How did TRU's Q1 2024 earnings surprise impact short-term trading?

TRU'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 62.50%, the 10-Day win rate was 56.25%, and the 30-Day win rate was 68.75%, indicating that the stock performed well in the immediate aftermath of the earnings release. The maximum return observed was 4.94% over 30 days, suggesting that there was significant price appreciation in the short term following the earnings beat expectations.