How did GO's Q1 2024 EPS surprise impact short-term trading?

GO's Q1 2024 EPS surprise had a mixed impact on short-term trading. While the 3-Day win rate and 10-Day win rate were both 37.50%, indicating a moderate likelihood of positive returns in the short term, the 30-Day win rate was higher at 50.00%. This suggests that while the immediate reaction to the earnings beat expectations was positive, with a maximum return of 1.32% over 3 days, the longer-term performance was slightly negative, with a return of -2.15% over 30 days. Overall, the results indicate that while the earnings surprise had the potential to drive short-term gains, the duration of the positive momentum was relatively short.