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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 Closelook’s systems under this site’s editorial policy.

All entries  ·  Methodology  ·  How is this calculated?  ·  Why does PEAD work?

Latest PEAD cards

  1. Earnings drift AH · Sep 14, 11:00 PM

    LULU PEAD continuation: T+3 ↓SHORT confirmed at T+5 (CAR -17.46%)

    T+3 said ↓SHORT at -16.59% CAR; T+5 extends to -17.46%. Drift survived the classical post-earnings window.

  2. Earnings drift AH · Sep 14, 11:00 PM

    ZS PEAD continuation: T+3 ↓SHORT confirmed at T+5 (CAR -4.63%)

    T+3 said ↓SHORT at -3.48% CAR; T+5 extends to -4.63%. Drift survived the classical post-earnings window.

    Tagged ZSNASDAQ
  3. Earnings drift AH · Sep 14, 08:31 PM

    AVAV · PEAD ↑ 18

    AeroVironment reported Q1 FY2027 EPS of $0.59 on 2026-09-09, beating the $0.22 consensus by $0.37 (+168.2%).

  4. Earnings drift Europe session · Sep 14, 11:31 AM

    ORCL · PEAD ↓ 26

    Oracle reported Q1 FY2027 EPS of $1.92 on 2026-09-08, beating the $1.40 consensus by $0.52 (+37.1%).

    Tagged ORCLADBEAAPLAW25NASDAQUS
  5. Earnings drift AH · Sep 9, 11:00 PM

    CRDO PEAD continuation: T+3 ↓SHORT confirmed at T+5 (CAR -25.16%)

    T+3 said ↓SHORT at -25% CAR; T+5 extends to -25.16%. Drift survived the classical post-earnings window.

  6. Earnings drift AH · Sep 9, 11:00 PM

    DELL PEAD continuation: T+3 ↑LONG confirmed at T+5 (CAR +17.98%)

    T+3 said ↑LONG at +14.53% CAR; T+5 extends to +17.98%. Drift survived the classical post-earnings window.

  7. Earnings drift AH · Sep 9, 11:00 PM

    MDB PEAD continuation: T+3 ↓SHORT confirmed at T+5 (CAR -20.35%)

    T+3 said ↓SHORT at -19.08% CAR; T+5 extends to -20.35%. Drift survived the classical post-earnings window.

    Tagged MDBNASDAQ
  8. Earnings drift AH · Sep 9, 09:01 PM

    ZS · PEAD ↓ 15

    Zscaler reported Q4 FY2026 EPS of $0.14 on 2026-09-03, beating the $0.06 consensus by $0.08 (+133.3%).

    Tagged ZSADBEAMATAMDAVGOCDNSNASDAQUS
  9. Earnings drift AH · Sep 9, 09:01 PM

    PATH · PEAD ↓ 80

    UiPath reported Q2 FY2027 EPS of $0.09 on 2026-09-03, beating the $0.04 consensus by $0.05 (+125%), though no prior-year comparable is available in our feed.

  10. Earnings drift AH · Sep 9, 08:31 PM

    LULU · PEAD ↓ 80

    Lululemon reported Q2 FY2026 EPS of $2.06 on 2026-09-03 (after market close), beating the $1.79 consensus by $0.27 (+15.1%).

  11. Earnings drift AH · Sep 9, 08:31 PM

    IOT · PEAD ↑ 34

    Samsara reported Q2 FY2027 EPS of $0.03 on 2026-09-03, beating the $0.02 consensus by $0.01 (+50.0%).

    Tagged IOTCRMAPPADBEAMZNAAPLAW25US
  12. Earnings drift AH · Sep 9, 08:31 PM

    CPRT · PEAD → 0

    Copart reported Q1 FY2027 results on 2026-09-03 (after market close); consensus EPS was $0.39 — actual not yet in our feed.

  13. Earnings drift AH · Sep 9, 08:31 PM

    SECT-B.ST · PEAD → 0

    Sectra reported Q1 FY2027 EPS of 0.82 on 2026-09-04, beating the 0.69 consensus by 0.13 (+18.8%); prior-year EPS not available in our feed.

  14. Earnings drift AH · Sep 8, 08:31 PM

    HPE · PEAD ↑ 100

    Hewlett Packard Enterprise reported Q3 FY2026 EPS of $1.02 on 2026-09-02, beating the $0.82 consensus by $0.20 (+24.4%).

  15. Earnings drift AH · Sep 8, 08:31 PM

    AVGO · PEAD → 0

    Broadcom reported Q3 FY2026 EPS of $3.03 on 2026-09-02, beating the $2.83 consensus by $0.20 (+7.07%).

    Tagged AVGO000660.KS005930.KS2317.TWRUBINNASDAQUS
  16. Earnings drift Europe session · Sep 7, 11:32 AM

    PANW · PEAD ↓ 80

    Palo Alto Networks reported Q4 FY2026 EPS of $0.53 on 2026-09-01, beating the $0.51 consensus by $0.02 (+3.9%); year-over-year comparison is not available in the current data feed.

    Tagged PANWAMATAMDAVGOCDNSNASDAQUS
  17. Earnings drift Europe session · Sep 7, 11:31 AM

    MDB · PEAD ↓ 100

    MongoDB reported Q2 FY2027 EPS of $0.54 on 2026-09-01, beating the $0.08 consensus by $0.46 (+575%) — yet the print-day tape told a different story entirely.

    Tagged MDBADBEADSKAMDAVGOCDNSAMATNASDAQUS
  18. Earnings drift Europe session · Sep 7, 11:31 AM

    DELL · PEAD ↑ 80

    Dell Technologies reported Q2 FY2027 EPS of $6.76 on 2026-09-01, beating the $4.72 consensus by $2.04 (+43.2%).

  19. Earnings drift Europe session · Sep 7, 11:31 AM

    CRDO · PEAD ↓ 80

    Credo Technology reported Q1 FY2027 EPS of $0.78 on 2026-09-01, missing the $0.93 consensus by $0.15 (-16.1%).

  20. Earnings drift AH · Sep 3, 11:00 PM

    MRVL PEAD continuation: T+3 ↓SHORT confirmed at T+5 (CAR -15.73%)

    T+3 said ↓SHORT at -13.59% CAR; T+5 extends to -15.73%. Drift survived the classical post-earnings window.

    Tagged MRVLRUBINNASDAQ

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.