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.
MVB Financial (NASDAQ:MVBF) reported its Q4 earnings results on Wednesday, February 14, 2024 at 04:30 PM.
Here's what investors need to know about the announcement.
Earnings
MVB Financial beat estimated earnings by 84.85%, reporting an EPS of $0.61 versus an estimate of $0.33.
Revenue was down $4.23 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.3 which was followed by a 2.63% drop in the share price the next day.
Here's a look at MVB Financial's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.59 | 0.58 | 0.63 | 0.51 |
| EPS Actual | 0.29 | 0.63 | 0.87 | 0.50 |
| Revenue Estimate | 36.74M | 40.64M | 42.60M | 40.65M |
| Revenue Actual | 35.66M | 36.00M | 35.80M | 39.77M |
** Listen to the earnings announcement yourself by clicking here. **
To track all earnings releases for MVB Financial 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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!