Analysts’ long-term growth forecasts and the post-earnings-announcement drift

This study examines the relation between the presence of analysts’ long-term growth (LTG) forecasts and the post-earnings-announcement drift (PEAD). Using a sample of firm-quarters from 1995 to 2013, the author conducts various regression analyses. The author finds that the magnitude of PEAD i...

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Bibliographic Details
Main Author: Shuoyuan He
Format: Article
Language:English
Published: Emerald Publishing 2023-09-01
Series:China Accounting and Finance Review
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/CAFR-05-2022-0059/full/html