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Abstract Examines the influence of annual earnings announcements on financial forecasts. Convergence of beliefs; Earnings surprise; Suggestion that annual earnings announcement should increase the convergence of analysts' forecasts of future earnings.
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Lawrence D. Brown
Columbia University
Jerry Han
Broadcom (Israel)
The Accounting Review
University at Buffalo, State University of New York
Temple University
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Brown et al. (Thu,) studied this question.
synapsesocial.com/papers/6a153f745347fbb1739f7877 — DOI: https://doi.org/10.2308/tar-9605216061