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

Implied ±11.0%, either direction.

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

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

IESCNasdaqElectrical Work

IES Holdings, Inc. (IESC) earnings date, market-implied expected move, and options open interest by expiry

168.85

−34.53 · −16.98%

post 170.00 +0.68%

Closed19:10 ET

Open203.75Volume971,642Mkt cap$6.7B

Day169.00 – 204.513%52-wk167.74 – 408.261%

IESC

IES Holdings, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±11.0%implied · report alone

8Q avg ±9.3%·×1.18·rich

150.54187.60

straddle ±15.7%

spot 169.07exp Nov 20ATM strike 170ATM straddle 31.20IV 110%

Nov 4 closereport share · term structure

Expected move

Inputs

Next report

Nov 20

before open · in 16 days

est.Q4 FY25

Calendar

Next report

Last report

+30.27%

vs ±14.6% implied · ×2.08

shaded = implied · ▲▼ = realized

Jul 31 '26 · confirmed

Implied vs realized

Largest filed tie

—

13F top-10 QoQ

+0.06%

shares held · 10 largest managers

13F · Jun 30 '26128d lag

417 managers

Top fund weight

0.01%

IESC weight · VTI

N-PORTJun 30 '26

2 funds

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

IES (IESC) is expected to report on Nov 20 before open (estimated date).

Implied vs realized

8 reports

3 of 8≥ implied

avg implied: ±12.7%
avg realized: ±9.3%

Nov 22 '24Nov 22 '24confirmed±16.9%▲+2.79%×0.17

Feb 4 '25Feb 4 '25confirmed±14.3%▼−2.35%×0.16

May 2 '25May 2 '25confirmed±12.5%▲+12.55%×1.01

Aug 1 '25Aug 1 '25confirmed±11.2%▼−0.75%×0.07

Nov 21 '25Nov 21 '25confirmed±8.8%▲+3.70%×0.42

Jan 30 '26Jan 30 '26confirmed±12.1%▼−19.87%×1.65

Q2 FY26May 1 '26confirmed±11.5%▲+1.79%×0.16

Q3 FY26Jul 31 '26confirmed±14.6%▲+30.27%×2.08

quarterimplied−35%0+35%realized×

Q3 FY26±14.6%▲+30.27%×2.08

Q2 FY26±11.5%

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

Implied vs realized

Positioning

OI · 4 expiries · Oct 30 close

1.17OI · 4 expiries · Oct 30 closeP/C open interest · Nov 20 · first expiry after the report

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

984+28%Nov 2016d840+522%

1,068+34%Dec 1844d0.841,269+53%0.84

616+11%Jan 1572d0.551,125+16%0.55

183+44%Apr 16163d0.53345+54%0.53

ExpiryPutsCallsP/C

Nov 2016d984+28%840+522%1.17

Dec 1844d1,068+34%1,269+53%0.84

Jan 1572d616+11%1,125+16%0.55

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

Positioning

Linked exposure

scenario · straddle±15.7%

Funds 2

VTI±0.0%

VT±0.0%

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

Linked exposure

Revenue flow

as filedQ3 FY26

12.36%as filednet margin · revenue +27.55% QoQ · +39.60% YoY

Revenue

$1.2B+27.55% QoQ

Gross profit

$341M+33.70% QoQ

27.41% margin

Operating income

$179M+59.05% QoQ

14.37% margin

Pre-tax income

$205M+37.82% QoQ

Net income

$154M+39.19% QoQ

12.36% margin

Cost of revenue

$902M+25.37% QoQ

Operating expenses

$162M+13.74% QoQ

Tax

$51M+33.86% QoQ

Other income

$26M−27.72% QoQ

Revenue$1.2B+27.55%

Gross profit

$341M+33.70%

27.41% margin

Operating income

$179M+59.05%

14.37% margin

Pre-tax income

$205M+37.82%

Net income

$154M+39.19%

12.36% margin

Cost of revenue

$902M+25.37%

Operating expenses

$162M+13.74%

Other income$26M−27.72%

Tax$51M+33.86%

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

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 4 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 19:00 ET

Intraday

Event sensitivity

PPI ×1.49· ±4.4% vs ±2.9% · 10 releases

eventrelease day|move|up · n×base

PPIproducer prices±4.4%3 of 10×1.49

GDPgross domestic product±3.6%13 of 19×1.21

PCEpersonal income & outlays±3.4%13 of 19×1.16

FOMCrate decision±3.2%14 of 24×1.10

CPIconsumer prices±3.0%6 of 10×1.01

NFPjobs report±2.5%6 of 10×0.85

CPROFcorporate profits±2.0%8 of 12×0.69

Bar = avg |move| to ±5% · tick = ±2.9% avg day · ×base = |move| ÷ ±2.9% · min 6 releases

Earnings history

EPS 7.57 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Jul 31 '26 · confirmed	7.57	—
Q2 FY26	May 1 '26 · confirmed	5.44	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod