|Bid||0.00 x 3000|
|Ask||0.00 x 4000|
|Day's Range||13.82 - 14.22|
|52 Week Range||7.54 - 18.34|
|Beta (5Y Monthly)||1.08|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 27, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||16.90|
On Tuesday, October 27, FireEye (NASDAQ: FEYE) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.Net Income, Earnings, And Earnings Per Share Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.Earnings And Revenue Wall Street analysts see FireEye reporting earnings of $0.07 per share on sales of $227.67 million. In the same quarter last year, FireEye reported EPS of $0.02 on revenue of $225.91 million.What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter? Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.View more earnings on FEYEIf the company were to match the consensus estimate, earnings would be up 250.0%. Revenue would be up 0.78% from the same quarter last year. FireEye's reported EPS has stacked up against analyst estimates in the past like this:Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019 EPS Estimate -0.02 -0.04 0.04 0.01 EPS Actual 0.09 -0.02 0.07 0.02 Revenue Estimate 214.77 M 221.28 M 226.42 M 219.80 M Revenue Actual 229.90 M 224.72 M 235.09 M 225.91 M Stock Performance Shares of FireEye were trading at $14.24 as of October 23. Over the last 52-week period, shares are down 8.59%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.Do not be surprised to see the stock move on comments made during its conference call. FireEye is scheduled to hold the call at 17:00:00 ET and can be accessed here.See more from Benzinga * Click here for options trades from Benzinga * Understanding FireEye's Unusual Options Activity(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Shares of FireEye (NASDAQ: FEYE) saw some unusual options activity on Wednesday. Following the unusual option alert, the stock price moved up to $14.16. * Sentiment: BULLISH * Option Type: TRADE * Trade Type: CALL * Expiration Date: 2020-10-23 * Strike Price: $14.00 * Volume: 2243 * Open Interest: 9474Three Signs Of Unusual Options Activity One way options market activity can be considered unusual is when volume is exceptionally higher than its historical average. The volume of options activity refers to the number of contracts traded over a given time period. Open interest is the number of unsettled contracts that have been traded but not yet closed by either counterparty. In other words, open interest represents the quantity of contracts that individual parties have written but not yet found a counterparty for (i.e. a buyer finding a seller, or a seller finding a buyer).The trading of a contract with an expiration date in the distant future is another sign of unusual activity. Generally, additional time until a contract expires increases the potential for it to reach its strike price and grow its time value. Time value is important in this context because it represents the difference between the strike price and the value of the underlying asset.Contracts that are "out of the money" are also indicative of unusual options activity. "Out of the money" contracts occur when the underlying price is under the strike price on a call option, or above the strike price on a put option. These trades are made with the expectation that the value of the underlying asset is going to change dramatically in the future, and buyers and sellers will benefit from a greater profit margin.Understanding Sentiment Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price.Although the activity is suggestive of these strategies, these observations are made without knowing the investor's true intentions when purchasing these options contracts. An observer cannot be sure if the bettor is playing the contract outright or if they're hedging a large underlying position in a common stock. For the latter case, the exposure a large investor has on their short position in common stock may be more meaningful than bullish options activity.Using These Strategies To Trade Options Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.For more information to understand options alerts, visit https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alertsSee more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * Unusual Options Activity Insight: FireEye(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
FireEye (FEYE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.