What move does the options market price into Graham's report?

Implied ±10.3%, either direction.

How often does Graham move more than the options market prices?

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

GHMNYSEGeneral Industrial Machinery & Equipment

Graham Corp (GHM) earnings date, market-implied expected move, and options open interest by expiry

69.94

−3.98 · −5.39%

Regular session13:39 ET

Open73.92Volume159,134Mkt cap$867.6MP/E65.98EPS1.06

Day69.51 – 74.519%52-wk52.57 – 125.8224%

GHM

Graham Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±10.3%implied · report alone

8Q avg ±10.3%·×1.00·fair

66.3381.51

straddle ±12.7%

spot 73.92exp Nov 20ATM strike 75ATM straddle 11.05IV 86%

Nov 3 closereport share · term structurethin chain

Expected move

Inputs

Next report

Nov 6

before open · in 2 days

est.Q2 FY27

Calendar

Next report

Last report

+0.47%

vs ±12.1% implied · ×0.04

shaded = implied · ▲▼ = realized

Aug 6 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

+2.74%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

222 managers

Top fund weight

0.04%

GHM weight · IWM

N-PORTJun 30 '26

3 funds

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

Graham (GHM) is expected to report on Nov 6 before open (estimated date).

Implied vs realized

8 reports

4 of 8≥ implied

avg implied: ±11.7%
avg realized: ±10.3%

Nov 8 '24Nov 8 '24confirmed±10.8%▲+17.05%×1.57

Feb 7 '25Feb 7 '25confirmed±9.0%▼−16.05%×1.79

Q1 FY26Jun 9 '25confirmed±14.1%▲+6.33%×0.45

Aug 5 '25Aug 5 '25confirmed±10.9%▼−18.21%×1.67

Q2 FY25Nov 7 '25confirmed±12.5%▲+0.35%×0.03

Q3 FY25Feb 6 '26confirmed±12.6%▲+12.87%×1.02

Q1 FY27Jun 8 '26confirmed±11.6%▼−10.98%×0.95

Aug 6 '26Aug 6 '26confirmed±12.1%▲+0.47%×0.04

quarterimplied−20%0+20%realized×

Aug '26±12.1%▲+0.47%×0.04

Q1 FY27±11.6%

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

Implied vs realized

Positioning

OI · 3 expiries · Oct 19 close

1.33OI · 3 expiries · Oct 19 closeP/C open interest · Nov 20 · first expiry after the report

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

200%Nov 2016d150%

46+28%Dec 1844d0.086010%0.08

114+2%Mar 19135d5.43210%5.43

ExpiryPutsCallsP/C

Nov 2016d200%150%1.33

Dec 1844d46+28%6010%0.08

Mar 19135d114+2%210%5.43

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

Positioning

Linked exposure

scenario · straddle±12.7%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ1 FY27

5.48%as filednet margin · revenue +28.57% YoY

Revenue

$71M

Gross profit

$18M

24.95% margin

Operating income

$4M

5.82% margin

Pre-tax income

$4M

Net income

$4M

5.48% margin

Cost of revenue

$54M

Operating expenses

$14M

SG&A $13M

Other operating $588,000

Tax

$271,000

Other income

$31,000

Revenue$71M

Gross profit

$18M

24.95% margin

Operating income

$4M

5.82% margin

Pre-tax income

$4M

Net income

$4M

5.48% margin

Cost of revenue

$54M

Operating expenses

$14M

SG&A $13M

Other operating $588,000

Other income$31,000

Tax$271,000

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 13:30 ET

Intraday

Event sensitivity

NFP ×1.10· ±2.6% vs ±2.4% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±2.6%6 of 10×1.10

GDPgross domestic product±2.5%12 of 19×1.04

CPROFcorporate profits±2.4%8 of 12×0.99

PPIproducer prices±2.3%3 of 10×0.95

PCEpersonal income & outlays±2.2%12 of 19×0.93

FOMCrate decision±2.2%13 of 24×0.91

CPIconsumer prices±2.1%6 of 10×0.89

Bar = avg |move| to ±3% · tick = ±2.4% avg day · ×base = |move| ÷ ±2.4% · min 6 releases

Earnings history

EPS 0.33 · consensus —

Quarter	Reported	EPS	Consensus
Q1 FY27	Jun 8 '26 · confirmed	0.33	—
Q3 FY26	—	0.25	—
Q1 FY26	Jun 9 '25 · confirmed	0.42	—
Q3 FY25	Feb 6 '26 · confirmed	0.14	—

Methodology

ties · implied moves · holdersMethod