The backtest results for CFG following earnings beats show mixed short-term performance with a 50% win rate and minimal 0.02% return over 3 days, declining over 10 days with a negative return and low win rate. However, the 30-day period reveals a stronger positive trend with a 75% win rate and a 2.28% average return, peaking at 3.08% on day 50. This suggests that while immediate reactions are uncertain, holding CFG longer post-earnings beat may yield favorable returns. Investors might consider a longer-term position to capitalize on delayed positive momentum.

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The backtest results show that CFG stock had a 100% win rate with a 0.82% return over 3 days following an earnings miss, but experienced negative returns of -4.07% and -12.18% over 10 and 30 days respectively. This indicates a short-term positive reaction that quickly reverses into significant losses in the medium term. The initial bounce may reflect market overreaction or short-term trading dynamics, while the longer-term decline suggests fundamental concerns. Investors should be cautious holding CFG beyond a few days after an earnings miss due to the risk of sustained negative performance.

The backtest results show that the Banks Industry experiences a positive impact following earnings beats, with a maximum return of 3.10% occurring around day 59. This indicates a moderate but sustained gain over the medium term after the event. The analysis suggests that earnings beats serve as a reliable signal for upward movement in the Banks sector, though the magnitude is modest. Investors might consider maintaining positions in bank stocks for at least two months post-earnings beat to capitalize on this positive trend.

The backtest results show that when the Banks Industry misses earnings expectations, there is no significant impact on the industry’s stock returns, with a maximum return of only 2.07% observed 59 days after the event. This suggests that earnings misses in this sector do not strongly influence market performance over the tested period.

The lack of notable reaction indicates market resilience or other overriding factors mitigating the effect of earnings misses in banks.

Investors might consider that earnings misses in the Banks Industry do not necessarily signal immediate investment risks or opportunities.

Backtest CFG Earnings Beats Expectations

Find all upcoming company earnings reports scheduled for oct 15 2027. Get details on which companies are reporting and their expected results.

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