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.
- PepsiCo, Inc. (NYSE: PEP) is scheduled to report its third quarter financial results on Tuesday morning, before the market opens.
- Yum! Brands, Inc. (NYSE: YUM) will announce its third quarter results after the bell on Tuesday.
- Shares of both companies are up on Monday trading, ahead of their earnings reports.
PepsiCo
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PepsiCo is reporting its third quarter financial results on Tuesday morning, and the Street is expecting to see a year-over-year decline of more than 6 percent in earnings.
In the third quarter of 2014, the company delivered earnings of $1.36 per share on revenue of $17.218 billion. For the current quarter, the Street anticipates consensus earnings of $1.27 per share on revenue of $16.191 billion (Estimize). The crowd is slightly less bearish and projects earnings of $1.30 per share on revenue of $16.282 billion.
However, it should be noted from the chart above that the food and beverage company has tended to either beat or meet estimates over the last eight quarters.
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Yum! Brands
Yum! Brands, for its part, is reporting its results on Tuesday afternoon, and expectations are quite bullish. The Street is modeling a 24 percent year-over-year increase in earnings, from $0.87 per share retrieved a year ago, to $1.08 per share expected for the current quarter (Estimize).
Experts are also anticipating that revenue will surge from $3.354 billion a year ago, to $3.711 billion this year.
The crowd is even more bullish, and is projecting consensus earnings of $1.09 per share on revenue of $3.724 billion.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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.