Calendar

The backtest reveals that CAG's earnings beats yield a 60% win rate over three days with an average 1.28% return, but performance declines to a 30% win rate and a negative 0.64% return after 30 days. This demonstrates a short-term positive market reaction that diminishes quickly. Meanwhile, the Food Products Industry shows negligible impact from earnings beats, with a maximum 0.89% return two days after the event, indicating limited significance of such beats across the sector. Investors might focus on short-term trades for CAG earnings beats while being cautious about longer-term positions and industry-wide reliance on these signals.