The backtest results show that D's stock generally underperforms following earnings beats, with low win rates of 37.5% over 3 and 10 days, dropping to 12.5% at 30 days, and negative average returns throughout. This indicates that despite positive earnings surprises, the stock tends to decline in the short to medium term. The analysis suggests that earnings beats for D do not translate into sustained price gains, possibly due to market skepticism or other overriding factors. Investors should be cautious about expecting positive price momentum from D's earnings beats and consider alternative strategies.

backtest_data

The backtest results show that when D's earnings miss expectations, the stock exhibits a 60% win rate over 3 and 30 days, and an 80% win rate over 10 days, with modest positive returns peaking at 3.25% within 24 days. This suggests that despite earnings misses, D often recovers and gains in the medium term. The analysis indicates that investors might consider holding or buying D after earnings misses, as the stock tends to rebound and generate positive returns within a month.

The backtest results show that the Multi-Utilities Industry experienced no significant impact following earnings beat expectations, with a maximum return of -0.12% on the event day. This indicates that earnings beats in this sector do not translate into meaningful price movements. Consequently, the lack of positive price response suggests limited trading opportunities based on earnings surprises in this industry. Investors should consider that earnings beats in the Multi-Utilities sector may not provide a reliable signal for short-term gains or sector rotation strategies.

The backtest results show that earnings misses in the Multi-Utilities Industry have no significant impact on stock returns, with a maximum return of only 2.09% observed within 10 days. This indicates that the market reaction to earnings misses in this sector is muted or neutral over the tested period.

The lack of notable price movement suggests that investors may not view earnings misses as critical negative signals for Multi-Utilities stocks.

Therefore, investors might consider that earnings misses in this industry do not necessarily warrant defensive positioning or aggressive trading adjustments.

Backtest D Earnings Beat and Miss Expectations

Find all upcoming company earnings reports scheduled for feb 23 2026. Get details on which companies are reporting and their expected results.

Calendar