How did AESI's Q2 2024 earnings surprise impact short-term traders?
4/13/2025 02:45pm
AESI's Q2 2024 earnings surprise had a positive impact on short-term traders, as evidenced by the significant gains in the 3-Day, 10-Day, and 30-Day return periods following the earnings release. The backtest results showed that the 3-Day win rate was 100%, the 10-Day win rate was also 100%, and the 30-Day win rate was 100%, indicating that the stock price continued to rise in the short term after the earnings beat expectations. The maximum return observed was 17.91% over 30 days, suggesting that there was significant trading opportunity for short-term investors in the aftermath of the earnings surprise.