profits finds that analysts are ten times more accurate in predicting the earnings of profit firms. They have also improved … their predictive ability for profit firms since the mid-1980s. The sample includes eighteen years of coverage by IBES and …

We analyze the relevande of losses, accounting information on tax loss carryforwards, and deferred taxes for the … encompassing detailed information on tax loss carryforwards and deferred taxes from the tax footnote. Our out-of-sample predictions … show that considering accounting informaton on tax loss carryforwards and deferred taxes does not enhance the accuracy of …

We analyse the relevance of losses, accounting information on tax loss carryforwards, and deferred taxes for the … encompassing detailed information on tax loss carryforwards and deferred taxes from the tax footnote. Our out-of-sample predictions … show that considering accounting information on tax loss carryforwards and deferred taxes does not enhance the accuracy of …