10 earnings today; UNFI earnings revision risk dominates
Today brings 10 reporters across retail, SaaS, and industrial sectors. $CASY (Casey's General Stores) leads by market cap at $28B with a solid 6.59 EPS estimate and +14.21% YoY growth—a potential anchor trade for AMC movers. However, the most interesting setup is $UNFI (United Natural Foods), reporting BMO with a stunning +663.64% YoY EPS growth forecast; this kind of revision magnitude often triggers violent post-earnings swings either direction. $TTAN (ServiceTitan) and $BRZE (Braze) report negative EPS estimates but show strong revenue momentum—watch for misses to compound into larger declines. $INNV rounds out the speculative end with a 1000% YoY print, though its $1.46B cap makes it volatile and harder to trade efficiently.
No material post-earnings reactions from the last 3 days were flagged in today's dataset, suggesting a quiet overnight session. Attention shifts to the week ahead: eight high-IV setups are queued for Wed-Thu earnings, led by $NNOX (Nano-X Imaging) with an extreme 348% IV and 48.2% expected move on Sept 9—a textbook binary candidate for straddle/strangle plays. $NAVN, $LPTH, $MCFT, and $LOVE all sit in the 97–127% IV band with 13–17% expected moves, ideal for directional vol trades.
Congressional activity remains minimal and non-actionable (Cohen on $SONY, Jackson selling $VSAT). Focus today is earnings execution and positioning for the IV crush on high-volatility names after their reports.