Rio Tinto ADR (RIO) Earnings

68.14 ↑1.50 (2.25%)
As of April 24, 2024, 3:59pm EST.
Last earnings report date: 0000-00-00Next earnings report date: N/A

Should You Buy RIO Before Earnings?

Based on the last three years of earnings reports, buying RIO stock within four weeks before its earnings date yielded an average return of 0.86%.

The best time to buy before earnings was 21 days before, which yielded an average return of 2.13% by the earnings date. The worst time was 1 day before, which yielded an average return of 0.21%.

Report dates analyzed: Jul 28 2021 - Apr 18 2024*

Disclaimer: Past performances is not a guarantee of future results.

Should You Buy RIO After Earnings?

Based on the last three years of earnings reports, on average, RIO has gone down -3.37% shortly after its earnings date. The stock bottoms around 21 day after earnings, where it is on average -6.47% lower than its closing price on the day of earnings.

Since RIO has typically gone down after earnings, it might be a good time to buy the dip if you believe in the stock long-term.

Report dates analyzed: Jun 30 2021 - Feb 28 2024*

Disclaimer: Past performances is not a guarantee of future results.

Average Gains

The average return if you bought Rio Tinto ADR before its earnings report and sold at close on its earnings day.

Period28 Day Before21 Days Before14 Days Before7 Days Before1 Day BeforeDay Of
Past 4 Earnings
1.94%

1.48%

1.17%

0.88%

-0.65%

-0.20%
Past 8 Earnings
-0.39%

1.56%

0.25%

0.17%

-0.60%

0.01%
Past 12 Earnings
-0.07%

1.84%

0.62%

0.75%

0.14%

0.24%

RIO Earnings History

Report Date28 Day Before21 Days Before14 Days Before7 Days Before1 Day BeforeDay Of1 Day After7 Days After14 Days After21 Days After28 Days After
2024-04-18N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
2024-02-2869.27
-1.83%
68.52
-0.76%
N/AN/AN/AN/AN/AN/AN/AN/AN/A
2023-10-1665.27
-1.73%
63.07
1.70%
62.70
2.30%
61.29
4.65%
62.38
2.82%
64.14
1.25%
64.37
0.36%
60.36
-5.89%
64.21
0.11%
66.68
3.96%
65.58
2.25%
2023-07-2663.43
7.13%
64.01
6.16%
66.92
1.54%
66.23
2.60%
69.81
-2.66%
67.95
-0.38%
67.05
-1.33%
63.82
-6.08%
63.70
-6.26%
58.36
-14.11%
61.69
-9.21%
2023-04-2064.60
4.18%
68.11
-1.19%
66.75
0.82%
69.90
-3.72%
69.21
-2.76%
67.30
-1.68%
64.58
-4.04%
63.70
-5.35%
61.48
-8.65%
61.38
-8.80%
61.92
-7.99%
2023-02-2279.88
-8.80%
79.09
-7.89%
74.35
-2.02%
74.43
-2.12%
75.38
-3.36%
72.85
-0.68%
71.49
-1.87%
72.71
-0.19%
71.58
-1.74%
65.87
-9.58%
65.05
-10.71%
2022-10-1756.31
-2.01%
51.22
7.73%
57.00
-3.19%
57.46
-3.97%
53.71
2.74%
55.18
-0.67%
54.71
-0.85%
54.09
-1.98%
53.35
-3.32%
58.46
5.94%
64.24
16.42%
2022-07-2762.93
-5.58%
57.26
3.77%
58.10
2.27%
57.30
3.70%
59.11
0.52%
59.42
2.82%
59.88
0.77%
59.18
-0.40%
61.71
3.85%
59.66
0.40%
59.12
-0.51%
2022-04-1976.47
5.53%
78.38
2.96%
80.49
0.26%
80.49
0.26%
82.40
-2.06%
80.70
-0.57%
78.58
-2.63%
68.74
-14.82%
71.12
-11.87%
65.10
-19.33%
68.96
-14.55%
2022-02-2374.03
4.69%
74.29
4.32%
78.33
-1.06%
78.56
-1.35%
77.77
-0.35%
77.50
0.40%
75.42
-2.68%
83.54
7.79%
77.72
0.28%
72.72
-6.17%
77.88
0.49%
2021-10-1470.14
1.35%
67.05
6.03%
66.82
6.39%
68.13
4.35%
69.05
2.95%
71.09
0.71%
70.43
-0.93%
65.54
-7.81%
64.50
-9.27%
60.86
-14.39%
63.00
-11.38%

Methodology

We analyzed the past three years of RIO's earnings reports to calculate the average change in price of the stock before and after earnings.

Before Earnings

For calculating the average gains if you bought prior to earnings, we looked at the closing price of 5 different dates and compared them to the closing price of RIO on the day of the earnings report to calculate the return. The dates analyzed are:

  • 28 days prior (4 weeks)
  • 21 days prior (3 weeks)
  • 14 days prior (2 weeks)
  • 7 days prior (1 week)
  • 1 day prior

This simulates an individual purchasing RIO stock on one of those days and selling on the day of the earnings report.

After Earnings

For calculating the average gains if you bought RIO stock on the day of earnings, we looked at the closing price of RIO on the day of the earnings and then compared it to 5 dates after. The dates analyzed are:

  • 1 day after
  • 7 days after (1 week)
  • 14 days after (2 weeks)
  • 21 days after (3 weeks)
  • 28 day after (4 weeks)

This simulates an individual purchasing RIO stock on the day of the earnings report and then selling on one of the dates following.

Day of

To calculate the gains on the day of earnings, we compared the opening price of RIO to the closing price on the day of earnings - regardless if the earnings call was pre- or post-market.

Discussions

Please log in or register to share your thoughts.

kairaae

$RIO let’s go!! Squeeze time

0 Like Report
easymoneyFAM

$RIO rocket fuel tanks are full. Gonna shoot to the stars

0 Like Report
glaglewd

$RIO is going to have a run next month

0 Like Report
millimaker

$RIO Holding Strong since January ??????????

0 Like Report
Modok

$RIO let’s go!! Squeeze time

0 Like Report
wsb_pro

$RIO Now I'm worried....

0 Like Report
Modok

$RIO is it Monday yet?

0 Like Report