Post-earnings recap
Reported
Wed, Jul 29, 2026
EPS actual
$0.15
EPS est.
$0.12
EPS surprise
+25.00%
1-day move
+0.26%
Rush Street Interactive, Inc. (RSI) operates in the consumer discretionary sector, focusing on online casinos and gaming. As a key player in the growing iGaming market, the company is positioned to benefit from increasing consumer spending on digital entertainment.
Last quarter
In Q1 2026, Rush Street Interactive reported an EPS of $0.14, significantly beating expectations. However, the stock experienced a slight decline the following day, indicating mixed market reactions despite the positive earnings surprise.
EPS beat streak
8Q
EPS beat rate
100%
Avg EPS surprise
+84.06%
Avg 1-day reaction
+0.93%
Investors are cautiously optimistic ahead of the upcoming earnings report, given the company's strong history of beating EPS estimates. However, uncertainty remains regarding revenue figures and overall market conditions.
Bull case
If Rush Street Interactive continues its trend of beating EPS estimates, it could signal strong operational performance and market share growth, potentially driving the stock higher.
Bear case
On the other hand, if the company fails to deliver on revenue growth or shows signs of increased customer acquisition costs, it could lead to a negative market reaction.
The print will turn on these.
Q1
What will be the EPS for Q2 2026?
Given the company's strong history of beating EPS estimates, this number will be crucial for investor sentiment and stock performance.
Q2
How has customer acquisition cost changed this quarter?
Understanding changes in customer acquisition costs will help gauge the sustainability of revenue growth and overall profitability.
—
Est. EPS
—
Est. Rev
—
Impl. Move
±3.5%
Why consensus could be wrong
The market may be underestimating Rush Street's ability to maintain its growth trajectory, especially given its recent strong EPS performance.
Supporting evidence
The company has consistently beaten EPS estimates, suggesting strong operational execution.
Options pricing indicates a significant expected move, reflecting market uncertainty that could be overblown.
Key risk
If customer acquisition costs remain stable or decrease, it could challenge the bearish sentiment.
Pre-commit to what would confirm each case.
The market is debating whether Rush Street Interactive can maintain its growth trajectory amid rising competition and changing consumer preferences.
Bull confirmed if
An EPS of $0.15 or higher would confirm the bull case, indicating continued strong performance.
Bear confirmed if
An EPS below $0.10 would confirm the bear case, suggesting potential challenges in profitability.
What the market is pricing for the move.
Implied Move
±26.44%
Historical Avg
±2.4%
The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.
Options are pricing ±26.4% while RSI has averaged ±2.4% over the last 8 prints — setup is pricing rich.
ATM IV
0.5%
30d HV
56.9%
Cross-company pattern from 30 similar setups.
Prior-quarter beat + options rich in Consumer Discretionary
Fade rate: 8 of 21 (38%)
This setup has occurred 30 times across Consumer Discretionary in the last 2 years. 13 of 21 (62%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.9%, with a raw directional average of +2.2% (modestly positive historical bias).
Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.
Bought
$29,025.00
1,500 sh
1 insider
Sold
$4.0M
201,332 sh
3 insiders
Net
$4.0M
Net selling
Most Active Insiders· 6 open-market trades
$3.1M
Net selling
Smart-money positioning from the most recent 13F filings.
Institutional
110.73%
of float
Insider
2.62%
of float
Holders
404
institutions
Top Holders· as of Jun 2026
Blackrock Inc.
15,078,522 sh · $305.2M
13.04%
81.1%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Rush Street beats expectations, history suggests the stock could rise by around 0.93% on the following day, confirming strong operational momentum.
In line / cautious
If results are in line with expectations but management provides cautious commentary, the stock may see muted movement as investors weigh future growth prospects.
Miss
Should the company miss expectations, history indicates a potential decline of around 2.40%, reflecting disappointment in market performance.
The lines on the call that would change the story.
$467,130.00
Net selling
$397,498.00
Net selling
$29,025.00
Net buying
Recent Transactions
Oct 1, 2026 · @ $19.88
55,555 sh
$1.1M
Oct 1, 2026 · @ $19.88
55,555 sh
$1.1M
Oct 1, 2026 · @ $19.88
47,222 sh
$938,631.69
Oct 5, 2026 · @ $20.31
23,000 sh
$467,130.00
Oct 1, 2026 · @ $19.87
20,000 sh
$397,498.00
Open-market trades only (Form 4 codes P/S). Awards, exercises, and tax-withholding excluded as routine compensation noise.
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5,425,402 sh · $109.8M
4.69%
-15.6%
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5,014,887 sh · $101.5M
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4,454,433 sh · $90.2M
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13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.