How did EXC's Q1 2024 earnings surprise impact short-term trading?

Earnings beat expectations for EXC in Q1 2024 had a mixed impact on short-term trading. While the 3-day win rate was 50%, indicating a neutral performance in the immediate aftermath of the earnings release, the 10-day win rate was also 50%, suggesting that investors' sentiment remained relatively stable in the following week. However, the 30-day win rate was 75%, indicating that longer-term investors may have seen positive returns from the earnings surprise. The maximum return observed following the earnings release was 6.48%, which was recorded on day 62 after the earnings release, suggesting that while the immediate reaction to the earnings beat was muted, there was still potential for gains in the weeks following the release.