How did RCL's Q1 2024 earnings surprise impact short-term trading?
4/8/2025 02:28pm
RCL's Q1 2024 earnings surprise had a positive impact on short-term trading, as evidenced by the backtest results. The 3-Day win rate was 41.67%, the 10-Day win rate was 75.00%, and the 30-Day win rate was 75.00%, indicating that the stock performed well in the immediate aftermath of the earnings release. The maximum return observed was 22.44% over 30 days, suggesting that there was significant price appreciation in the short term following the earnings beat expectations.