How did QRVO's Q4 2024 EPS surprise impact short-term trading?
4/5/2025 02:17pm
Qorvo's (QRVO) Q4 2024 EPS surprise had a generally negative impact on short-term trading, as evidenced by the backtest results. The 3-Day win rate was 31.58%, the 10-Day win rate was 36.84%, and the 30-Day win rate was 47.37%, indicating that the stock was more likely to perform poorly in the short term following the earnings beat announcement. The maximum return observed was only 3.35% over 30 days, suggesting that investors may have been cautious or disappointed by the news.