earnings forecast accuracy, as forecast accuracy may be a signal of decreased price impact of trades and increased profit … trading opportunities. We predict a negative association between ownership by dedicated investors and earnings forecast … forecast accuracy is not relevant for the investment decisions of quasi-indexers.Our empirical evidence suggests that transient …

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 … analysis demonstrates that the innovation in forecast revisions also affects the association between investor response and …

We correlate analysts' forecast errors with temporal variation in investor sentiment. We find that when sentiment is … “uncertain” or “difficult to value” firms. Adding these forecast errors to a regression of stock returns on sentiment absorbs a …

We test the implications of anchoring bias associated with forecast earnings per share (FEPS) for forecast errors … more positive forecast revisions, more negative forecast errors, and more negative earnings surprises after a stock split …