Happy New Year – 2023!
Investment research, technology, analytics.
As the New Year begins today, we are excited to announce that we have released our latest version of Earnings IQ, our free earnings analytics platform.
Did you ever watch AAPL report earnings, see the stock pop, and wonder whether there is a pattern over time with the stock going up after earnings?
Well we did too, which is why we built Earnings IQ. With the ability to see what companies have earnings pending as well examine the historical trend for stock returns for buying the day before earnings at close and selling 1, 3, and 5 days after earnings at close.
As can be seen from the platform screenshot above, there is clearly a trend with AAPL – so what other stocks might exhibit a consistent trend like this, up or down? We started to ask other questions: is there a trend in EPS surprise that is related to future stock returns after earnings? What is the percentage of wins for 1, 3 and 5 days? What is the average percentage of a win, or a loss?
Earnings IQ was built to answer those questions and more – as we continue to explore and release different reference data patterns research and metrics, and we hope our community finds it as interesting in and valuable as we have!