An Examination of the Statistical Significance and Economic Implications of Model-Based and Analyst Earnings Forecasts

We address the demand for model-based earnings forecasts by proposing a cross-sectional model which incorporates three salient ideas. First, firm performance converges to expected levels over time; second, amounts from current financial statements are robust predictors of future performance; and thi...

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Bibliographic Details
Main Authors: Ow Yong, Kevin, Evans, M., Njoroge, K
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2013
Subjects:
Online Access:https://ink.library.smu.edu.sg/soa_research/1103
https://ink.library.smu.edu.sg/context/soa_research/article/2102/viewcontent/MarkEvans.pdf
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Institution: Singapore Management University
Language: English