Forgent Power Solutions options signal 11% move on earnings

Forgent Power Solutions Inc. Class A stock may move 11% when the company releases its earnings report, based on options data compiled by Bloomberg. The company plans to announce its results on Nov. 12 before the market opens.

The options market has correctly predicted the magnitude of stock movement in one of the past three earnings announcements for Forgent Power Solutions.

On Sept. 15, options indicated a potential 14.7% move, but the stock price remained unchanged following the announcement. On May 14, options suggested a 9.7% move, and the actual price change reached 17.6%. On March 16, the implied move was 13.3%, while the stock moved 9.2%.