The backtest results for FNGR following earnings beats show poor performance, with a 0% win rate at 3 and 30 days and a negative 30-day return of -22.86%. The maximum return observed was only 3.35%, indicating limited upside potential. This suggests that FNGR does not consistently benefit from earnings beats in the tested periods.

The data implies that earnings beats for FNGR may not be a reliable indicator of positive price movement, possibly due to other overriding factors affecting the stock.

Investors should exercise caution and not rely solely on earnings beats when considering FNGR for short- to medium-term trades.

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The backtest results show that FNGR experienced consistently negative returns following earnings misses, with a 0% win rate over 3 days and only 33.33% over 30 days, alongside a significant 30-day average return decline of -16.38%. This indicates a strong adverse market reaction to earnings misses for FNGR, with losses deepening over time. Investors should be cautious with FNGR around earnings misses, as the data suggests a high probability of sustained negative performance in the following month.

The backtest results show that the Wireless Telecommunication Services Industry experienced no significant impact following earnings beats, with a maximum return of 4.57% occurring 11 days after the event. This indicates that earnings beats in this sector do not consistently translate into strong price movements. Consequently, investors should be cautious about expecting immediate or substantial gains solely based on earnings beats in this industry. Instead, a more comprehensive analysis of other factors may be necessary to inform investment decisions in this sector.

The backtest results show that earnings misses in the Wireless Telecommunication Services Industry had no significant impact on the sector's stock performance, with a maximum return of only 3.60% observed 19 days after the event. This indicates that the market does not strongly react to earnings misses within this industry over the tested period.

The lack of notable price movement suggests that other factors may be more influential in driving stock returns in this sector.

Investors might consider that earnings misses alone are not reliable signals for trading decisions in the Wireless Telecommunication Services Industry.

Backtest FNGR Earning Beats Expectations

Find all upcoming company earnings reports scheduled for jan 17 2026. Get details on which companies are reporting and their expected results.

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