TIETO.HE · PEAD ↑ 47

Tietoevry reported Q2 2026 EPS of €0.32 on 2026-07-22, missing the €0.35 consensus by €0.03 (-8.6%).

Print-day reaction was a muted +0.2% versus the prior close, suggesting the market absorbed the EPS miss without a sharp re-rating. Overnight, the stock gapped down -1.1% into the T+1 open, indicating some residual selling pressure after hours. Over the following two trading sessions, the stock reversed course and drifted +3.4%, more than recovering the overnight give-back and eclipsing the initial print-day move. Cumulative abnormal return of +3.2% versus SPY.US — which itself fell -1.2% over the same window — places this in PEAD long territory; the documented drift pattern holds through 2026-10-19.