MDA.TO · PEAD → 43

MDA Ltd reported Q2 2026 EPS of $0.36 on 2026-08-07, beating the $0.34 consensus by $0.02 (+5.9%).

Print-day reaction was a muted +0.23% versus the prior close, suggesting the market absorbed the beat without conviction. The overnight gap to the T+1 open added another +0.15%, pointing to no meaningful directional lean after hours. Over the following two sessions the stock drifted +6.56%, a sharp move upward, yet it followed a volatile path — down sharply on T+1 before recovering strongly through T+3. Cumulative abnormal return of +2.81% versus SPY falls short of the +3% PEAD long threshold, placing this in none territory; the PEAD read runs through 2026-11-04.