Based on the attached EA screen showing the recent

quarterly aggregate surprise earnings of the $12$ S&P$500$

sectors and their following. $7-$day price reaction, what can

we infer about the predictability of earnings surprises on

Drice reactions?

Eanings surprises are good predictor of stock price reactions when they are positive.

Eanings suprises are not a good prediotor of stock pricereactions.

OEarnigs surpises are$-$a strong predictor of stock price reactions