Post-earnings announcement drift (PEAD) is one of the best-documented effects in finance: stocks that react strongly to earnings tend to keep moving in the same direction for weeks. This screen lists stocks on European exchanges that gapped up more than 3% on the report day or the day after within the last 20 business days, and today still close above the report-day close and low and above the 20-day moving average. These are earnings winners that the market keeps buying.
