How did HYFM's Q1 2024 EPS surprise impact its stock?

Hydrofarm's (HYFM) Q1 2024 EPS surprise of -0.09, resulting in a 26.05% increase in the stock price to $2.71, indicates that the market may have had concerns about the company's financial performance, which was subsequently alleviated as the earnings report was disclosed.

|code|Ticker|Name|Date|EPS Surprise YoY|EPS Surprise|market_code|
|---|---|---|---|---|---|---|
|HYFM|HYFM.O|Hydrofarm|20230630|47.368421052631575|-0.1|186|
|HYFM|HYFM.O|Hydrofarm|20230930|-2799.9999999999995|-0.29|186|
|HYFM|HYFM.O|Hydrofarm|20231231||-0.14|186|
|HYFM|HYFM.O|Hydrofarm|20240331|-12.499999999999993|-0.09|186|

|code|Ticker|Name|Date|Percentage Change|market_code|
|---|---|---|---|---|---|
|HYFM|HYFM.O|Hydrofarm|20230405|-8.6538|186|