Youku Tudou Shares Trending Lower After Hours Following Q3 Results


27% profit every 20 days?

This is what Nic Chahine averages with his option 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.


Shares of Youku Tudou ADR (NYSE: YOKU) are trending lower Thursday night following unaudited financial results for the third quarter 2014.

For the third quarter, the company reported EPS of -$0.08 on revenue of $180.3 million; missing EPS estimates by $0.01 with revenue in-line with estimates.

In addition, For the fourth quarter of 2014, the Company expects net revenues will be between RMB1.15 billion and RMB1.22 billion vs consensus of RMB1.21billion.

Lasty, the company also announced that CFO Ge Xu will resign.

Following the financial results, shares of Youku Tudou recently traded at $20.35 down 4.2 percent.


27% profit every 20 days?

This is what Nic Chahine averages with his option 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!

Posted In: EarningsNews