The options market is pricing a — move for SCHW's 2026-10-15 · after close report. Over its last 8 reports, SCHW has actually moved ±3.4% on average (biggest: ±7.6%). That's a 0.85× realized-vs-implied ratio, so the options look overpriced — SCHW 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 38% of those prints, beaten EPS estimates 100% of the time (8 quarters), and the 1-day reaction has been positive 63% 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 |
|---|---|---|---|---|---|---|
| 2026-07-21 | 1.53 | 1.62 | beat | ±3.8% | -2.5% | +1.6% |
| 2026-04-16 | 1.38 | 1.43 | beat | ±3% | -7.6% | -8.5% |
| 2026-01-21 | 1.36 | 1.39 | beat | ±3.4% | +0.8% | +2.7% |
| 2025-10-16 | 1.24 | 1.31 | beat | ±4.3% | -1% | 0% |
| 2025-07-18 | 1.09 | 1.14 | beat | ±3.5% | +2.9% | +3.7% |
| 2025-04-17 | 1.00 | 1.04 | beat | ±4.3% | +0.6% | +2.8% |
| 2025-01-21 | 0.90 | 1.01 | beat | ±5% | +5.9% | +7.1% |
| 2024-10-15 | 0.75 | 0.77 | beat | ±5% | +6.1% | +4.5% |
Historical implied vs actual moves & EPS beats/misses via Unusual Whales.
SCHW is scheduled to report on 2026-10-15, 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 SCHW's live.
Over its last 8 reports, SCHW has beaten EPS estimates 100% 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, SCHW moved ±3.4% on average versus a ±4% implied move — a 0.85× ratio, so the options have been rich (it moves less than priced). It exceeded the implied move 38% of the time.
Expected moves, gamma levels and the day's setups before the open — free.
See SCHW's positioning too: SCHW gamma exposure → · SCHW 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.
