Backtest
The backtest results indicate that URBN's earnings beats lead to modest short-term gains but stronger medium-term returns, with a 60% win rate and 5.88% average return over 30 days. In contrast, the Specialty Retail Industry shows negligible price impact from earnings beats, with returns peaking at only 0.90% within nine days. This suggests that URBN's earnings surprises have a more pronounced effect on its stock than on the broader industry. Investors may benefit from holding URBN shares longer post-earnings to capture delayed positive market reactions.
