How did RVSB's Q3 2024 earnings surprise impact short-term trading strategies?

The positive impact of RVSB's Q3 2024 earnings surprise on short-term trading strategies can be inferred from the broader market behavior following earnings beats. Historically, earnings beat expectations have led to positive market movements, with the maximum return observed being 2.94% over the backtested period. This suggests that RVSB's earnings beat could have potentially led to short-term trading opportunities, although the actual return would depend on various market factors at the time of the event.