reinforcing and contradicting analyst forecast revisions issued during earnings announcements (days 0 and 1) on the market … response to unexpected earnings. We classify forecast revisions as reinforcing (contradicting) when the sign of analyst … forecast revisions agrees (disagrees) with the sign of unexpected earnings. We document larger (smaller) earnings response …

individual analysts' forecasts. Using forecast accuracy improvements, forecast boldness, and the price impact of forecasts as … measures of forecast quality, we find that in the information discovery phase that precedes an earnings announcement event …

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

association between analyst forecast error magnitude/dispersion and aggregate reported intangibles previously documented becomes …

assessment is relative to extrapolative time-series models of earnings forecasts. The paper's results show that the forecast … on extrapolative models' forecast errors is stronger than on analysts'. This finding is consistent with analysts' better … ability relative to extrapolative models to forecast the earnings of intangible firms, and with analysts' ability to process …

how they plan to achieve their bottom-line earnings targets. We assess the effect of this forecast disaggregation on the …. First, disaggregation plays a more important role when earnings are otherwise more difficult to forecast. Second …