We examine the impact of managerial sentiment on analysts' following decisions and earnings forecast accuracy. By …

This paper investigates the association between current dividends and analysts’ subsequent earnings forecast errors ….e., where dividends have limited or no signaling implications) and varies in a predictable manner with dividend payouts and cost … between dividends and analysts’ forecast errors has declined over the sample period; such a decline appears to correspond with …

. The failure of management to attain a forecast may reflect poorly on its industry understanding, knowledge of the firm …