How did LAW's Q4 2024 earnings surprise impact its stock?
4/8/2025 01:22pm
CS Disco's (LAW) Q4 2024 earnings surprise had a generally negative impact on its stock, with the exception of a slight positive movement following the earnings release. Here's a detailed analysis:
1. **Earnings Surprise**: The earnings surprise for LAW in Q4 2024 was $0.01, which is a relatively small positive figure.
|code|Ticker|Name|Date|Estimate EPS YoY|Estimate Revenue YoY|market_code|
|---|---|---|---|---|---|---|
|LAW|LAW.N|CS Disco|20240331|53.846153846153854|12.583201267828843|169|
|LAW|LAW.N|CS Disco|20240630|55.00000000000001|10.796515245799625|169|
|LAW|LAW.N|CS Disco|20240930|18.181818181818183|5.887496356747304|169|
|LAW|LAW.N|CS Disco|20241231|11.111111111111107|6.144612746498999|169|
2. **Stock Performance Post Earnings Release**:
- The stock experienced a decrease of 0.85% on October 1, 2024, immediately following the earnings release.
- There was little movement in the stock, with a 0% change on October 10, 2024.
- The stock then saw a slight positive movement, increasing by 0.17% on October 21, 2024.
- LAW's stock then experienced a decline, decreasing by 1.49% on October 30, 2024.
- The stock continued to fluctuate, decreasing by 1.66% on November 8, 2024, and then decreasing by 0.55% on November 19, 2024.
- There was a slight positive movement again, with the stock increasing by 0.68% on November 29, 2024.
- The stock ended the period with a decrease of 2.3% on December 31, 2024, but then increased by 0.2% on December 10, 2025.
The Q4 2024 earnings surprise did not appear to have a significant lasting impact on the stock's performance, as the stock's price fluctuated around the earnings release date with no clear trend directly related to the earnings surprise. The slight positive movement following the earnings release may have been a reaction to the positive earnings surprise, but it was not strong enough to indicate a significant long-term impact.