Canadian National Railway (CNI) and EQT are scheduled to report earnings after the market close today, while Amphenol (APH) will release its results tomorrow before the open.

CNI shares are down 4% ahead of earnings. Historically, the stock tends to revert following its report so this is bullish. The short interest model indicates a slight bullish signal, as short interest has been rising—though it remains low overall, it has recently doubled.

CNI typically moves ~2% on earnings, and the options market is currently pricing in a similar 2% move.

EQT shares have declined 8%, and given the stock’s momentum-driven nature, it is expected to continue trending lower.

Short interest is low at 2.64% of float.

EQT historically moves ~5% on earnings, which aligns with the 5% move currently priced in by the options market.

APH is up 3.5% ahead of earnings, and its positive momentum suggests potential for further upside post-report.

Historically, APH moves ~3% on earnings, but the options market is anticipating a larger move of 6.5% this time.

Want to know more? Access this data in real time using S3’s BLACK APP

The information herein (some of which has been obtained from third party sources without verification) is believed by S3 Partners, LLC (“S3 Partners”) to be reliable and accurate. Neither S3 Partners nor any of its affiliates makes any representation as to the accuracy or completeness of the information herein or accepts liability arising from its use. Prior to making any decisions based on the information herein, you should determine, without reliance upon S3 Partners, the economic risks, and merits, as well as the legal, tax, accounting, and investment consequences, of such decisions.