How did PBPB's Q1 2024 EPS surprise impact short-term traders?

**Potbelly's (PBPB) Q1 2024 EPS surprise had a mixed impact on short-term traders.** 1. **Positive Aspects**: The EPS surprise of $0.02 for Q1 2024 was a positive indicator for the company's financial performance. This could have led some traders to view the stock more favorably, potentially increasing their confidence in Potbelly's short-term prospects. |code|Ticker|Name|Date|EPS Surprise YoY|EPS Surprise|market_code| |---|---|---|---|---|---|---| |PBPB|PBPB.O|Potbelly|20230630|-100|0|185| |PBPB|PBPB.O|Potbelly|20230930|166.66666666666669|0.04|185| |PBPB|PBPB.O|Potbelly|20231231|75|-0.01|185| |PBPB|PBPB.O|Potbelly|20240331|300|0.02|185| 2. **Negative Aspects**: However, the surprise was relatively small, which might not have been significant enough to drive a strong immediate reaction from traders. Additionally, the surprise could have been overshadowed by other factors such as the company's expansion plans or the broader market conditions. 3. **Market Reaction**: The stock's reaction to the earnings report would be a better indicator of how traders viewed the EPS surprise. Unfortunately, the provided references do not include information about the immediate market reaction to the earnings report for Q1 2024. In conclusion, while the EPS surprise could have had a slight positive impact on short-term traders, it is difficult to gauge the extent without considering the broader market context and the company's other recent developments.