. We also conduct a study on the persistence of forecast accuracy across analysts and across stocks over the 15-year period … analyst forecast values and back-test a range of forecast-driven systematic strategies …

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. We show that measures of prior consensus and individual analyst forecast pessimism are predictive of both … with a relatively high probability of forecast pessimism experience significantly higher announcement returns than those … difficulty investors have in identifying differences in expected forecast pessimism. Overall, we conclude that market prices do …

of their earnings forecast accuracy. Various psychological factors, such as decision style and personality traits, are … factors related to forecast accuracy, we document that controlling for these unidentifiable analyst-specific effects improves …. We confirm that the analyst's firm-specific experience, the intensity of following that a firm receives, and the forecast …

forecasts. We find evidence consistent with our expectation that egregious forecast errors motivate analysts to work harder to … information. This increased reliance on private information reduces the mean forecast error for upcoming earnings (even after … individual forecast error is idiosyncratic, and thus averaged out in the computation of the mean forecast …

We examine how forecast behaviors of East Asian financial analysts would change in the face of the escalated crimes … against Asians amid the COVID-19 pandemic. Using a Difference-in-Differences approach, we demonstrate that the forecast … performance of East Asian analysts. Consequently, the inferior forecast quality of East Asian financial analysts has a negative …