SZodixStudyAcademic Library
ShelvesOpen access
Study · an open academic library·Metadata from OpenAlex (CC0)·Shelves·OpenAlex metadata, de-duplicated
Earnings Estimates and the Accuracy of Expectational Data
7 references·16 citing·42 second hop
Earnings Estimates and the Accuracy of Expectational Data (1972)Earnings Estimates and the Accuracy of Ex…The Information Content of Annual Earnings Announcements (1968)The Information Content of An…THE CONSENSUS AND ACCURACY OF SOME PREDICTIONS OF THE GROWTH OF CORPORATE EARNINGS (1968)THE CONSENSUS AND ACCURACY OF…Some Preliminary Findings on the Association between the Earnings of a Firm, Its Industry, and the Economy (1967)Some Preliminary Findings on …Applied Economic Forecasting (1967)Applied Economic ForecastingThe Investment, Financing, and Valuation of the Corporation (1963)The Investment, Financing, an…Optimal Properties of Exponentially Weighted Forecasts (1960)Optimal Properties of Exponen…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Cost of Capital, Corporat…The Performance of Equity Analysts During the Global Financial Crisis (2011)The Performance of Equity Ana…Economic News and the Yield Curve: Evidence from the U.S. Treasury Market (1998)Economic News and the Yield C…THE ACCURACY AND RATIONALITY OF EARNINGS FORECASTS BY UK ANALYSTS (1995)THE ACCURACY AND RATIONALITY …Prospectus Earnings Forecasts and the Pricing of New Issues on the Unlisted Securities Market (1991)Prospectus Earnings Forecasts…Factors affecting the nature and effectiveness of subjective revision in sales forecasting: An empirical study (1989)Factors affecting the nature …Combining forecasts to improve earnings per share prediction (1987)Combining forecasts to improv…Autoregressive Modeling of Earnings-Investment Causality (1987)Autoregressive Modeling of Ea…Managerial intervention in forecasting. An empirical investigation of forecast manipulation (1986)Managerial intervention in fo…Forecasting retail sales using alternative models (1986)Forecasting retail sales usin…Relative accuracy of judgemental and extrapolative methods in forecasting annual earnings (1983)Relative accuracy of judgemen…A Multivariate Analysis of Annual Earnings Forecasts Generated from Quarterly Forecasts of Financial Analysts and Univariate Time-Series Models (1980)A Multivariate Analysis of An…The Accuracy of Forecasts by Management and by Financial Analysts. (1978)The Accuracy of Forecasts by …Forecasting: Issues & Challenges for Marketing Management (1977)Forecasting: Issues & Challen…STATISTICAL VERSUS SALES FORCE–EXECUTIVE OPINION SHORT RANGE FORECASTS: A TIME SERIES ANALYSIS CASE STUDY (1976)STATISTICAL VERSUS SALES FORC…OPTIMAL SPECULATION AGAINST AN EFFICIENT MARKET* (1976)OPTIMAL SPECULATION AGAINST A…Effectiveness of Earnings Per Share Forecasts (1974)Effectiveness of Earnings Per…Applied Time Series Analysis for Managerial Forecasting. (1974)Time Series Analysis: Forecasting and Control (1977)THE SUPERIORITY OF ANALYST FORECASTS AS MEASURES OF EXPECTATIONS: EVIDENCE FROM EARNINGS (1978)Consensus Forecasts of Corporate Earnings: Analysts' Forecasts and Time Series Methods (1987)Estimating the Cost of Capital Implied by Market Prices and Accounting Data (2009)Forecasting Sales by Exponentially Weighted Moving Averages (1960)Rational Expectations and the Theory of Price Movements (1961)Planning Production, Inventories, and Work Force. (1962)Econometric policy evaluation: A critique (1976)Trends and random walks in macroeconmic time series (1982)An Empirical Evaluation of Accounting Income Numbers (1968)On the psychology of prediction. (1973)Does the Stock Market Overreact? (1985)The accuracy of earnings forecasts in IPO prospectuses on the Kuala Lumpur Stock Exchange (1998)A Simultaneous Equations Analysis of Analysts’ Forecast Bias and Institutional Ownership (2003)Corporate governance and earnings forecasts accuracy (2010)The Theory of Investment Value, by John Burr Williams (1939)The Investment, Financing, and Valuation of the Corporation. (1963)A Test of the Errors‐in‐Expectations Explanation of the Value/Glamour Stock Returns Performance: Evidence from Analysts' Forecasts (2002)Divergence of Opinion and Equity Returns (2006)DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)The Pricing of Options and Corporate Liabilities (1973)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Law and Finance (1998)Smoothing, Forecasting and Prediction of Discrete Time Series. (1964)Special Information and Insider Trading (1974)An empirical analysis of the accuracy of SA, OLS, ERLS and NRLS combination forecasts (1992)The need for contextual and technical knowledge in judgmental forecasting (1992)Forecasting Economic Time Series (2000)A survey of human judgement and quantitative forecasting methods (2021)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors (1988)Predicting Excess Stock Returns Out of Sample: Can Anything Beat the Historical Average? (2007)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Using daily stock returns (1985)Capital markets research in accounting (2001)The Time Series Behavior of Earnings (1970)Systematic ‘abnormal’ returns after quarterly earnings announcements (1978)The earnings-price anomaly (1992)Extreme Correlation of International Equity Markets (2001)Forecasting Volatility in Financial Markets: A Review (2003)Introductory Econometrics for Finance (2008)
this work references cited by second hop

References

  • 1958The Cost of Capital, Corporation Finance and the Theory of Investment14,494 cited
  • 1968The Information Content of Annual Earnings Announcements2,739 cited
  • 1967Applied Economic Forecasting1,206 cited
  • 1960Optimal Properties of Exponentially Weighted Forecasts985 cited
  • 1963The Investment, Financing, and Valuation of the Corporation958 cited
  • 1967Some Preliminary Findings on the Association between the Earnings of a Firm, Its Industry, and the Economy227 cited
  • 1968THE CONSENSUS AND ACCURACY OF SOME PREDICTIONS OF THE GROWTH OF CORPORATE EARNINGS217 cited

Cited by

  • 1980A Multivariate Analysis of Annual Earnings Forecasts Generated from Quarterly Forecasts of Financial Analysts and Univariate Time-Series Models150 cited
  • 1995THE ACCURACY AND RATIONALITY OF EARNINGS FORECASTS BY UK ANALYSTS93 cited
  • 1983Relative accuracy of judgemental and extrapolative methods in forecasting annual earnings89 cited
  • 1986Managerial intervention in forecasting. An empirical investigation of forecast manipulation86 cited
  • 1998Economic News and the Yield Curve: Evidence from the U.S. Treasury Market84 cited
  • 1977Forecasting: Issues & Challenges for Marketing Management68 cited
  • 1976OPTIMAL SPECULATION AGAINST AN EFFICIENT MARKET*65 cited

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

  • 1986Forecasting retail sales using alternative models59 cited
  • 1991Prospectus Earnings Forecasts and the Pricing of New Issues on the Unlisted Securities Market53 cited
  • 1987Autoregressive Modeling of Earnings-Investment Causality51 cited
  • 2011The Performance of Equity Analysts During the Global Financial Crisis39 cited
  • 1987Combining forecasts to improve earnings per share prediction37 cited
  • 1974Effectiveness of Earnings Per Share Forecasts35 cited
  • 1989Factors affecting the nature and effectiveness of subjective revision in sales forecasting: An empirical study34 cited
  • 1976STATISTICAL VERSUS SALES FORCE–EXECUTIVE OPINION SHORT RANGE FORECASTS: A TIME SERIES ANALYSIS CASE STUDY32 cited
  • 1978The Accuracy of Forecasts by Management and by Financial Analysts.31 cited