Bartosiak: Trading Mobileye's (MBLY) Earnings with Options

MBLY

On Wednesday, February 22nd, Mobileye (MBLY - Free Report) will release its fourth quarter earnings results before the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of D.

Dave will look at Mobileye’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 Mobileye ahead of earnings.

Mobileye in Focus

Mobileye N.V. engages in designing and developing software and related technologies for camera-based advanced driver assistance systems. The company offers software algorithms and EyeQ chips that perform detailed interpretations of the visual field to anticipate possible collisions with other vehicles, pedestrians, cyclists, animals, debris, and other obstacles; and detect roadway markings, such as lanes, road boundaries, barriers, and related items, as well as identify and read traffic signs and traffic lights. Mobileye N.V. is headquartered in Jerusalem, Israel.

Mobileye is expected to report at $0.12 per share according to the Zacks Consensus Estimate. Last quarter they missed earnings expectations by 8.33%. They reported earnings at $0.11 per share, missing their estimate of $0.12. They have an average earnings surprise of -2.36%.

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