Tape · Category
PEAD — Post-Earnings Announcement Drift
Post-Earnings Announcement Drift cards — the Closelooknet Pattern Engine measures the 3-day cumulative abnormal return after every earnings event in our coverage and classifies the signal as Long, Short, or None with a 0–100 conviction score. Each card publishes 3 trading days post-event, when the reaction window has fully unfolded; the holding window runs T+3 → T+63. See the full Lab Read at /reports/post-earnings-drift/ and the methodology summary at /lab/patterns/pead/.
AI-generated — produced automatically by Closelooknet’s systems under this site’s editorial policy.
Latest PEAD cards
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The feed updates as cards land. Tape generators run weekdays on the cron schedule documented in the methodology.
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Earnings drift Europe session · Oct 27, 01:03 PM
META PEAD T+3: -9.17% cumulative — Meta
Three-day drift: -9.17% cumulative vs pre-print baseline. The PEAD window's tell on whether the print is being absorbed or fought.
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Earnings drift Europe session · Oct 27, 01:03 PM
SAP PEAD T+3: +4.18% cumulative — SAP
Three-day drift: +4.18% cumulative vs pre-print baseline. The PEAD window's tell on whether the print is being absorbed or fought.
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Earnings drift Europe session · Oct 27, 01:03 PM
TSLA PEAD T+3: +4.79% cumulative — TESLA INC
Three-day drift: +4.79% cumulative vs pre-print baseline. The PEAD window's tell on whether the print is being absorbed or fought.
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Earnings drift Europe session · Oct 27, 11:31 AM
YAR.OL · PEAD → 15
Yara International reported Q3 2026 EPS of 8.91 on 2026-10-21, missing the 11.18 consensus by 2.27, a shortfall of –20.3%.
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Earnings drift Europe session · Oct 27, 11:31 AM
NOD.OL · PEAD → 20
Nordic Semi reported Q3 2026 EPS of 1.25 on 2026-10-21, beating the 0.96 consensus by 0.29 (+30.2%).
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Earnings drift AH · Oct 26, 11:00 PM
PAC PEAD continuation: T+3 ↑LONG confirmed at T+5 (CAR +9.91%)
T+3 said ↑LONG at +7.95% CAR; T+5 extends to +9.91%. Drift survived the classical post-earnings window.
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Earnings drift AH · Oct 26, 09:31 PM
WCN · PEAD ↑ 80
Waste Connections reported Q3 2026 EPS of $1.58 on 2026-10-21, beating the $1.52 consensus by $0.06 (+3.9%).
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Earnings drift AH · Oct 26, 09:31 PM
TXN · PEAD ↑ 93
Texas Instruments reported Q3 2026 EPS of $2.62 on 2026-10-21, beating the $2.40 consensus by $0.22 (+9.2%).
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Earnings drift AH · Oct 26, 09:02 PM
TSLA · PEAD ↑ 68
Tesla reported Q3 2026 EPS of $0.20 on 2026-10-21, missing the $0.22 consensus by $0.02 (-9.1%).
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Earnings drift AH · Oct 26, 09:01 PM
TDY · PEAD → 6
Teledyne Technologies reported Q3 2026 EPS of $6.72 on 2026-10-21, beating the $6.15 consensus by $0.57 (+9.3%).
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Earnings drift AH · Oct 26, 09:01 PM
SAP · PEAD ↑ 27
SAP reported Q3 2026 EPS of $2.18 on 2026-10-21, beating the $2.03 consensus by $0.15 (+7.4%).
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Earnings drift AH · Oct 26, 09:01 PM
META · PEAD ↓ 67
Meta reported Q3 2026 EPS of $7.40 on 2026-10-21, beating the $6.52 consensus by $0.88 (+13.5%).
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Earnings drift AH · Oct 26, 08:31 PM
LRCX · PEAD ↓ 74
Lam Research reported Q1 FY2027 EPS of $2.20 on 2026-10-21, beating the $2.17 consensus by $0.03 (+1.4%).
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Earnings drift AH · Oct 26, 08:31 PM
IBM · PEAD ↑ 67
IBM reported Q3 2026 EPS of $2.95 on 2026-10-21, beating the $2.88 consensus by $0.07 (+2.43%).
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Earnings drift AH · Oct 26, 08:31 PM
DSV.CO · PEAD ↑ 80
DSV reported Q3 2026 EPS of DKK 12.60 on 2026-10-21, missing the DKK 16.92 consensus by DKK 4.32 (-25.5%).
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Earnings drift AH · Oct 26, 08:31 PM
CME · PEAD ↑ 63
CME Group reported Q3 2026 EPS of $3.02 on 2026-10-21 (before the open), beating the $2.98 consensus by $0.04 (+1.3%).
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Earnings drift Europe session · Oct 26, 01:02 PM
NFLX PEAD T+3: -5.73% cumulative — Netflix
Three-day drift: -5.73% cumulative vs pre-print baseline. The PEAD window's tell on whether the print is being absorbed or fought.
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Earnings drift AH · Oct 23, 11:00 PM
HDB PEAD continuation: T+3 ↓SHORT confirmed at T+5 (CAR -4.59%)
T+3 said ↓SHORT at -3.82% CAR; T+5 extends to -4.59%. Drift survived the classical post-earnings window.
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Earnings drift AH · Oct 23, 11:00 PM
HDB PEAD continuation: T+3 ↓SHORT confirmed at T+5 (CAR -5.69%)
T+3 said ↓SHORT at -3.82% CAR; T+5 extends to -5.69%. Drift survived the classical post-earnings window.
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Earnings drift AH · Oct 23, 09:01 PM
VICR · PEAD ↓ 48
Vicor reported Q3 2026 EPS of $1.33 on 2026-10-20, missing the $1.39 consensus by $0.06 (-4.3%).
What PEAD cards are
Post-Earnings Announcement Drift is the tendency of a stock to keep moving in the direction of its earnings surprise for weeks after the report. It is one of the longest-documented anomalies in equity markets, first described in academic research in the late 1960s, and it persists because the market digests earnings information gradually rather than instantly.
The Closelooknet Pattern Engine measures it mechanically. Three trading days after every earnings event in our coverage, it computes the cumulative abnormal return (CAR) over the reaction window and classifies the signal as Long, Short, or None with a 0–100 conviction score.
The card publishes at T+3, once the immediate reaction has fully unfolded; the drift window it tracks runs from T+3 to T+63. Follow-up cards mark continuation or invalidation at checkpoints — a T+5 confirmation is the first.
FAQ · from the current data
Quick answers
What is Post-Earnings Announcement Drift (PEAD)?
PEAD is the tendency of a stock to keep drifting in the direction of its earnings surprise for weeks after the report, rather than repricing instantly. It is one of the most persistent documented anomalies in equity markets, known in academic research since the late 1960s.
How does Closelooknet score a PEAD signal?
The Pattern Engine computes the 3-day cumulative abnormal return (CAR) after every covered earnings event and classifies it Long, Short, or None with a 0–100 conviction score. Cards publish 3 trading days after the print; the tracked drift window runs T+3 to T+63, with continuation or invalidation marked at checkpoints along the way.
Where is the full PEAD methodology?
The methodology summary lives on the PEAD pattern page in the Lab, and the full research write-up is the post-earnings drift Lab Read. Signals are research diary readings, not investment advice.