forecast horizon for up to 60 days after the announcement. We subject the model’s learning and out-of-sample performance to … range of variables, mostly fundamental ratios and forecast errors, is used to predict post-announcement returns. Third, we …

better understand how financial analysts forecast earnings. We focus on forecasts for Real Estate Investment Trusts (REITs … regression analysis finds that the severity of the pandemic increases analysts' forecast error and dispersion. Government … forecast error rises by more, for REITs, when focusing on Hospitality and Industrial properties, and dispersion rises by more …