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positive_eps_streak on Warner Bros. Discovery, Inc. (WBD)

SIC 4841 — Cable & Other Pay Television Services · CIK 1437107 · default direction: long

Definition

Fires on companies with consecutive years of positive earnings — quality compounder candidates. Surfaces stable franchises with earnings durability, not speculative growth.

Every time the signal fired on WBD

FYFiling dateEvent date1d5d20d60d252d
FY20212022-02-242022-02-24+1.84%+3.43%-2.20%-36.03%-42.52%
FY20202021-02-222021-02-22-4.23%+5.23%+35.02%-39.75%-45.99%
FY20162017-02-142017-02-14-0.14%+3.43%-1.86%-7.71%-16.47%
FY20152016-02-182016-02-18-1.05%-2.89%+13.58%+9.21%+11.51%
FY20142015-02-192015-02-19-0.55%+4.34%+2.32%+2.12%-18.49%
FY20132014-02-202014-02-20+0.46%-0.36%+1.53%-10.57%-26.57%
FY20122013-02-192013-02-19-1.36%+0.47%+10.12%+12.35%+14.88%
FY20112012-02-172012-02-17-1.35%-1.46%+6.35%+12.41%+51.95%
FY20102011-02-182011-02-18-2.30%-1.82%-9.00%-0.16%+1.59%

Forward returns are stock returns from event date (next trading day after filing). Sign is raw stock direction; the trade direction is in the calibration table below.

Universe-wide calibration (this signal across all companies)

Horizonn eventsGross stock retHit rateTrade dirNet PnLCost (bps)r/σ net
1d21,256+0.05%+49.53%long-0.16%22-0.04
5d21,258+0.10%+50.10%long-0.10%22-0.00
20d21,218-0.80%+49.80%long-1.03%22-0.04
60d19,852+1.64%+54.15%long+1.48%22+0.04
252d19,501+13.65%+64.44%long+13.47%22+0.27

Net PnL is direction × stock return − round-trip execution cost (5 bps half-spread + ADV-tiered borrow). See positive_eps_streak methodology for the full audit.


Data: /api/company/1437107/financials