forecasts by 25.3%. This study may be the first of its kind to assess analyst earnings forecast accuracy at all listed companies …

Earnings forecasts can be useful for investment decisions. Research on earnings forecasts has focused on forecast … determine the value of the forecast and also investigate to what extent the timing of the forecast can be modeled. We propose a … clear drivers of the value and the timing of the earnings forecast. We thus show that not only the forecasts themselves are …

The aim of this study is to analyze the relationship between earnings management and model-based earnings forecast … accuracy. We provide evidence that firms with higher level of earnings management tend to exhibit larger forecast errors, i ….e., earnings forecast accuracy for these firms is lower. Further, we show that accounting for the level of earnings management in …

updates to the forecast and the 10-K report. Lastly, we show that financial analysts rely more on the earnings forecasts of …

in the next quarter. Our oil-response forecast strategy earns especially high returns in periods that follow large …