We substantially improve cross-sectional earnings forecast models, such as Hou, van Dijk, and Zhang (2012), by …

components remain associated with analysts’ forecast errors. Further, we document that higher uncertainty in firm performance … of where and when analysts derive OCI-related information, we document that analysts’ forecast revisions correlate with …

' future profitability, operating income, analysts' forecast errors, and stock market returns. At the same token, researchers … a lack of understanding how earnings quality affects profitability forecast models. This paper comprehensively explores … previous financial statement analysis literature that changes in firms' profit margin do not provide incremental usefulness for …

analysts. After controlling for the distance to the nearest forecast, our evidence shows that firms are more likely to beat an … incremental forecast with a decrease in ETR compared to missing an incremental forecast with an increase in ETR. Our study …

This study examines whether the market reacts more strongly to earnings forecast revisions when financial analysts … supplement their earnings forecasts with sales forecasts. I find that earnings forecast revisions supplemented with sales … forecast revisions have a greater impact on security prices than do stand-alone earnings forecast revisions, controlling for …

reflect the predictable component of analyst forecast errors. This evidence conflicts with conclusions in prior research … characteristic and analyst forecasts predicts future analyst forecast errors, forecast revisions, and changes in buy …/sell recommendations. I document abnormal returns to a strategy that sorts firms based on predicted forecast errors, consistent with …

The range of non-EPS forecast types provided by individual analysts to I/B/E/S has increased dramatically over time but … varies considerably across firms. We propose that in providing a broader range of forecast types analysts can signal superior … forecast types (NFT) an analyst provides and common proxies for research quality including earnings forecast accuracy, price …