This study examines the relationship between components of OCI and analysts' forecasting behaviour, being forecast … negatively associated with forecast accuracy and herding. We also find that available for sale (AFS) amounts are positively … associated with forecast accuracy, herding and analyst following. Together with prior evidence, our findings provide empirical …

uncertainty, as measured by stock return volatility, analyst earnings forecast dispersion, and analyst earnings forecast error …

By decomposing analysts' forecast errors into common and idiosyncratic components, we develop a simple model aimed at … explaining the relationship between forecast uncertainty and analyst dispersion. Under this framework, we propose a new measure … of earnings forecast uncertainty as the sum of dispersion among analysts and the variance of mean forecast errors …

likely to issue an earnings warning. For good news firms, we do not see this effect. We also examine three forecast … characteristics: forecast horizon, amount of news revealed, and forecast precision. Firms with higher litigation risk tend to issue …

. We find as litigation risk increases, the propensity to release a delayed forecast until after the market is closed (AMC …

uncertainty, as reflected by greater timeliness with no loss in forecast accuracy. In contrast, analysts have greater difficulty … dealing with heightened market uncertainty, as both timeliness and forecast accuracy decline …

that analysts’ forecast errors increase with EPU, as does the degree of forecast dispersion. Increased error and dispersion … heterogeneity in forecast quality across both analyst and firm characteristics establishes that forecast error and dispersion … sensitive versus policy neutral provide consistent evidence that analyst forecast errors and dispersion increase with EPU, even …