Studying the determinants of management forecast precision is important because a better understanding of the factors … affecting management’s choice of forecast precision can provide investors and other users with cues about the characteristics of … disclosures, they need to better understand how managers choose among forecast precision disclosure alternatives. Using 16 …

In this paper we test the predictive power of abnormal inventory growth to forecast retailers’ earnings. We demonstrate … this information in analysts’ forecasts would improve their forecast accuracy. This improvement can be as much as 15 …

examine whether a disaggregation of the forecast into various sources of demand reduces forecast error and bias. Using … proprietary data from a manufacturing organization, we find that absolute demand forecast error declines following the … implementation of a disaggregated forecast system. We also find a favorable effect of forecast disaggregation on finished goods …

Prior research finds that investors respond more favorably to a disaggregated earnings forecast than to an aggregated … one immediately after the forecast. The present study examines the impact of this initial favorable effect on investors … disaggregated earnings forecast can backfire when management subsequently reports an earnings surprise. The results of our …

expectations game between managers and sell-side analysts, our paper offers a more auspicious characterization of forecast walk …

implications for forecast efficiency and the stock market. We find that the two sets of forecasts strongly covary over the 1984 to … aggregate earnings, the converse is not true. Additional tests suggest that analysts underreact to economists' negative forecast … revisions (i.e., aggregate earnings forecast errors are predictably more negative following economists' downward forecast …

I use controlled experiments to investigate the joint effects of forecast precision and forecast uncertainty on … investor judgments. I find that forecast precision moderates the effects of forecast uncertainty on investors’ forecast … reliability judgments such that the effects of forecast uncertainty on investors’ judgments of forecast reliability are more …

This paper outlines a method to forecast FX spot rates. The data set consists of the Bloomberg FX spot rates for … returns in all three FX spot rates. The use of an out-sample to test the applicability of the AR(1) forecast supplements the …

This paper investigates the relationships among cross-sectional stock returns and analysts' forecast revisions …, forecast dispersion and momentum. Market rewards the strategy in pursuit of revision up and away from revision down by 22 …-2015 periods. Revision up and revision down betas account for most of the momentum strategy and over half of forecast dispersion …