How did LPX's Q1 2024 EPS surprise impact short-term trading?

LPX's Q1 2024 EPS surprise had a positive impact on short-term trading, as evidenced by the backtest results. The 3-Day win rate was 66.67%, the 10-Day win rate was 72.22%, and the 30-Day win rate was 61.11%, indicating that the stock performed well in the immediate aftermath of the earnings release. The maximum return observed was 14.20% over 30 days, suggesting that there was significant price appreciation in the short term following the earnings beat expectations.