AMD · PEAD → 23
AMD reported Q2 2026 EPS of $1.44 on 2026-08-04, beating the $1.35 consensus by $0.09 (+6.7%).
AMD reported Q2 2026 EPS of $1.44 on 2026-08-04, beating the $1.35 consensus by $0.09 (+6.7%).
Print-day reaction was a sharp +7.0% from the prior close, as the market rewarded the consensus beat with a decisive gap-up open and follow-through into the close. The overnight gap from T+0 close to T+1 open reversed course, fading -6.6% and erasing a substantial portion of the initial gain. Over the subsequent two trading days (T+1 close through T+3 close), price drifted a marginal +0.3%, offering no meaningful continuation in either direction. Cumulative abnormal return of -2.3% versus SPY.US sits inside the ±3% neutral band, yielding a PEAD verdict of none with conviction 23; the pattern is inconclusive through the holding window ending 2026-10-30.