The backtest results show that MFG has a 66.67% win rate both at 3 and 30 days post-earnings beat, with a 50% win rate at 10 days. The average returns are modestly positive over 10 and 30 days, reaching 3.45% at 30 days despite a slight negative return in the first 3 days. This indicates a delayed but favorable price reaction to earnings beats. Investors might consider holding MFG for at least a month after an earnings beat to capture the potential gains.

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The backtest results show that MFG consistently achieved a 100% win rate across 3-day, 10-day, and 30-day periods following an earnings miss, with returns of 1.67%, 5.24%, and 6.12% respectively. This indicates a strong positive price reaction despite the earnings disappointment. The maximum return reached 20.27% by day 58, suggesting significant upside potential over time. These findings imply that MFG's stock tends to rebound robustly after earnings misses, offering investors an opportunity to capitalize on post-earnings recovery trends in this specific ticker.

The backtest results show that the Banks Industry experienced a negative impact following earnings beats, with a maximum return of only 0.75% occurring 27 days after the event. This suggests that despite positive earnings surprises, the sector's stock prices did not respond strongly or favorably over the tested period.

The analysis indicates that earnings beats in the Banks Industry do not translate into significant positive price movements, reflecting possible market skepticism or other overriding factors.

Investors should be cautious about expecting strong gains from earnings beats in this sector and consider other indicators for investment decisions.

The backtest results show that when banks in the industry miss earnings expectations, the average maximum return is negative at -0.54%, occurring immediately on the event day. This indicates a consistent adverse market reaction to earnings misses within the banks sector over the tested period.

The negative return magnitude suggests that investors tend to penalize banks quickly and moderately when earnings fall short, reflecting sensitivity to earnings performance in this industry.

For investors, this implies a cautious approach to banks reporting earnings misses, as the sector typically experiences immediate but limited downside.

Backtest MFG Earnings Beat Expectations

Find all upcoming company earnings reports scheduled for feb 02 2026. Get details on which companies are reporting and their expected results.

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