This paper examines the impact of earnings announcements and earnings forecast revisions on stock returns across …-looking earnings announcement information and forward-looking earnings forecast information on the price of equity shares. We analyze … availability and actual or perceived reliability affect this relationship. We find that forward-looking analyst forecast …

forecasts by 25.3%. This study may be the first of its kind to assess analyst earnings forecast accuracy at all listed companies …

. Specifically, we document that forecast errors of the predicted earnings issued during the Initial Public Offering (IPO) have …

is available. We also find decreases in analysts' forecast errors and dispersion and a decrease in firms' tendency to …

forecasts, this bias tending to be higher in countries with less investor protection. This forecast bias declined significantly …

management earnings forecast precision. Results indicate that precision of management earnings forecasts is significantly …

uncertainty, as reflected by greater timeliness with no loss in forecast accuracy. In contrast, analysts have greater difficulty … dealing with heightened market uncertainty, as both timeliness and forecast accuracy decline …

the stock return volatility, first, at the release of a management earnings forecast, and second, at the eventual … surrounding a management earnings forecast for those firms who release them compared to a matched-firm sample of firms without a … management earnings forecast at that date, and then further examines that result based on different forecast antecedents and …