IC Group A/S (CPH:IC) reported on Tuesday that based on the preliminary financial figures for the first three quarters of the financial year, its board of directors has decided to revise upwards the earnings forecast
for the financial year 2017/18, which runs until 30 June 2018.
Consequently, the results are consistent with our argument that analyst earnings forecast
are more accurate when the firms are led by female CFOs.
In summary, results reported in Table 4 support H3, indicating that Canadian firms issue more precise voluntary earnings forecast
than do U.S.
tumbled 12 percent after its third-quarter earnings forecast
missed analysts' estimates.
posted increased sales and profits in the fourth quarter., but its share price fell after it missed analyst targets and cut its full-year earnings forecast
The revised per share earnings forecast
is JPY208.85 as against the previous forecast of JPY114.37bn.
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.
Table 1 reports a final earnings forecast
sample of 11,817 for the Pre-SLUSA sample period.
Moeller-Maersk raised its 2013 earnings forecast
yesterday after ...
TUI reiterated its earnings forecast
for this year after strong summer trading TUI reiterated its earnings forecast
for this year after strong summer trading and sweeping restructuring helped it report an unexpected quarterly profit for German travel and tourism group on Thursday Aug.
revised upward on Thursday its earnings forecast
for fiscal 2012 ended in March, citing the recent trend of a weaker yen and the sale of some assets.
Its 2012 earnings forecast
also account for better-than-expected investment income during the third quarter.