unusually optimistic earnings forecast at the end of the year that increases the likelihood of an earnings miss. We first … difficult-to-beat forecast as a final earnings forecast prior to the earnings announcement that exceeds even the most optimistic … forecast issued by any other analyst covering the stock. We find that 11% of all firm-year observations are subject to at least …

We analyze three different mechanical models to forecast earnings and compare their forecasts with those of analysts … from analysts' forecasts more reliable than ICCs based on model forecasts? And 3) does higher forecast performance also … reliability of analyst-based ICCs seems to indicate a missing link between forecast performance and ICC reliability, in fact …

The aim of this study is to analyze the relationship between earnings management and model-based earnings forecast … accuracy. We provide evidence that firms with higher level of earnings management tend to exhibit larger forecast errors, i ….e., earnings forecast accuracy for these firms is lower. Further, we show that accounting for the level of earnings management in …

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

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 …

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

This study examines the stock-price reactions to analyst forecast revisions around earnings announcements to test … suggests that prior studies' finding of weaker (stronger) stock-price responses to forecast revisions in the period immediately …

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

better understand how financial analysts forecast earnings. We focus on forecasts for Real Estate Investment Trusts (REITs … regression analysis finds that the severity of the pandemic increases analysts' forecast error and dispersion. Government … forecast error rises by more, for REITs, when focusing on Hospitality and Industrial properties, and dispersion rises by more …