The backtest results reveal that JEF shows a 66.67% win rate in both 3-day and 10-day periods following earnings beats, with average returns of 2.15% and 1.95% respectively. However, the 30-day win rate drops to 50%, accompanied by a slight negative return of -0.94%. This pattern indicates strong short-term positive momentum that weakens over the longer term after earnings surprises.

The findings suggest that immediate gains are more reliable post-earnings beat, but holding beyond ten days may entail risk. Investors might benefit from capitalizing on short-term price strength rather than long-term positions after positive earnings surprises.

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The backtest results show that the Capital Markets Industry does not exhibit significant price movement following earnings beats, with a maximum return of just 0.56% on the event day. This outcome suggests that earnings beats in this sector do not translate into meaningful short-term gains for investors. Consequently, market participants should be cautious about expecting immediate returns solely based on earnings beats in the Capital Markets Industry, as the event appears to have limited impact on stock performance within this timeframe.

Backtest JEF Earnings Beats Expectations

Find all upcoming company earnings reports scheduled for sep 29 2025. Get details on which companies are reporting and their expected results.

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