empirical study has investigated the nexus between the analyst forecast dispersion (AFD) and excess returns surrounding stock …

forecasts. Yet bias does not necessarily invalidate a forecast, nor does it impinge on its relative quality. We find that …

controls for the forecast error throughout the quarter. Results show that during high macro uncertainty periods, the market …

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

based on the absolute analysts' consensus forecast errors and determinants. The findings of this study indicate that …

available forecast for each forecaster and the difference between the average and the forecast that this forecaster previously … made. We extended the knowledge base by analyzing the unpredictable component of the earnings forecast. We found that for … some forecasters the unpredictable component can be used to improve upon the predictable forecast, but we also found that …

predict that this reluctance allows each firm's conservative forecast to be heavily influenced by the firm's past performance …