MDA.TO · PEAD ↑ 100

MDA Ltd reported Q1 2026 EPS of $0.38 on 2026-05-07, beating the $0.32 consensus by $0.06 (+18.75%).

Print-day reaction was +6.1% versus the prior close, a decisive gap open and intraday extension that placed the stock well above its pre-earnings range. The overnight gap to the T+1 open added a further +0.5%, signalling no meaningful fade in after-hours or pre-market trading. Over the following two sessions the price drifted an additional +8.3%, a continuation that dwarfed the already strong print-day move. Cumulative abnormal return of +15.7% versus SPY.US firmly places this in PEAD long territory; the documented drift pattern holds the read through 2026-08-04.