SAAB-B.ST · PEAD → 23

Saab AB reported Q1 2026 EPS of 2.65 on 2026-04-23, beating the 2.36 consensus by 0.29 (+12.3%).

Print-day reaction was +3.8% versus the prior close, a clear positive jolt on the earnings beat. The overnight gap to the T+1 open extended an additional +1.1%, suggesting initial sentiment held into after-hours. Over the following two trading days, however, the stock drifted only +0.8% from the T+1 close, failing to sustain the opening burst. Cumulative abnormal return of +0.8% versus SPY.US sits well inside the ±3% PEAD threshold, yielding a none verdict; the holding window runs through 2026-07-21.