Examination of data revealed 60 of 881 companies released specific earnings forecasts
compared to zero the previous pre-FD year.
Thus, we find no evidence that analysts intentionally issue optimistically biased earnings forecasts
ATLANTA - Coca-Cola said Friday it will no longer release quarterly and annual earnings forecasts
, a move analysts said could mean more uncertainty for investors in the world's largest soft drink company.
The analysts' overall reaction to ERP implementation plans was positive, as mean post-announcement earnings forecasts
were significantly higher than mean pre-announcement forecasts.
WEBX has exceeded earnings forecasts
in four out of the past five quarters, with two of those periods registering double-digit surprises.
This research study focuses on whether or not managers manipulate pension expense to meet analysts' earnings forecasts
The reduced earnings forecasts
from FedEx and Starbucks added to concern that the housing slump and tighter credit markets are slowing the broader economy.
said Friday it has revised upward interim earnings forecasts
for its constituent insurers Tokio Marine & Fire Insurance Co.
lowered its earnings forecasts
, citing the economic slowdown and a decline in restaurant dining in the wake of the Sept.
We use Value Line earnings forecasts
to measure market expectations about target firms' future managerial performance as stand-alone firms.
In addition, the Company may answer one or more questions concerning business and financial developments and trends, the Company's view on earnings forecasts
and other business and financial matters affecting the Company, some of the responses to which may contain information that has not been previously disclosed.
One area that is just beginning to be researched is the ramification of the Sarbanes-Oxley Act of 2002 on such issues as audit opinions, income smoothing and impact of earnings forecasts