Quarters to spare?
Some 133 different corporations with an average total income of $392 million were studied in order to assess the relevance of publishing interim financial data to making accurate annual forecasts. The three performance indicators of total income, operating income, and net income of the firms were analyzed over a period of five fiscal years or 20 quarters. Results showed that interim information is an important component of published financial information especially for forecasts of total annual income.
Publication Name: CA Magazine
Analyst forecast accuracy: do ability, resources, and portfolio complexity matter?
A study used cross-sectional regression analysis to investigate whether forecasting errors made by analysts are linked to a combination of their experiences, the number of companies/industries they track and employer size. Findings suggest that forecast accuracy is positively linked to general and firm-specific forecasting experience and employer size but is negatively linked to the number of companies and industries being tracked.
Publication Name: The Journal of Accounting and Economics
- Abstracts: The price of competitiveness in competitive pricing. A call for papers: cost management concepts, firm performance, and industrial competitiveness
- Abstracts: Export demand for US orange juice: impacts of US export promotion programs. part 2 US overseas market promotion: an overview of non-price programs and expenditures
- Abstracts: Nutrient release from decomposing crop residues in soil: a laboratory experiment. part 2 The linkage between pesticide use and pesticide residues