The backtest shows that SNX experiences a moderate positive reaction following earnings beats, with a 62.5% win rate over 3 days and 50% win rates over 10 and 30 days. Returns remain modest, peaking shortly after the event. This suggests limited but consistent short-term upside potential after earnings surprises. The results imply that while gains are not large or sustained, investors might capture small quick profits in the immediate days post-announcement. Caution is warranted for longer holds as the win rate and returns stabilize to neutral levels.

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The backtest results indicate that the Professional Services Industry showed no significant price impact following earnings beats, with a maximum return of just 1.17% over a 14-day period. This suggests that earnings beats within this industry do not translate into meaningful stock price movements. Consequently, the data implies that investors should not expect notable gains from positioning based solely on earnings beats in this sector. Investment strategies focused on other indicators or industries might yield better returns than relying on earnings surprises within the Professional Services Industry.

Backtest SNX Earnings Beat Expectations

Find all upcoming company earnings reports scheduled for jun 24 2025. Get details on which companies are reporting and their expected results.

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