Equity Profile

MIAX

Miami International Holdings, Inc.

FinancialsFinancial Exchanges & Data$4.4B

Aug5Wed

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Miami International Holdings, Inc. operates in the financial sector, focusing on financial exchanges and data services....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of a company's profitability and is closely watched by investors.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its business and attract more trading volume.

N/A

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

MIAX Q2-2026 Earnings Preview

Context

Company Snapshot

Miami International Holdings, Inc. operates in the financial sector, focusing on financial exchanges and data services. As a key player in this industry, MIAX provides trading platforms that facilitate the buying and selling of various financial instruments, which is crucial for market liquidity and efficiency.

Earnings Scorecard·Last 3Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+27.04%

Avg Stock Reaction

+2.32%

Last Quarter Recap

In Q1-2026, MIAX reported an EPS of $0.42, exceeding expectations by 17.32%. However, revenue figures were not disclosed, leaving some uncertainty about overall performance.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic about MIAX's upcoming earnings, especially given its strong track record of beating EPS estimates in recent quarters.

Bull Case

If MIAX continues its trend of beating EPS estimates, it could signal strong operational performance and increased trading volumes, driving stock price higher.

Bear Case

Conversely, if MIAX fails to meet expectations or provides weak guidance, it could lead to a significant sell-off, especially given the high implied volatility in the options market.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026?

Given MIAX's history of beating EPS estimates, the market will closely watch this figure to gauge ongoing profitability.

How has trading volume changed compared to previous quarters?

Increased trading volume can indicate a stronger market presence and better revenue potential, which investors will be keen to understand.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating MIAX's potential for higher trading volumes due to recent market trends, which could lead to better-than-expected earnings.

Supporting Evidence

MIAX has consistently beaten EPS estimates in the past three quarters, indicating strong operational performance.

The implied move of 18.1% suggests that the market is pricing in significant volatility, which could be an overreaction if the company performs well.

The lack of recent peer reports may indicate that MIAX is less affected by broader market trends than assumed.

Key Risk

If trading volumes exceed expectations, it could significantly boost revenue and earnings, contradicting current cautious sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core thesis revolves around MIAX's ability to maintain profitability and grow its trading volume amidst a competitive landscape.

Bull Confirmed If

An EPS of $0.45 or higher would confirm the bull case, indicating continued strong performance.

Bear Confirmed If

An EPS below $0.35 would confirm the bear case, suggesting potential operational challenges.

Pre-Earnings Positioning

Options Market

Implied Move

±18.1%

Historical Avg

±2.3%

Pricing rich

The options market is pricing in a significant potential move, suggesting that investors are anticipating volatility around the earnings report.

Options are pricing ±18.1% while MIAX has averaged ±2.3% over the last 3 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

38.2%

Calls (20K)P/C Ratio: 0.94Puts (11K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Financials

n=30

Fade rate: 12 of 25 (48%)

This setup has occurred 30 times across Financials in the last 2 years. 12 of 25 faded and 13 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 2.4%, with a raw directional average of -0.0% (roughly flat historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If MIAX beats expectations, history suggests a potential stock increase of around 2.32%, confirming strong operational health.

In-Line / Cautious

An in-line report may lead to muted reactions, as the market digests management's commentary and future guidance.

Miss

If MIAX misses expectations, history suggests a potential decline, with an average move of around -2.32% following a miss.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·0 sells

Members

House only

Est. Notional

$15,001.00–$50,000.00

disclosed dollar ranges

Most Active Members

D-CAGilbert CisnerosRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on trading volume trends compared to previous quarters.
2Details on any new initiatives or platforms that could drive future growth.
3Management's outlook on market conditions and competitive landscape.
4Insights into cost management and operational efficiency improvements.
5Any commentary on regulatory changes that could impact operations.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Miami International Holdings, Inc. operates in the financial sector, focusing on financial exchanges and data services....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of a company's profitability and is closely watched by investors.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its business and attract more trading volume.

N/A

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

MIAX Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 3Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+27.04%

Avg Stock Reaction

+2.32%

Last Quarter Recap

In Q1-2026, MIAX reported an EPS of $0.42, exceeding expectations by 17.32%. However, revenue figures were not disclosed, leaving some uncertainty about overall performance.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic about MIAX's upcoming earnings, especially given its strong track record of beating EPS estimates in recent quarters.

Bull Case

If MIAX continues its trend of beating EPS estimates, it could signal strong operational performance and increased trading volumes, driving stock price higher.

Bear Case

Conversely, if MIAX fails to meet expectations or provides weak guidance, it could lead to a significant sell-off, especially given the high implied volatility in the options market.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026?

Given MIAX's history of beating EPS estimates, the market will closely watch this figure to gauge ongoing profitability.

How has trading volume changed compared to previous quarters?

Increased trading volume can indicate a stronger market presence and better revenue potential, which investors will be keen to understand.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating MIAX's potential for higher trading volumes due to recent market trends, which could lead to better-than-expected earnings.

Supporting Evidence

MIAX has consistently beaten EPS estimates in the past three quarters, indicating strong operational performance.

The implied move of 18.1% suggests that the market is pricing in significant volatility, which could be an overreaction if the company performs well.

The lack of recent peer reports may indicate that MIAX is less affected by broader market trends than assumed.

Key Risk

If trading volumes exceed expectations, it could significantly boost revenue and earnings, contradicting current cautious sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core thesis revolves around MIAX's ability to maintain profitability and grow its trading volume amidst a competitive landscape.

Bull Confirmed If

An EPS of $0.45 or higher would confirm the bull case, indicating continued strong performance.

Bear Confirmed If

An EPS below $0.35 would confirm the bear case, suggesting potential operational challenges.

Pre-Earnings Positioning

Options Market

Implied Move

±18.1%

Historical Avg

±2.3%

Pricing rich

The options market is pricing in a significant potential move, suggesting that investors are anticipating volatility around the earnings report.

Options are pricing ±18.1% while MIAX has averaged ±2.3% over the last 3 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

38.2%

Calls (20K)P/C Ratio: 0.94Puts (11K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Financials

n=30

Fade rate: 12 of 25 (48%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If MIAX beats expectations, history suggests a potential stock increase of around 2.32%, confirming strong operational health.

In-Line / Cautious

An in-line report may lead to muted reactions, as the market digests management's commentary and future guidance.

Miss

If MIAX misses expectations, history suggests a potential decline, with an average move of around -2.32% following a miss.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·0 sells

Members

House only

Est. Notional

$15,001.00–$50,000.00

disclosed dollar ranges

Most Active Members

D-CAGilbert CisnerosRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on trading volume trends compared to previous quarters.
2Details on any new initiatives or platforms that could drive future growth.
3Management's outlook on market conditions and competitive landscape.
4Insights into cost management and operational efficiency improvements.
5Any commentary on regulatory changes that could impact operations.