empirical study has investigated the nexus between the analyst forecast dispersion (AFD) and excess returns surrounding stock …

Prior studies found that analyst forecast dispersion predicts future market returns. Some prior studies attribute this …

controlling shareholders impairs analyst forecast quality. We sample Chinese A-share firms and find that the proportion of shares … associated with analysts’ earnings forecast error and dispersion. Analysts’ incentives moderate the association between pledge … ratios and forecast predictions. High performing analysts most sensitive to reputational concerns continue to report …

better understand how financial analysts forecast earnings. We focus on forecasts for Real Estate Investment Trusts (REITs … regression analysis finds that the severity of the pandemic increases analysts' forecast error and dispersion. Government … forecast error rises by more, for REITs, when focusing on Hospitality and Industrial properties, and dispersion rises by more …

that the average forecast error has decreased over time reflecting the maturing of the Chinese securities firms. Affiliated … than un-affiliated firms which is contrary to findings from other countries. Also, forecast errors produced by local … to forecast earnings. Finally financial markets react stronger to stock recommendations by star analysts …

We test the implications of anchoring bias associated with forecast earnings per share (FEPS) for forecast errors … more positive forecast revisions, more negative forecast errors, and more negative earnings surprises after a stock split …

Firms whose quarterly earning announcements closely meet the most recent analyst consensus forecast enjoy higher long …