How did PODC's Q4 2024 earnings surprise impact its stock?

PodcastOne (PODC) experienced a slight negative impact on its stock following the release of its Q4 2024 earnings report. The earnings surprise for the quarter was -0.02, indicating that the company's actual earnings were below market expectations. This negative surprise likely contributed to a decline in investor confidence, as reflected by the stock's performance after the earnings release.

However, it's important to note that the stock's performance is influenced by a multitude of factors, and the impact of earnings surprises can vary depending on the company's industry, market conditions, and other factors. In the case of PODC, the stock experienced fluctuations due to various earnings release dates within the quarter, with the highest percentage change of 3.12% following the earnings release on July 16, 2024. This suggests that while the Q4 2024 earnings surprise may have had an initial negative effect, other factors could have influenced the stock's performance in the period following the earnings release.