document larger increases in analyst coverage, larger reductions in earnings forecast error, and more significant improvements … still has significant beneficial effects on stocks' trading and informational environment, even in a world where the great …

Prior studies provide only limited evidence on how and why investors rely on analyst forecasts. We investigate one … aspect of this research paradigm by examining investor response to analyst forecast revisions using accounting restatements … convey about forecast accuracy inrestatement firms than in non-restatement firms. The evidence also suggests that the level …

perverse. Controlling for forecast accuracy, analysts making bold forecasts are more likely to win the tournaments measured by … by tournament incentives, may not always produce forecasts based on the best use of their private information …

the factors which influence the forecast decision on shares of the companies. The P/E ratio, dividend yield, return on …' forecast in emerging CSE. The stock analysts forecast decision more concern on firm dividend than capital gain. We … indicators of the return sort, volatility of shares have a significant impact on perfect investment decision. The emerging …

This study tests the performance of stock market forecasts derived from technical analysis by means of a specific …. Two test statistics are introduced to utilize the indicator. The results show that the forecasts generated from the … indicator would enable investors to escape most of the crashes and catch most of the bull runs. The trading signals provided by …

analyst report readability reduces forecast dispersion but is not associated with revision news, and that market reactions are … forecast dispersion predicted by report readability. Finally, the positive effect of readability on stock prices is higher when … more R&D spending, when transaction costs are higher, when analysts are more experienced, or when forecasts are issued …

Bradshaw, Richardson, and Sloan (2001) find that analyst forecast over-optimism is greater for firms with high accruals …. This “accrual-related over-optimism” is generally interpreted as evidence that analyst forecasts do not fully incorporate … (brokerage size), and portfolio complexity moderate the relation between over-optimistic forecasts and high accruals. We …

components: earnings forecasts, target prices, and buy/sell recommendations. An important question for investment managers is … then, how accurate are the forecasts of fundamental analysts? In this research, we tackle this question by investigating a … total of 43 086 analyst forecasts made on South African equities over the 15-year period from January 2004 to June 2018.We …

Financial analysts are important players in the marketplace. Analysts' reports, which include forecasts of earnings and …

forecasts by 25.3%. This study may be the first of its kind to assess analyst earnings forecast accuracy at all listed companies … research: First, analyst earnings forecasts globally were 25.3% optimistically wrong, meaning on average, analysts started each …