NORDIC BUSINESS REPORT-September 11, 2017-Viking Line revises earnings forecast
In calculating forecast dispersion, we only use the latest earnings forecast
per analyst in each quarter to minimize the impact of the differences in available information according to varying forecast horizons on forecast dispersion.
The sample met the following criteria: 1) The voluntary earnings forecast
was recorded by the Dow Jones News Retrieval Service (DJNRS).
The earnings forecast
error, earnings management, EVA, Tobin's Q all are the main variables being considered by the investors and managers in capital market.
If, however, investors view the earnings forecast
as a positive (or negative) signal from management, the market would not discount the information.
Goldman Sachs (NYSE: GS) has cut the earnings forecast
for Chinese companies.
55 to move actual reported earnings downward closer to their analysts' earnings forecast
than they would otherwise be without the manipulation.
In a belated earnings forecast
for the year from April compiled in the aftermath of the March 11 disaster, Nissan said it expects its group operating profit to fall 14.
Medco Rises after Higher Earnings Forecast
on Lower Costs.
The financial institution has reduced fiscal 2011 earnings forecast
by 41 percent, fiscal 2012 earnings forecast
by 46 percent; fiscal 2011 earnings now forecast to contract 18 percent from Fiscal 2010, with further 10.
SPORTS World owner Sports Direct International yesterday raised its annual earnings forecast
after enjoying a jump in sales during the summer.
We examine the relation between lockup length and voluntary earnings forecast
disclosures for IPOs in Singapore.