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The Impact of Annual Earnings Announcements on Convergence of Beliefs.
8 references·16 citing·51 second hop
The Impact of Annual Earnings Announcements on Convergence of Beliefs. (1992)The Impact of Annual Earnings Announcemen…The timing of and incentives for annual earnings forecasts near interim earnings announcements (1989)The timing of and incentives …Cross-sectional variation in the stock market response to accounting earnings announcements (1989)Cross-sectional variation in …An Information Interpretation of Financial Analyst Superiority in Forecasting Earnings (1987)An Information Interpretation…Security Analyst Multi-Year Earnings Forecasts and the Capital Market (1985)Security Analyst Multi-Year E…Professional Expectations: Accuracy and Diagnosis of Errors (1984)Professional Expectations: Ac…The Time-Series Properties of Annual Earnings (1977)The Time-Series Properties of…The Time Series of Annual Accounting Earnings (1977)The Time Series of Annual Acc…SOME TIME SERIES PROPERTIES OF ACCOUNTING INCOME (1972)SOME TIME SERIES PROPERTIES O…The effects of manager sentiment in financial disclosure: Perspectives of operational efficiency and market reaction (2024)The effects of manager sentim…Corporate Governance and Transparency in Japan (2021)Corporate Governance and Tran…Determinants of the relationship between investor sentiment and analysts’ private information production (2018)Determinants of the relations…Tests of investor learning models using earnings innovations and implied volatilities (2016)Tests of investor learning mo…The Effects of Conservative Reporting on Investor Disagreement (2015)The Effects of Conservative R…The Effect of Analyst Forecasts During Earnings Announcements on Investor Responses to Reported Earnings (2015)The Effect of Analyst Forecas…Post‐crisis bank liquidity risk management disclosure (2013)Post‐crisis bank liquidity ri…The options market response to accounting earnings announcements (2012)The options market response t…The Effect of Financial Analysts' Strategic Behavior on Analysts' Forecast Dispersion (2012)The Effect of Financial Analy…Uncertainty and Expectation Revisions after Earnings Announcements* (2009)Uncertainty and Expectation R…Earnings characteristics and analysts’ differential interpretation of earnings announcements: An empirical analysis (2009)Earnings characteristics and …The stock price effects of changes in dispersion of investor beliefs during earnings announcements (2008)The stock price effects of ch…The Influence of Forecast Dispersion on the Incremental Explanatory Power of Earnings, Book Value, and Analyst Forecasts on Market Prices (2007)The Influence of Forecast Dis…Market Sidedness: Insights into Motives for Trade Initiation (2007)Market Sidedness: Insights in…Do analysts overreact to extreme good news in earnings? (2007)Do analysts overreact to extr…Accuracy, usefulness and the evaluation of analysts’ forecasts (2003)Accuracy, usefulness and the …Dividend Policy: An Empirical Analysis (1968)Time Series Analysis: Forecasting and Control (1977)The Theoretical Relationship Between Systematic Risk and Financial (Accounting) Variables (1979)The Ability of Earnings to Predict Future Earnings and Cash Flow (1994)Determinants of profitability in European manufacturing and services: evidence from a dynamic panel model (2005)The Behavior of Stock-Market Prices (1965)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)On cross-sectional analysis in accounting research (1987)Earnings forecasting research: its implications for capital markets research (1993)Market Expectations in the Cross‐Section of Present Values (2013)Financial analysts' forecasts of earnings (1982)The theory and practice of econometrics (1986)Analysts' forecasts as earnings expectations (1988)A Note on the Association between Audit Firm Size and Audit Quality* (1993)Analyst Following and Market Liquidity* (2003)ESG Controversies, ESG Disclosure and Analyst Forecast Accuracy (2022)Risk, Return, and Equilibrium: Empirical Tests (1973)Risk and return: The case of merging firms (1974)Analysts' Forecast Precision as a Response to Competition (1995)Understanding analysts' use of stock returns and other analysts' revisions when forecasting earnings (2010)Can CSR Disclosure Protect Firm Reputation During Financial Restatements? (2020)Dividend Policy, Growth, and the Valuation of Shares (1961)An Empirical Evaluation of Accounting Income Numbers (1968)Positive Accounting Theory (1985)Association between accounting performance measures and stock prices (1992)Price and return models (1995)The implied cost of capital: A new approach (2011)Efficiency Estimation from Cobb-Douglas Production Functions with Composed Error (1977)Formulation and estimation of stochastic frontier production function models (1977)On the estimation of technical inefficiency in the stochastic frontier production function model (1982)Evaluating Implied Cost of Capital Estimates (2011)Goodwill Impairment Charges and Analyst Forecast Properties (2014)Intra-industry information transfers: evidence from changes in implied volatility around earnings announcements (2019)Economic Forecasts and Policy (1962)Applied Economic Forecasting (1967)THE SUPERIORITY OF ANALYST FORECASTS AS MEASURES OF EXPECTATIONS: EVIDENCE FROM EARNINGS (1978)Corporate Financial Policy, Information, and Market Expectations: An Empirical Investigation of Dividends (1987)Are Financial Analysts' Forecasts of Corporate Profits Rational? (1998)An analysis of intertemporal and cross-sectional determinants of earnings response coefficients (1989)Earnings, Book Values, and Dividends in Equity Valuation* (1995)Toward an Implied Cost of Capital (2001)Product competitiveness and beating analyst earnings target (2009)What Information Matters to Investors at Different Stages of a Firm's Life Cycle? (2018)ESG rating confusion and bond spreads (2023)Stock Returns and Accounting Earnings (2000)Norm Theory: Comparing Reality to Its Alternatives (2002)Measuring Investors' Opinion Divergence (2009)Repurchase tender offers and earnings information (1991)Price-earnings regressions in the presence of prices leading earnings (1992)A Re-Examination of Analysts’ Superiority over Time-Series Forecasts of Annual Earnings (2011)
this work references cited by second hop

References

  • 1989Cross-sectional variation in the stock market response to accounting earnings announcements816 cited
  • 1972SOME TIME SERIES PROPERTIES OF ACCOUNTING INCOME454 cited
  • 1977The Time Series of Annual Accounting Earnings336 cited
  • 1985Security Analyst Multi-Year Earnings Forecasts and the Capital Market333 cited
  • 1987An Information Interpretation of Financial Analyst Superiority in Forecasting Earnings317 cited
  • 1984Professional Expectations: Accuracy and Diagnosis of Errors269 cited
  • 1977The Time-Series Properties of Annual Earnings216 cited
  • 1989The timing of and incentives for annual earnings forecasts near interim earnings announcements148 cited

Cited by

  • 2007The Influence of Forecast Dispersion on the Incremental Explanatory Power of Earnings, Book Value, and Analyst Forecasts on Market Prices63 cited
  • 2012The Effect of Financial Analysts' Strategic Behavior on Analysts' Forecast Dispersion59 cited
  • 2015The Effect of Analyst Forecasts During Earnings Announcements on Investor Responses to Reported Earnings47 cited
  • 2016Tests of investor learning models using earnings innovations and implied volatilities46 cited
  • 2008The stock price effects of changes in dispersion of investor beliefs during earnings announcements44 cited
  • 2003Accuracy, usefulness and the evaluation of analysts’ forecasts

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44 cited
  • 2009Uncertainty and Expectation Revisions after Earnings Announcements*38 cited
  • 2007Do analysts overreact to extreme good news in earnings?31 cited
  • 2015The Effects of Conservative Reporting on Investor Disagreement30 cited
  • 2012The options market response to accounting earnings announcements26 cited
  • 2013Post‐crisis bank liquidity risk management disclosure24 cited
  • 2007Market Sidedness: Insights into Motives for Trade Initiation22 cited
  • 2018Determinants of the relationship between investor sentiment and analysts’ private information production20 cited
  • 2021Corporate Governance and Transparency in Japan17 cited
  • 2024The effects of manager sentiment in financial disclosure: Perspectives of operational efficiency and market reaction15 cited
  • 2009Earnings characteristics and analysts’ differential interpretation of earnings announcements: An empirical analysis15 cited