henry copeland:

Exercise in Morning or Afternoon to Shift Your Body Clock Forward – Neuroscience News

This study found that exercising at 7 am or between 1 and 4 pm advanced the body clock to an earlier time, and exercising between 7 and10 pm delayed the body clock to a later time. Exercising between 1 and 4 am and at 10 am, however, had little effect on the body clock, and the phase-shifting effects of exercise did not differ based on age nor gender.
- neurosciencenews.com