Backtest
The backtest results indicate that LMNR tends to underperform following both earnings beats and misses, with negative average returns and low win rates in the short to medium term. This suggests that earnings surprises do not generate positive price momentum for LMNR, possibly due to market skepticism or other factors. Investors should be cautious and not rely solely on earnings beats or misses as indicators for gains or losses in LMNR. Overall, earnings reports for LMNR appear to have limited predictive value for short-term stock performance.
