We propose a novel method to forecast corporate earnings, which combines the accuracy of analysts' forecasts with the … their long-term performance. Our model outperforms the most popular methods from the literature in terms of forecast …

This study develops a framework to compare the ability of alternative earnings forecast approaches to capture the … these two components indicates that the associated earnings forecast is a sufficient estimate of the market expectation of …

earnings forecasters, we see that small adjustments to the model forecasts lead to more forecast accuracy. Based on past track …

' forecast timeliness and facilitates market efficiency. We find that IBES analysts become more responsive to earnings …

) and abnormal changes in profit margins (ABPM) to measure the uncertainty embedded in the accounting earnings. I measure … ABG (ABPM) as the difference between the current value of sales growth rate (profit margin) and its benchmark, a weighted … value of the three preceding years’ sales growth rate (profit margin). Then, I quantify whether and to what extent the news …