How should traders position around PBH's earnings releases?

**Traders should cautiously anticipate PBH's earnings releases**, considering the following strategies: 1. **Expectations and Analysts' Forecasts**: Analysts have shown varying expectations for PBH's earnings. For instance, the expected EPS for the quarter ending 2025Q3 is $1.09, while the previous quarter's EPS exceeded expectations by $0.04. Traders should consider these forecasts when positioning their trades. 2. **Historical Performance Post Earnings**: Historically, PBH's stock has shown positive performance in the short term following earnings releases. The 3-day win rate is 66.67%, and the 10-day win rate is also high at 66.67%. This suggests that the stock tends to perform well immediately after earnings are disclosed. 3. **Risk Management**: Given the near-term supply chain constraints and leverage ratio below the long-term target, traders should be mindful of potential risks related to operational challenges and financial leverage. It may be prudent to hedge positions or adjust exposure based on these factors. 4. **Market Conditions**: Traders should also monitor broader market conditions and consumer health trends, as these can impact PBH's performance. The solid consumption trends in Q4 2024, despite supply chain constraints, indicate a resilient market. In conclusion, traders should approach PBH's earnings releases with optimism, considering the historical performance post-earnings and analysts' forecasts. However, they should remain vigilant to potential risks and market changes that could influence the stock's trajectory.