Time Will Tell: Information in the Timing of Scheduled Earnings News
Using novel earnings calendar data, we show that firms’ advanced scheduling of earnings announcement dates foreshadows their earnings news. Firms that schedule later-than-expected announcement dates subsequently announce worse news than those scheduling earlier-than-expected announcement dates. Desp...
Main Authors: | , |
---|---|
Other Authors: | |
Format: | Article |
Language: | English |
Published: |
Cambridge University Press (CUP)
2019
|
Online Access: | https://hdl.handle.net/1721.1/122364 |