corporate governance on a firms' information environment, specifically on analysts forecast accuracy, dispersion, precision of … forecast accuracy, only when voluntary disclosure is constant over time. Analysts forecast dispersion decreases when more …

We find that individual analysts following the same firm and quarter forecast different underlying street performance … metrics. Relative to analysts whose street forecast is based on generally accepted accounting principles (GAAP), analysts who … forecast street earnings using a non-GAAP performance metric identify less persistent GAAP earnings and issue more accurate …

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 …

I/B/E/S is a common source of analyst earnings forecast data, and the reliability of these data is important for … the effects of analyst experience and brokerage size on earnings forecast accuracy change by over 30 percent when we use … provide guidance to researchers using I/B/E/S for analyst earnings forecast data …

analysts' forecast revisions and prior stock price changes. We validate this measure by examining whether analysts with lower …. We find that the stock price impacts of forecast revisions issued by analysts with higher PPI are larger than those … of directors rely more on analysts' forecast errors in their CEO turnover decisions when firms are followed by analysts …

. This paper describes the phenomenon of management forecast revisions and examines their long-run effects on analyst …

analyst forecasts. We focus on rounding as arguably the most salient forecast feature. We find that while rounding is only … marginally associated with forecast accuracy, investors attribute to it undue significance. Investors view rounding as distinctly … informative to other analyst characteristics that determine forecast accuracy and the likelihood of rounding. Unlike previous …

We investigate whether the well-known positive association between past stock returns and analysts' earnings forecast … (EMH), we find that investors discount earnings forecast revisions by analysts who treat winners and losers differently …