ex post forecast accuracy, and whether subsequent analyst revisions confirm the credibility relevance of these … those periods serve as catalysts for creating measures to assess management forecast credibility. After arguing that sales …-free alternative to the linguistic tone measure which is related to ex post forecast accuracy. Analyst confirmation of the credibility …

. 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 …

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 …

(earnings) forecasts. Finally, we show that bond investors' reaction to bond analysts' cash flow forecast revision is greater … than that to bond analysts' earnings forecast and that bond market reacts only to bond analysts' forecast revisions but not … to equity analysts' forecast revisions. This manifests bond investors' stronger demand for reliable information on future …