Conroy, Robert; Harris, Robert - In: Management Science 33 (1987) 6, pp. 725-738
An alternative to using a single forecasting method is to average the forecasts made by various methods. In this paper … predict corporate earnings per share. We conclude that, on average, the primary forecasting advantages of analysts over time … beginning of the fiscal year. For predictions in the first half of the fiscal year, there is evidence of forecasting benefits …