14 notable companies report earnings this week (June 23–25, 2026). The biggest expected move belongs to BlackBerry at ±14.4%. The expected move is the options market’s estimate of the post-earnings swing — read from the implied move in option prices. It is a size, not a direction.
Earnings releases by implied move
Each box is a company reporting June 23–25, 2026, placed by the options-implied move priced into its nearest expiry. A preview of the most liquid names — not an exhaustive list.
This week’s earnings & expected moves
| Stock | Day | Report | Expected move | Avg move | Last report |
|---|---|---|---|---|---|
| FDX FedEx | Tue | After close | ±7.8% | ±7.7% | +7.6% |
| CCL Carnival | Tue | Before open | ±7.6% | ±7.8% | −6.4% |
| ICLR ICON plc | Tue | After close | ±13.2% | ±6.0% | −10.0% |
| KBH KB Home | Tue | After close | ±10.1% | ±7.9% | −6.3% |
| MU Micron | Wed | After close | ±14.2% | ±8.5% | −8.8% |
| PAYX Paychex | Wed | Before open | ±9.7% | ±4.9% | +5.4% |
| TCOM Trip.com | Wed | After close | ±10.2% | ±7.9% | −3.9% |
| JEF Jefferies | Wed | After close | ±9.3% | ±6.5% | −8.2% |
| DRI Darden Restaurants | Thu | Before open | ±9.0% | ±7.0% | +3.0% |
| SNX TD SYNNEX | Thu | Before open | ±11.0% | ±8.8% | −7.5% |
| MKC McCormick | Thu | Before open | ±9.1% | ±2.2% | −9.0% |
| AYI Acuity Brands | Thu | Before open | ±9.7% | ±10.1% | −7.7% |
| CMC Commercial Metals | Thu | Before open | ±10.4% | ±7.4% | −5.1% |
| BB BlackBerry | Thu | Before open | ±14.4% | ±13.1% | +14.4% |
No companies from this week’s preview report on . Try another day, or open the EarningsWatcher app for the full calendar.
How to read it. “Expected move” is the options-implied move for the upcoming report. “Avg move” is the stock’s typical earnings-day move historically. “Last report” is the most recent earnings move. “Before open” / “after close” is when the company reports.
What the expected move tells you
A larger expected move means options are pricing in a bigger swing — and charging more premium for it. Whether that premium has historically been rich or cheap depends on how often the stock actually beats its implied move; our data study on which stocks beat the implied move shows how widely that varies. Going into any report, implied volatility builds (the IV rush) and then collapses afterward (the IV crush). This page is information to research from, not a recommendation.
Frequently asked questions
What is an expected (implied) move on earnings?
The expected move is how big a price swing the options market is pricing in for an upcoming earnings report. It is read from option prices — roughly the cost of the at-the-money straddle for the expiry covering the report — and represents the market's one-standard-deviation estimate of the post-earnings move. It is a magnitude, not a direction.
How do I read this week's earnings table?
“Expected move” is the options-implied move for the upcoming report. “Avg move” is the stock's typical earnings-day move historically. “Last report” is the most recent earnings move (signed). “Before open” means the company reports before the market opens; “after close” means after it closes.
Does a bigger expected move mean a stock is a better trade?
No. A larger expected move simply means options are pricing in a larger swing — and charging more premium for it. Whether that premium is rich or cheap depends on how the stock has actually moved versus its implied move in the past. This page is information, not advice.