: forecasting accuracy, forecast bias, and forecasting efficiency. Analysts' data are based on I/B/E/S. Our analysis shows the rapid …

and improve at a slower rate during the forecast period. Further, cash flow forecasts appear to be a naïve extension of …

forecast properties. The evidence shows that analysts' earnings forecast accuracy is higher and the forecast dispersion is … higher forecast accuracy and less forecast dispersion in the non-Big Five auditor sample but not in the Big Five auditor …

revisions exceeds that which is implied by their earnings forecast revisions alone, indicating that analysts increase their … discount rate estimates after misstatements. Discount rate revisions have a larger effect than earnings forecast revisions upon …

We examine whether management earnings forecast errors exhibit serial correlation and how analysts understand the … serial correlation property of management forecast errors. Management forecast errors should not exhibit serial correlation … if managers efficiently process information in prior forecast errors and truthfully convey their earnings expectations …

when analysts forecast negative or large changes in EPS. We also compare the accuracy of a third forecast of longer …

Studying the determinants of management forecast precision is important because a better understanding of the factors … affecting management’s choice of forecast precision can provide investors and other users with cues about the characteristics of … disclosures, they need to better understand how managers choose among forecast precision disclosure alternatives. Using 16 …

We document an improvement in analysts’ forecast accuracy following increased sector ETF ownership. We identify a …, analysts have an opportunity to re-optimize their attention to firm-specific information and improve forecast accuracy …

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 …