Pre-earnings brief
Reports
Tue, Nov 10, 2026
Est. EPS
—
Est. revenue
—
Implied move
±7.2%
EPS beat rate
88%
Ingram Micro Holding Corporation (INGM) is a key player in the Information Technology sector, specializing in technology distribution. The company plays a vital role in connecting technology manufacturers with businesses, making it important for trends in IT spending and supply chain dynamics.
Last quarter
In Q2-2026, Ingram Micro reported an EPS of $0.82, exceeding expectations by 11.72%. The stock reacted positively, gaining 0.90% the next day.
EPS beat streak
7Q
EPS beat rate
88%
Avg EPS surprise
+5.61%
Avg 1-day reaction
+0.84%
Overall, investors are cautiously optimistic about Ingram Micro's upcoming earnings. The company has consistently beaten EPS estimates, which may lead to high expectations this quarter.
Bull case
If Ingram Micro continues its trend of beating EPS estimates, it could signal strong operational efficiency and market demand, potentially driving the stock higher.
Bear case
On the other hand, any signs of revenue stagnation or increased costs could lead to disappointment, especially if the company fails to meet the high expectations set by its past performance.
The print will turn on these.
Q1
What will the EPS be this quarter, and will it continue the trend of beating estimates?
Given the company's strong history of EPS surprises, this will be a key indicator of ongoing operational success.
Q2
How is revenue growth trending compared to previous quarters?
Revenue growth is crucial for assessing the company's market position and ability to capitalize on technology trends.
—
Est. EPS
—
Est. Rev
—
Impl. Move
±11.1%
Why consensus could be wrong
The Street may be overly optimistic about revenue growth based on past performance, not accounting for potential market headwinds.
Supporting evidence
Options are pricing a significant move, indicating uncertainty that may not align with the company's historical performance.
The lack of analyst estimates suggests that expectations may be unfounded or misaligned with market conditions.
Key risk
If revenue growth comes in below expectations, it could challenge the bullish narrative surrounding the stock.
Pre-commit to what would confirm each case.
This quarter's performance will hinge on whether Ingram Micro can maintain its growth trajectory and profitability amidst a competitive landscape.
Bull confirmed if
An EPS of $0.85 or higher would confirm the bull case, indicating strong operational performance.
Bear confirmed if
An EPS below $0.75 would confirm the bear case, suggesting potential issues in revenue generation or cost management.
What the market is pricing for the move.
Implied Move
±11.01%
Historical Avg
±1.8%
The options market is pricing in a significant move of about 11% in either direction, indicating heightened uncertainty ahead of the earnings report.
Options are pricing ±7.2% while INGM has averaged ±1.8% over the last 8 prints — setup is pricing rich.
ATM IV
0.5%
30d HV
41.7%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Ingram Micro beats expectations, history suggests a potential stock increase of around +1.27%, confirming strong operational momentum.
In line / cautious
If results are in line with expectations, the stock may experience a muted reaction as investors assess management's commentary.
Miss
If the company misses expectations, history suggests a potential decline of around -1.82%, reflecting investor disappointment.
The lines on the call that would change the story.