Accounting information vs. analysts forecasts in market’s expectations formation
Date issued
2018
Subjects
Analysts earnings forecast · accounting information · non-linear association non-parametric regression
Abstract
We find that the expectations about future earnings incorporated in prices are mainly informed by the analysts earnings forecasts. Neither the stock nor the flow accounting items considered do not contribute significantly to shaping investors price setting expectations.
Publication type
working paper
File(s)![Thumbnail Image]()
Loading...
Name
paper_analysts.pdf
Type
Main Article
Size
356.39 KB
Format
Adobe PDF
Checksum
(MD5):cc514e573b0be47f2529fc6c9583d094