How often does CRA International move more than the options market prices?

2 of the last 8 reports moved at least as far as the implied move.

CRAINasdaqServices-Legal Services

CRA International, Inc. (CRAI) earnings date, market-implied expected move, and options open interest by expiry

194.67

−0.59 · −0.30%

post 193.00 −0.86%

After hours16:49 ETdelayed

Open186.14Volume123,050Mkt cap$1.2BP/E23.45EPS8.23Div yield1.17%

Day186.14 – 196.3068%52-wk131.23 – 224.9466%

CRAI

CRA International, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Nov 5

before open · in 1 day

est.Q3 FY26

Calendar

Next report

Last report

−0.08%

vs ±7.4% implied · ×0.01

shaded = implied · ▲▼ = realized

Aug 6 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

+3.64%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

212 managers

Top fund weight

0.03%

CRAI weight · IWM

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

CRA International (CRAI) is expected to report on Nov 5 before open (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±6.9%
avg realized: ±4.9%

Oct 31 '24Oct 31 '24confirmed±6.4%▼−6.25%×0.98

Feb 20 '25Feb 20 '25confirmed±5.0%▲+11.37%×2.28

May 1 '25May 1 '25confirmed±6.8%▲+2.62%×0.38

Q2 FY26Jul 31 '25confirmed±6.3%▲+2.06%×0.32

Q3 FY26Oct 30 '25confirmed±7.0%▲+3.65%×0.53

Feb 26 '26Feb 26 '26confirmed±9.6%▲+4.46%×0.46

May 7 '26May 7 '26confirmed±6.7%▼−8.86%×1.32

Aug 6 '26Aug 6 '26confirmed±7.4%▼−0.08%×0.01

quarterimplied−15%0+15%realized×

Aug '26±7.4%▼−0.08%×0.01

May '26±6.7%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 1 expiry · Apr 7 close

—OI · 1 expiry · Apr 7 closeP/C open interest · Nov 20 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

0—Nov 2016d0—

ExpiryPutsCallsP/C

Nov 2016d0—0——

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ3 FY26

6.17%as filednet margin · revenue −0.53% QoQ

Revenue

$186M−0.53% QoQ

Gross profit

$54M−6.71% QoQ

29.28% margin

Operating income

$17M−12.75% QoQ

9.26% margin

Pre-tax income

$16M−5.21% QoQ

Net income

$11M−5.35% QoQ

6.17% margin

Cost of revenue

$131M+2.28% QoQ

Operating expenses

$37M−3.62% QoQ

SG&A $34M

Depreciation $3M

Other expense

$987,000

Tax

$5M−4.87% QoQ

Revenue$186M−0.53%

Gross profit

$54M−6.71%

29.28% margin

Operating income

$17M−12.75%

9.26% margin

Pre-tax income

$16M−5.21%

Net income

$11M−5.35%

6.17% margin

Cost of revenue

$131M+2.28%

Operating expenses

$37M−3.62%

SG&A $34M

Depreciation $3M

Other expense

$987,000

Tax$5M−4.87%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Sep 27 '25 · width = $

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:45 ET

Intraday

Event sensitivity

NFP ×1.44· ±2.3% vs ±1.6% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±2.3%5 of 10×1.44

PPIproducer prices±2.0%4 of 10×1.26

CPIconsumer prices±1.9%3 of 10×1.17

FOMCrate decision±1.8%11 of 24×1.10

PCEpersonal income & outlays±1.5%9 of 19×0.92

GDPgross domestic product±1.4%7 of 19×0.91

CPROFcorporate profits±1.1%4 of 12×0.66

Bar = avg |move| to ±3% · tick = ±1.6% avg day · ×base = |move| ÷ ±1.6% · min 6 releases

Earnings history

EPS 1.73 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 30 '25 · confirmed	1.73	—
Q2 FY26	Jul 31 '25 · confirmed	1.79	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod