Synapse
⌘+K
Synapse
PulseExploreClubsResearchersJournals
Instagram
HomeClubsExplore
March 18, 2026The Accounting Review

The Market Interpretation of Management Earnings Forecasts as a Predictor of Subsequent Financial Analyst Forecast Revision.

View Full Paper
Ask AI
Bookmark
Share

Authors

SBStephen P. BaginskiJHJohn M. HassellIndiana University – Purdue University Indianapolis

Discussion

Loading...

Member takes

Implication

Analyzing how management earnings forecasts predict financial analyst forecast revisions, suggesting valuable insights for investors.

Key Points

  • This research aims to examine how management earnings forecasts impact financial analyst revisions and whether market reactions can predict these revisions.
  • Analyzed management earnings forecast news and its timing.
  • Examined the relationship between security market price reactions and analyst forecast revisions.
  • Utilized statistical analysis to assess the predictive power of price reactions.
  • Found that security price reactions to management forecasts can effectively predict analyst forecast revisions.
  • Demonstrated that the effectiveness of price reactions varies based on the timing of the management forecast release.

Cite This Study

Baginski et al. (1990) studied this question.

synapsesocial.com/papers/69ba43764e9516ffd37a4b43https://doi.org/10.2308/tar-9603274035
View Full Paper
Ask AI
Bookmark
Share

Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1Security Price Response to Quarterly Earnings Announcements and Analysts' Forecast Revisions.1989
  2. 2Common Stock Returns Surrounding Earnings Forecast Revisions: More Puzzling Evidence.1991 · 5 citations
  3. 3Relative Forecast Accuracy and the Timing of Earnings Forecast Announcements.1986 · 3 citations
  4. 4A Note on the Informational Content of Corporate Annual Earnings Forecasts.1978
  5. 5An Evaluation of Security Analysts' Forecasts.1978 · 3 citations