The backtest results for MTB following earnings beats show mixed short-term performance with a 50% win rate and slight negative 3-day returns. Over 10 days, the win rate drops to 16.67% with a -3.84% return, but improves to a 66.67% win rate and a smaller negative return of -1.26% over 30 days. The maximum return observed was 1.51% on day 27. This suggests that while immediate gains are limited, there is potential for moderate recovery or gains in the longer term. Investors should consider a cautious approach with a focus on longer holding periods post-earnings beat.

backtest_data

The backtest results show that MTB consistently achieved a 100% win rate across 3-day, 10-day, and 30-day periods following an earnings miss, with returns increasing from 0.10% at 3 days to 14.11% at 30 days. This indicates a strong positive price reaction despite the earnings miss, with the maximum return of 10.53% occurring on day 58. The analysis suggests that MTB's stock price tends to rebound and gain significantly after an earnings miss. Investors might consider this pattern as an opportunity to hold or buy MTB shares post-earnings miss for potential gains.

The backtest results show that the Banks Industry experienced a negative impact following earnings beats, with a maximum return of only 0.63% occurring 59 days after the event. This suggests that despite positive earnings surprises, the sector did not capitalize on these events with significant gains. The analysis indicates a weak or muted market reaction to earnings beats within this industry over the tested period. Investors should be cautious about expecting strong positive returns from Banks stocks solely based on earnings beats, as the historical data points to limited upside.

The backtest results show that when the Banks Industry misses earnings expectations, the impact is consistently negative with a maximum return decline of 0.26% on the event day. This indicates a weak immediate market reaction to earnings misses within this sector. The analysis suggests that earnings misses in the Banks Industry lead to slight but consistent negative price movements. Investors should be cautious and consider defensive strategies when banks report earnings below expectations, as the sector tends to underperform in such scenarios.

Backtest MTB Earning Beats Expectations

Find all upcoming company earnings reports scheduled for jul 16 2027. Get details on which companies are reporting and their expected results.

Calendar