Earnings Watch: Kodiak Oil & Gas Corp. (NYSE:KOG), KBR, Inc. (NYSE:KBR)

Kodiak Oil & Gas Corp. (NYSE:KOG) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in KOG indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price movement by the following regular session close.

Last 12 Qtrs Positive Only Price Reactions  Percent of time added to extended-hours gains: 25%  Average next regular session additional gain: 1.3%   Over the prior three fiscal years (12 quarters), when shares of KOG rose in the extended-hours session in reaction to its earnings announcement, history shows that 25.0% of the time (1 event) the stock posted additional gains in the following regular session by an average of 1.3%.

Last 12 Qtrs Negative Only Price Reactions  Percent of time added to extended-hours losses: 50%  Average next regular session additional loss: 1%

Over that same historical period, when shares of KOG dropped in the extended-hours in reaction to its earnings announcement, history shows that 50.0% of the time (2 events) the stock dropped further, adding to the extended-hours losses by an average of 1.0% by the following regular session close.

KBR, Inc. (NYSE:KBR) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in KBR indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price movement by the following regular session close.

Last 12 Qtrs Positive Only Price Reactions  Percent of time added to extended-hours gains: 50%  Average next regular session additional gain: 3.3%

Over the prior three fiscal years (12 quarters), when shares of KBR rose in the extended-hours session in reaction to its earnings announcement, history shows that 50.0% of the time (1 event) the stock posted additional gains in the following regular session by an average of 3.3%.

Last 12 Qtrs Negative Only Price Reactions  Percent of time added to extended-hours losses: 0%  Average next regular session additional loss: 0%

There have not been any meaningful extended-hours earnings related price reactions over the previous 3 years (12 quarters) in this direction.