The backtest for FERG following earnings beats reveals a 4.70% average return over 30 days, with a 60% win rate in that period. The 10-day win rate stands out at 80%, while shorter-term gains remain moderate.

This result suggests FERG typically responds positively to earnings beats, especially in the medium term, although gains are less consistent when holding for a full month. The strong 10-day win rate may point to a tendency for initial momentum post-earnings.

Investors might benefit from short- to medium-term positions in FERG after an earnings beat, focusing on the first 10 days.

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The backtest shows that when the Trading Companies & Distributors Industry stocks beat earnings expectations, there was no observable impact on performance during the analyzed period.

This lack of response suggests that earnings surprises in this industry do not translate into notable post-event stock returns, as the maximum gain recorded was just 2.19% on day 56.

For investors, this indicates that reacting to earnings beats within this industry is unlikely to provide significant opportunities for excess return.

Backtest FERG Earning Beats

Find all upcoming company earnings reports scheduled for jun 03 2025. Get details on which companies are reporting and their expected results.

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