available forecast for each forecaster and the difference between the average and the forecast that this forecaster previously … made. We extended the knowledge base by analyzing the unpredictable component of the earnings forecast. We found that for … some forecasters the unpredictable component can be used to improve upon the predictable forecast, but we also found that …

from the perspective of securities analysts. We examine the relationship between analysts’ forecast revisions and firms …’ non-recurring earnings. We find that 1) non-recurring gains and losses can influence analysts' earnings forecast revision … management, it will weaken the effects of non-recurring items on analysts' earnings forecast revision. The results suggest that …