The options market is pricing a — move for CRM's 2026-09-02 · after close report. Over its last 8 reports, CRM has actually moved ±4% on average (biggest: ±11%). That's a 0.59× realized-vs-implied ratio, so the options look overpriced — CRM has historically moved less than what's priced, which favors selling premium (iron condor / credit spreads) if you have an edge. It has exceeded the implied move in 13% of those prints, beaten EPS estimates 0% of the time (8 quarters), and the 1-day reaction has been positive 38% of the time (avg +0.6%).
This is a data-driven edge, not a prediction of direction — earnings are binary events and any single print can gap either way. Position and size accordingly.
| Report | Est EPS | Actual | Result | Implied | 1d move | 1w move |
|---|---|---|---|---|---|---|
| 2026-05-27 | 3.12 | 3.05 | miss | ±7.5% | -0.8% | +7.4% |
| 2026-02-25 | 3.03 | 2.85 | miss | ±7.3% | +4% | +0.7% |
| 2025-12-03 | 2.85 | 2.66 | miss | ±6.4% | +3.7% | +10.7% |
| 2025-09-03 | 2.77 | 2.27 | miss | ±6.7% | -4.9% | -5.4% |
| 2025-05-28 | 2.54 | 1.94 | miss | ±6.2% | -3.3% | -4.7% |
| 2025-02-26 | 2.60 | 2.22 | miss | ±7.4% | -4% | -5% |
| 2024-12-03 | 2.43 | 1.86 | miss | ±6.3% | +11% | +5.2% |
| 2024-08-28 | 2.35 | 1.92 | miss | ±6.9% | -0.7% | -4.3% |
Historical implied vs actual moves & EPS beats/misses via Unusual Whales.
CRM is scheduled to report on 2026-09-02, after the close. Dates can shift until the company confirms.
The expected move is the size of the post-earnings swing the options market is pricing in (from the ATM straddle). We show CRM's live.
Over its last 8 reports, CRM has beaten EPS estimates 0% of the time. A beat doesn't guarantee an up move — the reaction depends on guidance and how much was already priced in.
Over the last 8 reports, CRM moved ±4% on average versus a ±6.8% implied move — a 0.59× ratio, so the options have been rich (it moves less than priced). It exceeded the implied move 13% of the time.
Expected moves, gamma levels and the day's setups before the open — free.
See CRM's positioning too: CRM gamma exposure → · CRM options flow →
The premium earnings board ranks every upcoming report by the biggest realized-vs-implied edge — where the options are mispriced vs how the stock actually moves — with the play on each.
Data via Unusual Whales · refreshes each session · educational, not financial advice · earnings are binary events with substantial risk.
