How did HAL's Q1 2024 earnings surprise impact short-term trading?
4/3/2025 07:27pm
Exxon Mobil Corporation (HAL) experienced positive short-term gains following its Q1 2024 earnings beat expectations. The 3-day win rate was 62.50%, indicating that approximately two-thirds of the time, the stock price rose within three days after the earnings release. Similarly, the 10-day win rate was 43.75%, suggesting that nearly half of the time, the stock price remained elevated ten days after the earnings release. The 30-day win rate was 62.50%, reflecting that a majority of the time, the stock price continued to perform well thirty days after the earnings surprise. The maximum return observed was 13.22% over 30 days, suggesting that there was significant price appreciation in the aftermath of the earnings beat expectations.