The backtest results show that after ExxonMobil (XOM) earnings beats, the stock has a 72.73% win rate over 3 days, which decreases to 45.45% after 30 days, with corresponding returns of 0.99%, 0.89%, and 0.51% for 3, 10, and 30 days respectively. This suggests a strong short-term positive price reaction post-earnings beat, which tends to diminish over time. Investors might benefit from short-term trades following XOM earnings beats but should be cautious about holding positions longer term, as sustained gains appear limited beyond the initial days.

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The backtest results show that earnings beats within the Oil, Gas & Consumable Fuels industry yielded negligible price impact, with a maximum return of only 0.93% occurring 54 days after the event. This indicates that industry stocks do not significantly react to earnings beats on average over the tested period.

The lack of meaningful price movement suggests that earnings beats are not a strong driver for stock performance in this sector.

Investors should consider that earnings beat events in Oil, Gas & Consumable Fuels provide limited actionable signals for trading or investment decisions.

The backtest results show a clear positive impact on the Trading Companies and Distributors industry and a negative effect on Chemical Products over a prolonged period following Exxon Mobil's earnings beat. This suggests that a stronger energy sector benefits distributors linked to this area while pressuring chemical producers sensitive to feedstock cost increases. The findings emphasize how earnings surprises from major energy firms can create divergent sector shifts.

This outcome reveals the interconnectedness of energy earnings and related industries, highlighting differential sector sensitivities to price and demand changes.

Investors should consider increasing exposure to energy-linked distributors and reducing positions in vulnerable chemical sectors after positive energy earnings surprises.

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Backtest XOM Earning Beats

Find all upcoming company earnings reports scheduled for aug 01 2025. Get details on which companies are reporting and their expected results.

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