How did SJM's Q4 2024 earnings surprise impact short-term trading?

SJM's Q4 2024 earnings beat expectations had a generally positive impact on short-term trading, though the effects varied by time frame and individual performance. 1. **3-Day Win Rate and Return**: Following the earnings release, the 3-day win rate was 31.58%, indicating that approximately one-third of the time, the stock price increased within 3 days. The average 3-day return was 0.03%, suggesting small, modest gains in the short term. 2. **10-Day Win Rate and Return**: The 10-day win rate was higher at 42.11%, with an average 10-day return of -0.58%. This shows a slightly better performance than the 3-day period, with a higher probability of positive returns, but with some minor losses. 3. **30-Day Win Rate and Return**: Over the longer 30-day period, the win rate increased to 52.63%, with an average return of -0.34%. This indicates a higher probability of positive returns compared to the 10-day window, although the returns are still slightly negative. 4. **Maximum Return**: The maximum return observed following the earnings beat was 0.99%, which occurred on day 50. This suggests that while the stock had a higher probability of increasing in value over the short term, the gains were relatively modest. In conclusion, SJM's Q4 2024 earnings beat had a positive inclination on short-term trading, with higher win rates and returns observed over longer time frames. However, the overall returns were relatively modest, with the maximum return being only 0.99% over the 30-day period.