revenue Actual | 2.27B | 2.32B | 2.41B | 2.37B |
To track all earnings releases for Eastman Chemical 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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