Citations: Lys, Thomas, Leonard Soffer. 1999. A Closer Look at Post Earnings Announcement Drift: The Role of the Dissemination of Predictable Information. Contemporary Accounting Review. (2)305-331.

CrowdStrike's 9.3% post-earnings dip is seen as noise, as its Q4 earnings release was nothing but stellar. See why I remain ...

Companies in the target group also experienced a sizeable post-announcement drift. In the weeks following earnings surprises, firms in the target group experienced returns that were about twice ...