The backtest results show that FAST achieves a positive stock price reaction following earnings beats, with a 3-day win rate of 55.56% increasing to 88.89% over 30 days and a 30-day return of 6.73%. This indicates a strengthening bullish trend as the market digests the earnings news over time. Investors may find it advantageous to hold FAST for up to 30 days post-earnings beat to capture the majority of gains, as the price tends to appreciate steadily after such events.

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The backtest results indicate that earnings beats in the Trading Companies & Distributors industry had no significant impact on stock performance, with a maximum return of only 2.07% occurring on day 59. This suggests that despite frequent positive earnings surprises, the industry's price response remains muted over the tested period.

The lack of a strong price reaction implies that earnings beats may already be priced in or are less relevant for these stocks. Investors should consider this limited impact and potentially focus on other catalysts or broader market conditions when evaluating opportunities in this sector.

Investment strategies relying solely on earnings beats in this industry might expect minimal gains and should seek additional signals for trading decisions.

Backtest FAST Earning Beats Expectations

Find all upcoming company earnings reports scheduled for jul 14 2025. Get details on which companies are reporting and their expected results.

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