Security analyst superiority relative to univariate time-series models in forecasting quarterly earnings

Journal of Accounting and Economics

Volumn 9, Issue 1, 1987, Pages 61-87

  Brown, Lawrence D ^a   Hagerman, Robert L ^a   Griffin, Paul A ^b   Zmijewski, Mark E ^c  

^a UNIVERSITY AT BUFFALO   (United States)

^b UNIVERSITY OF CALIFORNIA   (United States)

^c UNIVERSITY OF CHICAGO   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 45949121023     PISSN: 01654101     EISSN: None     Source Type: Journal    
DOI: 10.1016/0165-4101(87)90017-6     Document Type: Article

References (30)

1. Research on earnings forecasts: The state of the art
2. Applications of time-series analysis in accounting A review
3. The information content of security prices
4. Perspectives on forecasting research in accounting and finance
5. The superiority of analyst forecasts as measures of expectations Evidence from earnings
6. Univariate time-series models of quarterly accounting earnings per share A proposed model
7. The effect of labor strikes on security analysts' forecast superiority and on the association between risk-adjusted stock returns and unexpected earnings
8. An evaluation of alternative proxies for the market's expectation of earnings
9. Timeliness of reporting and the stock price reaction to earnings announcements
10. A multivariate analysis of annual earnings generated from quarterly forecasts of financial analysts and univariate time-series models
11. The predictability of interim earnings over alternative quarters
12. The consensus and accuracy of some predictions of the growth of corporate earnings
13. Earnings estimates and the accuracy of expectational data
14. Quarterly accounting data: Time-series properties and predictive ability results
15. Intra-industry information transfers associated with earnings releases
16. Earnings releases, anomalies, and the behavior of securities returns
17. Book rate-of-return and prediction of earnings changes An empirical investigation
18. Financial analysts' forecasts of earnings A better surrogate for market expectations
19. Time series behavior of quarterly earnings Preliminary evidence
20. An evaluation of univariate time-series earnings models and their generalization to a single input transfer function
21. Analysis and comparison of earnings forecast agents
22. The predictive content of earnings forecasts and dividends
23. Empirical anomalies based on unexpected earnings and the importance of risk adjustments
24. Systematic ‘abnormal’ returns after quarterly earnings announcements