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

accuracy. In sum, we find that analysts react to information conveyed by all four parameters of a management range forecast and …

. Furthermore, the pricing attenuation of tone is increasing in the imprecision of the quantitative forecast, suggesting that lower … forecast quality compromises the quantitative signal's credibility enhancement. Managerial incentives to inflate tone lead to …

We examine how analysts' earnings forecast properties vary when accounting information is more difficult to process …. Specifically, we investigate whether analysts' forecast properties are associated with traditional real earnings management (REM …) measures. We hypothesize and find that analysts' forecast errors and dispersion are greater for REM firms. Next, we investigate …

In this paper, we employ the earnings model developed in Ashton and Wang (2013) to forecast the one- to three …

forecast when actual earnings exceed the consensus and the most pessimistic forecast when the consensus exceeds actual earnings …

-related bias in voluntary earnings forecasts carries over into the mandatory forecast embedded in the valuation allowance. We then … guidance that convey the same basic information about future earnings (i.e., either both forecast profit or both forecast loss …In this study we examine whether managers' voluntary forecasts of future earnings are consistent with the implicit …

to information conveyed by all four parameters of a management range forecast and that these metrics are informative in …

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