How does NOW's Q3 earnings surprise impact short-term trading?

Nuvei's (NOW) Q3 earnings beat expectations has historically led to positive short-term gains, with 63.16% of days experiencing a return in the first three days after the earnings release. However, the returns diminish over longer time frames, indicating that while there is potential for quick profits, the overall short-term performance is moderate, with the 30-day return being 3.54% and the maximum return during the backtested period being 9.46% over 30 days.