Backtest
The backtest results indicate that AXP shows a strong positive performance following earnings beats, with an 81.82% win rate and an average 4.71% return over 30 days. Short-term returns are also positive but more modest. In contrast, the Consumer Finance industry overall does not exhibit significant price movements after earnings beats, with a slight negative return observed.
This suggests that AXP's stock reacts more favorably to earnings beats than its broader industry peers, highlighting company-specific factors driving performance. Investors may find value in holding AXP shares post-earnings beat to capture these gains, while exercising caution with broader industry plays based solely on earnings surprises.