The backtest results show that XOM has a 66.67% win rate within 3 days and a 58.33% win rate over both 10 and 30 days following an earnings beat, with returns of 0.48%, 0.45%, and 1.28% respectively. This indicates a moderately positive price reaction to earnings beats, though the effect slightly diminishes over time. Investors might consider a short to medium-term holding strategy post-earnings beat to capitalize on the initial positive momentum in XOM's stock price.

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The backtest results show that the Oil, Gas & Consumable Fuels industry experienced no significant impact following earnings beats, with a maximum return of only 0.83% observed 46 days after the event. This indicates that earnings beats in this sector do not translate into meaningful price movements or investor gains over the tested period.

The lack of a strong response suggests that other factors may drive stock performance in this industry more than earnings surprises.

Investors should be cautious about relying solely on earnings beats as a signal for trading opportunities in this sector.

Backtest XOM Earning Beats

Find all upcoming company earnings reports scheduled for jan 30 2026. Get details on which companies are reporting and their expected results.

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