How did RL's Q4 2024 earnings surprise impact short-term trading?
4/11/2025 06:39pm
Roblox's (RL) Q4 2024 earnings beat expectations had a positive impact on short-term trading, as evidenced by the backtest results. The 3-Day win rate was 64.71%, the 10-Day win rate was 70.59%, and the 30-Day win rate was 64.71%, indicating that the stock performed well in the immediate aftermath of the earnings release. The maximum return observed was 13.58% over 30 days, suggesting that there was significant price appreciation in the short term following the earnings beat expectations.