The Charles Schwab Corporation(SCHW)Earnings Date, History & Expected MoveNYSE
Next report date, beat rate and options-implied move
SCHW is scheduled to report on Oct 15, 2026, before the market opens. Analysts expect EPS of $1.70.
EPS: Actual vs Estimate
Reported earnings per share against the consensus estimate, last 12 quarters.
Green = beat or met, red = missed, amber = our data sources disagree on beat vs miss for that quarter.
Stock Reaction After Earnings
Close-to-close move in the first session that reflected each report.
Dashed lines: average actual move (±3.6%) and what options price for the next report (±4.9%).
Did the stock rise after good news?
"Beat" means the company earned more than analysts expected. Here is what the stock did the next day.
In plain words: it beat expectations 10 times, but the stock still fell 5 of those 10 times.
- Jul '26Beat▼ -2.5%
- Apr '26Beat▼ -7.6%
- Oct '25Beat▼ -1.0%
- Jul '25Beat▲ +2.9%
- Apr '25Beat▲ +0.6%
- Oct '24Beat▲ +6.1%
- Jul '24Beat▼ -10.2%
- Apr '24Beat▲ +1.7%
- Jan '24Beat▼ -1.3%
- Oct '23Beat▲ +4.7%
Only reports with a clear beat or miss and a known price reaction are counted. A beat does not guarantee a gain.
Why did SCHW fall after beating earnings?
Beating or missing estimates is only part of the story. These are the measurable things that stand out for each surprising reaction.
SCHW beat EPS estimates in 10 quarters, and the stock still closed lower the next day 5 times. In 2 of the 5 where we have price data, the stock had already run up before the report.
- Jul 21, 2026EPS beat +4.5%→stock -2.5% next day
- It had risen 11.8% in the 20 trading sessions before the report, so good news may already have been priced in.
- It opened 1.6% higher, but sellers took over and it closed -2.5%.
- Apr 16, 2026EPS beat +2.1%→stock -7.6% next day
- It had risen 6.7% in the 20 trading sessions before the report, so good news may already have been priced in.
- It opened 4.5% lower as soon as trading resumed.
- Oct 16, 2025EPS beat +4.8%→stock -1.0% next day
Nothing in the price and estimate numbers we track stands out for this one. Guidance and management comments are not part of our data.
- Jul 16, 2024EPS beat +1.4%→stock -10.2% next day
- The EPS beat was small (+1.4%).
- It opened 6.5% lower as soon as trading resumed.
- Jan 17, 2024EPS beat +6.3%→stock -1.3% next day
- It opened 5.3% lower as soon as trading resumed.
These are patterns visible in estimates and prices, not confirmed causes. Information only, not investment advice.
Was SCHW's earnings move already priced in?
Stocks often move in the weeks before a report. This compares that run-up with what happened after the report.
“Month before” is the move over the 20 trading days up to the last close before the report. “Priced in” means the good news may already be in the price. A run-up of 5% or more is treated as large.
Before vs after each report
Grey: how the stock moved in the 20 trading days before the report. Green or red: how it moved the day after.
Past reports only: this shows what happened, not what will happen.
Does SCHW hold its opening gap after earnings?
A gap is how far the stock opens from the previous close. A gap fades when the stock gives back at least half of it by the end of the day.
In 8 reports SCHW opened at least 1% away from the previous close. It gave back half or more of that gap by the close 4 of 8 times (50%), and fully reversed 2 times. Gaps up faded 2 of 4; gaps down recovered 2 of 4.
- Jul 21, 2026ReversedOpened +1.6%, closed -2.5%
- Apr 16, 2026HeldOpened -4.5%, closed -7.6%
- Jul 18, 2025HeldOpened +2.8%, closed +2.9%
- Apr 17, 2025FadedOpened +2.6%, closed +0.6%
- Oct 15, 2024HeldOpened +7.0%, closed +6.1%
- Jul 16, 2024HeldOpened -6.5%, closed -10.2%
- Jan 17, 2024FadedOpened -5.3%, closed -1.3%
- Oct 16, 2023ReversedOpened -1.4%, closed +4.7%
Gap = opening price vs the previous close. Close = the end of the first session that reflected the report. Reports without a clear opening time are left out.
What the history says
- It fell after 5 of its 10 EPS beats (50%): beating estimates has not been enough on its own.
- Options price a ±4.9% move, 1.37x its usual ±3.6%: the market expects more volatility than SCHW has typically delivered.
SCHW earnings history
Last 12 reported quarters with the stock's reaction.
Swipe sideways to see every column →
| Report date | Time | EPS est. | EPS actual | Surprise | 1-day move | 3-day move |
|---|---|---|---|---|---|---|
| Jul 21, 2026 | Before open | $1.55 | $1.62 | +4.5% | -2.52% | -0.91% |
| Apr 16, 2026 | Before open | $1.40 | $1.43 | +2.1% | -7.63% | -7.10% |
| Jan 21, 2026 | Before open | $1.39 | $1.39 | 0.0% | +0.79% | +1.18% |
| Oct 16, 2025 | Before open | $1.25 | $1.31 | +4.8% | -0.98% | +0.66% |
| Jul 18, 2025 | Before open | $1.10 | $1.14 | +3.6% | +2.90% | +2.46% |
| Apr 17, 2025 | Before open | $1.01 | $1.04 | +3.0% | +0.59% | +1.16% |
| Jan 21, 2025 | After close | $0.91 | $1.01 | +11.0% | — | — |
| Oct 15, 2024 | Before open | $0.75 | $0.77 | +2.7% | +6.10% | +6.03% |
| Jul 16, 2024 | Before open | $0.72 | $0.73 | +1.4% | -10.18% | -17.05% |
| Apr 15, 2024 | Before open | $0.73 | $0.74 | +1.4% | +1.71% | +3.53% |
| Jan 17, 2024 | Before open | $0.64 | $0.68 | +6.3% | -1.34% | -0.82% |
| Oct 16, 2023 | Before open | $0.74 | $0.77 | +4.1% | +4.66% | +0.99% |
Consensus for the next report: EPS $1.70, revenue $7.36B.
SCHW Earnings FAQ
Answers computed from The Charles Schwab Corporation's reported history
SCHW is scheduled to report on Oct 15, 2026, before the market opens. Analysts expect EPS of $1.70.
Over the last 12 quarters with a usable EPS surprise, SCHW beat the consensus estimate 11 times (92%), missed 0 and landed in line 1. It has beaten estimates in each of the last 2 counted quarters.
Across its last 11 quarters with a measured reaction, SCHW moved an average of ±3.6% in the first session after reporting. It closed higher 55% of the time; the largest gain was 6.1% and the largest drop -10.2%.
Options currently price a move of about ±4.9% (nearest at-the-money straddle that expires after the report). It measures the size of the expected move, not its direction. That is 1.37x its average historical move of ±3.6%, so options look expensive relative to history.
SCHW fell in the first session after 5 of its last 10 EPS beats (50%). A beat that was already priced in, or weaker guidance, can send a stock lower. In 2 of the 5 of those falls where price data is available, the stock had already risen before the report.
Across its last 11 quarters with price data, SCHW moved an average of +1.7% in the 20 trading sessions before reporting and was higher in 73% of them. After a run-up of 3% or more (6 quarters), it fell the next day 33% of the time, averaging +0.2%. After a drop of 3% or more (3 quarters), it rose the next day 67% of the time, averaging +1.3%. This describes past reports; it is not a forecast.
In 8 reports SCHW opened at least 1% away from the previous close. It gave back half or more of that gap by the close 4 of 8 times (50%), and fully reversed 2 times. A fade means the opening move was partly undone during the first session.
How we calculate these numbers
Reported EPS and estimates come from Yahoo Finance; report times, upcoming dates and revenue come from Finnhub. The 1-day move is the close-to-close change over the first session that reflects the report (the report-day close for after-close reports, the prior close for pre-market reports); reactions are left blank when the report time is unknown or looks inconsistent. The expected move is the price of the nearest at-the-money straddle that expires after the report divided by the share price, shown only when the quotes are liquid. Quarters where the two data sources disagree on beat versus miss are shown but never counted. Information only, not investment advice.