Essays about: "Unexpected Earnings"

Showing result 1 - 5 of 20 essays containing the words Unexpected Earnings.

1. 1. Exploring Momentum: The Hidden Drivers of Stock Returns in the Nordic Market

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Axel Dillner; Johanna Roos; [2023]
   Keywords : Momentum; Price Momentum; Earnings Momentum; Earnings Surprises; Standardized Earnings Surprise; SES;

   Abstract : This thesis investigates the relationship between price momentum, earnings momentum, and stock returns in the Nordic region by examining the risk-adjusted performance measures of various momentum strategy portfolios. Inspired by Novy-Marx's 2015 theory that momentum in firm fundamentals explains the performance of price momentum strategies, this study seeks to provide deeper insights into momentum drivers and their implications for investment professionals. READ MORE

3. 2. The Uncertainty Influence on Earnings Announcement Returns

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Gustav Kölby; Johan Widén; [2019]
   Keywords : Market Uncertainty; VIX; Unexpected Earnings; Contrast Effects; Earnings Announcements;

   Abstract : We present evidence that market uncertainty influences the magnitude of the stock return response to earnings announcements. In this paper, we find that investors react more strongly to good news when released in a market of high uncertainty, compared with the same news in a market of low uncertainty. READ MORE

4. 3. Does earnings response following CEO turnovers depend on successor origin?: A study on post-turnover earnings response coefficients in North America

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Valter Lindhagen; Johan Luhr; [2019]
   Keywords : CEO turnover; CEO succession; Earnings response coefficient; ERC; Unexpected earnings;

   Abstract : A change in CEO represents a significant event in the life of a firm and can have a large impact on its subsequent direction and performance. This study investigates the effect of CEO turnover on the stock market's response to earnings announcements. READ MORE

5. 4. Post Earnings-Announcement Drift : A Comparative Study on the Impact of Measure Calculations

   University essay from KTH/Matematisk statistik

   Author : Hampus Hagström; [2016]
   Keywords : ;

   Abstract : This thesis investigate the phenomenon of post earnings-announcement drift where good (bad) interim reports are followed by an upward (downward) drift in stock price. The main question is whether the specific construction of the drift measure has any impact on the drift. READ MORE

6. 5. Abnormal Dividend Increases – Do they Signal?

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Magnus Skog; Niklas Fossum; Johan Fridlund; [2016]
   Keywords : Historical dividend policy; signaling value; abnormal stock returns; earnings levels; regular dividend increases; abnormal dividend increases; Swedish market; Business and Economics;

   Abstract : ABSTRACT Title: Abnormal Dividend Increases – Do they Signal? - An assessment of the signaling value in dividend increases which deviate from a firm’s historical dividend policy Seminar date: 2016-06-02 Course: BUSN 89: Degree Project in Corporate and Financial Management – Master Level, 15 University Credit Points (15ECTS) Authors: Fossum Niklas, Fridlund Johan, Skog Magnus Advisor: Håkan Jankensgård Key words: Historical dividend policy, signaling value, abnormal stock returns, earnings levels, regular dividend increases, abnormal dividend increases, Swedish market Purpose: The purpose of this thesis is to examine dividend increases that are large compared to the company’s historical dividend policy. The aim is to try to bring clarity to how this will affect the stock price and the earnings level of the company. READ MORE