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Bartosiak: Trading Momo Inc.'s (MOMO) Earnings with Options
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On Tuesday, August 22nd, Momo Inc. (MOMO - Free Report) will release its second quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of B.
Dave will look at Momo Inc.’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Momo Inc. ahead of earnings.
Momo Inc. in Focus
Momo Inc. provides mobile-based social networking platform primarily in the Peoples Republic of China. Its platform includes mobile applications and related features, functionalities, tools and services. The Company offers two types of mobile game services non-exclusive mobile game services and exclusive mobile game services. It also provides membership subscription and other services which include paid emoticons and mobile marketing services. Momo Inc. is headquartered in Beijing, the Peoples Republic of China.
Momo Inc. is expected to report earnings at $0.28 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 42.86%. They reported earnings at $0.40 per share, beating their estimate of $0.28. They have an average earnings surprise of 27.71%.
How should investors play Momo Inc. ahead of their earnings report? For insights on the best options trades, then tune in at 1:00pm CST today to see David’s thoughts.
One Simple Trading Idea
Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars.
This proven stock-picking system is grounded on a single big idea that can be fortune shaping and life changing. You can apply it to your portfolio starting today.
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Bartosiak: Trading Momo Inc.'s (MOMO) Earnings with Options
On Tuesday, August 22nd, Momo Inc. (MOMO - Free Report) will release its second quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of B.
Dave will look at Momo Inc.’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Momo Inc. ahead of earnings.
Momo Inc. in Focus
Momo Inc. provides mobile-based social networking platform primarily in the Peoples Republic of China. Its platform includes mobile applications and related features, functionalities, tools and services. The Company offers two types of mobile game services non-exclusive mobile game services and exclusive mobile game services. It also provides membership subscription and other services which include paid emoticons and mobile marketing services. Momo Inc. is headquartered in Beijing, the Peoples Republic of China.
Momo Inc. is expected to report earnings at $0.28 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 42.86%. They reported earnings at $0.40 per share, beating their estimate of $0.28. They have an average earnings surprise of 27.71%.
Momo Inc. Price, Consensus and EPS Surprise
Momo Inc. Price, Consensus and EPS Surprise | Momo Inc. Quote
Bottom Line
How should investors play Momo Inc. ahead of their earnings report? For insights on the best options trades, then tune in at 1:00pm CST today to see David’s thoughts.
One Simple Trading Idea
Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars.
This proven stock-picking system is grounded on a single big idea that can be fortune shaping and life changing. You can apply it to your portfolio starting today.
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