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The backtest results indicate that FDS shows strong positive performance after missing earnings expectations, with win rates reaching 100% at 10 and 30 days and returns increasing up to 6.66% over 30 days. This demonstrates a pronounced market rebound following an initial negative reaction to FDS earnings misses. In contrast, the broader capital markets industry shows negligible impact from earnings misses, with minimal returns and no clear trends, suggesting sector-wide resilience or efficient pricing. Investors may find opportunities in purchasing FDS shares shortly after earnings misses to benefit from the subsequent recovery, while such events in the industry as a whole appear less actionable.