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.
Universal Display (NASDAQ:OLED) reported its Q4 earnings results on Thursday, February 22, 2024 at 04:08 PM.
Here's what investors need to know about the announcement.
Earnings
Universal Display beat estimated earnings by 13.16%, reporting an EPS of $1.29 versus an estimate of $1.14.
Revenue was down $10.71 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 3.59% increase in the share price the next day.
Here's a look at Universal Display's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 1 | 0.75 | 0.82 | 0.94 |
| EPS Actual | 1.08 | 1.04 | 0.83 | 1.36 |
| Revenue Estimate | 150.78M | 128.60M | 135.90M | 148.97M |
| Revenue Actual | 141.08M | 146.56M | 130.47M | 169.03M |
To track all earnings releases for Universal Display 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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