The backtest on IDXX following earnings beats shows a moderate 3-day win rate of 53.85% with a short-term average return of 0.28%. However, the 10-day and 30-day win rates decline to 46.15%, with returns fluctuating modestly up to 2.59% at 10 days and only 0.46% at 30 days. This indicates that the positive response to earnings beats is weak and not sustained over longer periods.

This result suggests limited price momentum after earnings surprises, with gains tapering off quickly.

Investors should exercise caution when expecting significant post-earnings gains in IDXX, considering the low reliability of sustained positive returns.

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The backtest results show that when companies within the Health Care Equipment & Supplies Industry beat earnings expectations, there is essentially no significant market impact, with a maximum return of only 1.24% occurring 51 days after the event. This negligible effect suggests that earnings beats in this sector do not translate into meaningful price movements over the studied period.

The analysis indicates that investors should not expect material gains solely based on earnings beats within this industry.

Thus, a cautious approach is advisable, focusing on other factors beyond earnings surprises for investment decisions in this sector.

Backtest IDXX Earning Beats Expectations

Find all upcoming company earnings reports scheduled for aug 04 2025. Get details on which companies are reporting and their expected results.

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