Believe it or not, earnings season begins next Monday already with Alcoa (AA) kicking things off after the close. As we do prior to the start of each earnings season, below is our list of the most volatile stocks on earnings. The information below is pulled from our earnings report database which contains historical quarterly earnings information for nearly all U.S. stocks going back to 2001. For each stock in the database, we calculated its average +/- percentage change (absolute % change) on earnings reaction days. For stocks that report in the morning pre-open, that day’s trading is its earnings reaction day. For stocks that report after the close, the next day of trading is its earnings reaction day.
As shown below, ANGI ranks at the top of the list with an average change of +/-16.33% on its earnings reaction days. YELP ranks second at +/-15.5%, followed by BSFT at +/-15.22%. NFLX ranks fourth with an average change of +/-14.25%. NFLX is by far the most widely followed stock listed below, and it almost always experiences violent moves to the upside or downside when it reports earnings.
We’ll be back with more earnings coverage early next week as things start to kick into gear. If you’re looking for more earnings season analysis plus an in-depth earnings season calendar, sign up for one of our subscription offerings today.