FYI: Given the market turmoil we’ve seen since the start of the year, you may be surprised to hear that the average stock that has reported earnings this season has gained an average of nearly 1% on its earnings reaction day. (For those new to Bespoke, an “earnings reaction day” is the first trading day following a stock’s earnings report. For a stock that reports earnings in the morning before the open, its earnings reaction day is that trading day. For a stock that reports earnings after the close, its earnings reaction day is the following trading day.)
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/stocks-reacting-positively-to-earnings-2/
