Essays about: "Earnings Forecast"

Showing result 21 - 25 of 36 essays containing the words Earnings Forecast.

  1. 21. Who is winning the earnings game? : A study about earnings management and subsequent stock returns in the U.S equities market.

    University essay from Umeå universitet/Företagsekonomi

    Author : Albin Bjurman; Afroza Rahman; [2014]
    Keywords : Real earnings management; accrual-based management; stock returns; accounting variables; stock repurchases; asset pricing; earnings management;

    Abstract : The earnings game and myopic performance focus induce managers to use judgment and influence to alter the reported earnings. Earnings management is the umbrella term for such manipulative actions, by accruals management or real activates management. READ MORE

  3. 22. Analysts' Forecast Accuracy in the United States: Optimistic and Pessimistic Bold Forecasts

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Adrian Brun; Carl Oscar Nyh; [2014]
    Keywords : Earnings per share forecasts; Sell-side analysts; Bold; Herding; Optimism;

    Abstract : This thesis examines earnings per share forecasts for U.S. companies, issued by sell-side analysts, within the time frame 1987-2012. We classify forecasts as herding or bold (non-herding), before dividing the latter into optimistic or pessimistic. READ MORE

  4. 23. Complex Parsimony in Equity Valuation - An Empirical Assessment of Model Design and the Incremental Effects of Complexity

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Sebastian Anesten; Niclas Möller; [2014]
    Keywords : Equity valuation; Valuation complexity; Dividend discount model; Residual income valuation model; Abnormal earnings growth model;

    Abstract : When deciding on a valuation model, an investor must be attentive to the juxtaposition between the usefulness, driven by complexity, and the simplicity of that particular model. This thesis employs an examination of four parsimonious equity valuation models (dividend discount model [DDM], residual income valuation model [RIV], abnormal earnings growth model [AEG], and the Ohlson-Juettner-Nauroth model [OJ]) and their usefulness in relation to the Nordic stock exchanges. READ MORE

  5. 24. Adjusting for earnings volatility in earnings forecast models

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Fabian Söderdahl; Sandy Samour; [2014]
    Keywords : Earnings volatility; earnings forecast model; cross-sectional model; forecasting; earnings prediction;

    Abstract : Previous research provides evidence for the negative relation between earnings volatility and earnings forecasting. This paper examines if earnings forecast models can adjust for firms’ earnings volatility and improves the forecasts by choosing a specific estimation method and a specific forecast model. READ MORE

  6. 25. Equity Analysts' Role Following the Credit Crisis: Exploring the Incremental Value of Earnings Forecast Revisions

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Peder Folke; Louise Kores; [2014]
    Keywords : Information discovery; Information interpretation; Relative forecast error; Analyst workload; Earnings forecast revisions;

    Abstract : In this paper, we provide an updated view on the incremental value conveyed in equity analysts' one-quarter-ahead earnings forecast revisions, following the financial crisis of 2008. We present statistical evidence of a greater analyst workload, stemming from an increased number of covered stocks and issued reports per analyst. READ MORE