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Penford Corporation (NASDAQ:PENX) is due to issue its quarterly earnings report after the close today. We track how stocks react to earnings events in the after-hours and look for patterns that develop where stocks may add to their after-hours movement or reverse direction in the following regular session. The "Effective Close" is defined as the extended-hours session closing price change relative to the prior regular session 4 p.m. EST close following an earnings release.

Last 12 Qtrs Positive and Negative Price Reactions

Same: 72.7% of the time (8 out of 11 times) this stock followed through in the same direction by the close of the next day's regular session compared to the Extended Hours "effective close." When it followed through, the price closed further in the same direction on average by 9.9% (in 8 events) from the "effective close."

Reverse: 27.3% of the time (3 out of 11 times) this stock reversed in the opposite direction by the close of the next day's regular session compared to the Extended Hours "effective close." When it reversed, the price closed in the opposite direction on average by 5.6% (in 3 events) from the "effective close."

Last 12 Qtrs Positive Only Price Reactions

Same: 77.8% of the time (7 out of 9 times) this stock followed through in the same direction by the close of the next day's regular session compared to the Extended Hours "effective close." When it followed through, the price closed further in the same direction on average by 9.7% (in 7 events) from the "effective close."

Reverse: 22.2% of the time (2 out of 9 times) this stock reversed in the opposite direction by the close of the next day's regular session compared to the Extended Hours "effective close." When it reversed, the price closed in the opposite direction on average by 8.4% (in 2 events) from the "effective close."

Last 12 Qtrs Negative Only Price Reactions

Same: 50.0% of the time (1 out of 2 times) this stock followed through in the same direction by the close of the next day's regular session compared to the Extended Hours "effective close." When it followed through, the price closed further in the same direction on average by 11.6% (in 1 event) from the "effective close."

Reverse: 50.0% of the time (1 out of 2 times) this stock reversed in the opposite direction by the close of the next day's regular session compared to the Extended Hours "effective close." When it reversed, the price closed in the opposite direction on average by 0.1% (in 1 event) from the "effective close."

Last 4 Qtrs Positive and Negative Price Reactions

Same: 100.0% of the time (3 out of 3 times) this stock followed through in the same direction by the close of the next day's regular session compared to the Extended Hours "effective close." When it followed through, the price closed further in the same direction on average by 4.6% (in 3 events) from the "effective close."

Reverse: 0.0% of the time (0 out of 3 times) this stock reversed in the opposite direction by the close of the next day's regular session compared to the Extended Hours "effective close." When it reversed, the price closed in the opposite direction on average by 0.0% (in 0 events) from the "effective close."

Last 4 Qtrs Positive Only Price Reactions

Same: 100.0% of the time (3 out of 3 times) this stock followed through in the same direction by the close of the next day's regular session compared to the Extended Hours "effective close." When it followed through, the price closed further in the same direction on average by 4.6% (in 3 events) from the "effective close."

Reverse: 0.0% of the time (0 out of 3 times) this stock reversed in the opposite direction by the close of the next day's regular session compared to the Extended Hours "effective close." When it reversed, the price closed in the opposite direction on average by 0.0% (in 0 events) from the "effective close."

Last 4 Qtrs Negative Only Price Reactions

Same: There are no data for this stock in this direction.

Reverse: There are no data for this stock in this direction.

Source: Trade the Earnings: How Will Penford Stock React After Results Release?