ALFA.ST · PEAD ↑ 51

Alfa Laval reported Q2 2026 EPS of 4.91 on 2026-07-21, missing the 5.43 consensus by 0.52 (-9.6%).

Print-day reaction was +1.5% versus the prior close, a modest gain despite the EPS miss — suggesting the market had already discounted softer numbers. The overnight gap to the next open added a further +0.2%, indicating no after-hours fade. Over the following two trading sessions the stock drifted an additional +0.4%, extending the move without giving back the initial gain. Cumulative abnormal return of +3.6% versus SPY.US — which lost 0.4% over the same window — places this in PEAD long territory; the documented drift pattern holds through 2026-10-16.