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The Effect of Analyst Forecasts During Earnings Announcements on Investor Responses to Reported Earnings
16 references·4 citing·48 second hop
The Effect of Analyst Forecasts During Earnings Announcements on Investor Responses to Reported Earnings (2015)The Effect of Analyst Forecasts During Ea…The financial reporting environment: Review of the recent literature (2010)The financial reporting envir…Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)Estimating Standard Errors in…Credibility of Management Forecasts (2005)Credibility of Management For…The Walk‐down to Beatable Analyst Forecasts: The Role of Equity Issuance and Insider Trading Incentives* (2004)The Walk‐down to Beatable Ana…Management's Incentives to Avoid Negative Earnings Surprises (2002)Management's Incentives to Av…Earnings Surprises, Growth Expectations, and Stock Returns or Don't Let an Earnings Torpedo Sink Your Portfolio (2002)Earnings Surprises, Growth Ex…The capitalization, amortization, and value-relevance of R&D (1996)The capitalization, amortizat…The information content of losses (1995)The information content of lo…Differential Interpretation of Public Signals and Trade in Speculative Markets (1995)Differential Interpretation o…Market liquidity and volume around earnings announcements (1994)Market liquidity and volume a…Tests of Analysts' Overreaction/Underreaction to Earnings Information as an Explanation for Anomalous Stock Price Behavior (1992)Tests of Analysts' Overreacti…Cross-sectional variation in the stock market response to accounting earnings announcements (1989)Cross-sectional variation in …Analysts' forecasts as earnings expectations (1988)Analysts' forecasts as earnin…Earnings Innovations, Earnings Persistence, and Stock Returns (1987)Earnings Innovations, Earning…Predisclosure Information, Firm Capitalization, and Security Price Behavior Around Earnings Announcements (1985)Predisclosure Information, Fi…Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Test (1976)Corporate Forecasts of Earnin…The association between current earnings surprises and the ex post bias of concurrently issued management forecasts (2022)The association between curre…Securities and Exchange Commission Regulation and Non-GAAP Income Statements (2022)Securities and Exchange Commi…Bundled Earnings Guidance and Analysts' Forecast Revisions* (2021)Bundled Earnings Guidance and…Information Environment Consequences of SEC Non-GAAP Comment Letters (2017)Information Environment Conse…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Measuring security price performance (1980)Event Studies in Economics and Finance (1997)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Continuous Auctions and Insider Trading (1985)Disclosure, Liquidity, and the Cost of Capital (1991)Spreads, Depths, and the Impact of Earnings Information: An Intraday Analysis (1993)Disclosure Policy, Information Asymmetry, and Liquidity in Equity Markets* (1995)Illiquidity and Stock Returns II: Cross-Section and Time-Series Effects (2018)The Structure of Scientific Revolutions (1963)A Theory of Intraday Patterns: Volume and Price Variability (1988)Breadth of ownership and stock returns (2002)Differences of Opinion, Short-Sales Constraints, and Market Crashes (2003)Disagreement and the Stock Market (2007)Earnings Management During Import Relief Investigations (1991)Debt covenant violation and manipulation of accruals (1994)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)Detecting Earnings Management (2012)The Cross-Section of Expected Stock Returns (1992)Dynamic capabilities and strategic management (1997)Corporate social responsibility and access to finance (2013)An Empirical Evaluation of Accounting Income Numbers (1968)The relationship between return and market value of common stocks (1981)Reputation and Performance Among Security Analysts (1992)The Geography of Equity Analysis (2005)Contrarian Investment, Extrapolation, and Risk (1994)Investor Psychology and Security Market Under‐ and Overreactions (1998)Driven to Distraction: Extraneous Events and Underreaction to Earnings News (2009)Managing the Message: The Effects of Firm Actions and Industry Spillovers on Media Coverage Following Wrongdoing (2012)Wisdom of Crowds: The Value of Stock Opinions Transmitted Through Social Media (2014)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)Earnings quality: Evidence from the field (2013)The Economics of Disclosure and Financial Reporting Regulation: Evidence and Suggestions for Future Research (2016)Dissecting green returns (2022)Risk, Return, and Equilibrium: Empirical Tests (1973)Specification Tests in Econometrics (1978)Econometric Analysis of Cross Section and Panel Data (2001)Robust Standard Errors for Panel Regressions with Cross-Sectional Dependence (2007)Robust Inference With Multiway Clustering (2011)Policy Uncertainty and Corporate Investment (2015)The conservatism principle and the asymmetric timeliness of earnings1 (1997)Earnings Management through Real Activities Manipulation (2003)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)
this work references cited by second hop

References

  • 2008Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches10,793 cited
  • 2010The financial reporting environment: Review of the recent literature2,622 cited
  • 1995The information content of losses2,315 cited
  • 1996The capitalization, amortization, and value-relevance of R&D1,947 cited
  • 1994Market liquidity and volume around earnings announcements1,786 cited
  • 1976Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Test1,749 cited
  • 2002Management's Incentives to Avoid Negative Earnings Surprises1,615 cited
  • 2002Earnings Surprises, Growth Expectations, and Stock Returns or Don't Let an Earnings Torpedo Sink Your Portfolio1,471 cited
  • 1995Differential Interpretation of Public Signals and Trade in Speculative Markets1,192 cited
  • 1985Predisclosure Information, Firm Capitalization, and Security Price Behavior Around Earnings Announcements1,005 cited
  • 1992Tests of Analysts' Overreaction/Underreaction to Earnings Information as an Explanation for Anomalous Stock Price Behavior1,003 cited
  • 1988Analysts' forecasts as earnings expectations985 cited
  • 2005Credibility of Management Forecasts914 cited
  • 1987Earnings Innovations, Earnings Persistence, and Stock Returns909 cited

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2004
The Walk‐down to Beatable Analyst Forecasts: The Role of Equity Issuance and Insider Trading Incentives*
848 cited
  • 1989Cross-sectional variation in the stock market response to accounting earnings announcements816 cited
  • Cited by

    • 2022Securities and Exchange Commission Regulation and Non-GAAP Income Statements35 cited
    • 2022The association between current earnings surprises and the ex post bias of concurrently issued management forecasts25 cited
    • 2021Bundled Earnings Guidance and Analysts' Forecast Revisions*20 cited
    • 2017Information Environment Consequences of SEC Non-GAAP Comment Letters20 cited