Equity Profile

CRAI

CRA International, Inc.

IndustrialsResearch & Consulting Services$1.1B

Aug6Thu

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

CRAI International, Inc. is a consulting firm that provides expert analysis and insights across various industries....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and performance this quarter.

N/A

Revenue Growth

Revenue growth reflects the company's ability to attract and retain clients, which is vital for its consulting services.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

CRAI Q2-2026 Earnings Preview

Context

Company Snapshot

CRAI International, Inc. is a consulting firm that provides expert analysis and insights across various industries. Operating in the industrials sector, CRAI plays a crucial role in helping businesses make informed decisions based on research and data-driven strategies.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

-0.53%

Avg Stock Reaction

-0.48%

Last Quarter Recap

In Q1 2026, CRAI reported an EPS of $1.99, slightly missing the estimate of $2.02. Following the announcement, the stock dropped by 8.86% the next day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic about CRAI's upcoming earnings report, given its historical performance of beating EPS estimates 75% of the time.

Bull Case

If CRAI can deliver strong EPS and revenue growth, it could signal robust demand for its consulting services, leading to a positive market reaction.

Bear Case

Conversely, if CRAI misses expectations again, particularly after a significant prior-quarter miss, it could raise concerns about the company's growth trajectory and client retention.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be this quarter, and how does it compare to the previous guidance?

Given the company's recent performance, a strong EPS could restore investor confidence, while a miss could raise red flags.

What are the revenue growth figures for this quarter?

Revenue growth is critical to understanding the demand for CRAI's consulting services and overall business health.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate CRAI's ability to rebound from its recent earnings miss, as historical performance shows a tendency to recover quickly after a setback.

Supporting Evidence

CRAI has a 75% EPS beat rate historically, indicating potential for a positive surprise.

Options pricing suggests a larger than average move, which may reflect investor uncertainty rather than a bearish outlook.

The company's consulting services have been in demand, which could lead to stronger revenue growth than anticipated.

Key Risk

If the EPS comes in above $2.10, it could significantly shift market sentiment in favor of CRAI.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's results will be pivotal in determining whether CRAI can rebound from its recent earnings miss and regain investor trust.

Bull Confirmed If

An EPS of $2.10 or higher would confirm a strong recovery and growth outlook.

Bear Confirmed If

An EPS below $1.90 would suggest ongoing challenges in client retention and revenue generation.

Pre-Earnings Positioning

Options Market

Implied Move

±18.05%

Historical Avg

±6.5%

Pricing rich

The options market is pricing in a significant potential move in either direction, indicating heightened uncertainty ahead of the earnings report.

Options are pricing ±18.1% while CRAI has averaged ±6.5% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

48.6%

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If CRAI beats expectations, history suggests the stock could rise by around 0.10%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await further clarity from management.

Miss

A miss could lead to a decline of approximately 2.20%, reflecting ongoing concerns about the company's growth prospects.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on client acquisition and retention strategies.
2Details on revenue growth by segment, particularly in high-demand areas.
3Management's outlook on market conditions and demand for consulting services.
4Insights into cost management and operational efficiency improvements.
5Any changes in guidance or expectations for the next quarter.

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Company Snapshot

CRAI International, Inc. is a consulting firm that provides expert analysis and insights across various industries....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and performance this quarter.

N/A

Revenue Growth

Revenue growth reflects the company's ability to attract and retain clients, which is vital for its consulting services.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

CRAI Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

-0.53%

Avg Stock Reaction

-0.48%

Last Quarter Recap

In Q1 2026, CRAI reported an EPS of $1.99, slightly missing the estimate of $2.02. Following the announcement, the stock dropped by 8.86% the next day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic about CRAI's upcoming earnings report, given its historical performance of beating EPS estimates 75% of the time.

Bull Case

If CRAI can deliver strong EPS and revenue growth, it could signal robust demand for its consulting services, leading to a positive market reaction.

Bear Case

Conversely, if CRAI misses expectations again, particularly after a significant prior-quarter miss, it could raise concerns about the company's growth trajectory and client retention.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be this quarter, and how does it compare to the previous guidance?

Given the company's recent performance, a strong EPS could restore investor confidence, while a miss could raise red flags.

What are the revenue growth figures for this quarter?

Revenue growth is critical to understanding the demand for CRAI's consulting services and overall business health.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate CRAI's ability to rebound from its recent earnings miss, as historical performance shows a tendency to recover quickly after a setback.

Supporting Evidence

CRAI has a 75% EPS beat rate historically, indicating potential for a positive surprise.

Options pricing suggests a larger than average move, which may reflect investor uncertainty rather than a bearish outlook.

The company's consulting services have been in demand, which could lead to stronger revenue growth than anticipated.

Key Risk

If the EPS comes in above $2.10, it could significantly shift market sentiment in favor of CRAI.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's results will be pivotal in determining whether CRAI can rebound from its recent earnings miss and regain investor trust.

Bull Confirmed If

An EPS of $2.10 or higher would confirm a strong recovery and growth outlook.

Bear Confirmed If

An EPS below $1.90 would suggest ongoing challenges in client retention and revenue generation.

Pre-Earnings Positioning

Options Market

Implied Move

±18.05%

Historical Avg

±6.5%

Pricing rich

The options market is pricing in a significant potential move in either direction, indicating heightened uncertainty ahead of the earnings report.

Options are pricing ±18.1% while CRAI has averaged ±6.5% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

48.6%

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If CRAI beats expectations, history suggests the stock could rise by around 0.10%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await further clarity from management.

Miss

A miss could lead to a decline of approximately 2.20%, reflecting ongoing concerns about the company's growth prospects.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on client acquisition and retention strategies.
2Details on revenue growth by segment, particularly in high-demand areas.
3Management's outlook on market conditions and demand for consulting services.
4Insights into cost management and operational efficiency improvements.
5Any changes in guidance or expectations for the next quarter.