Arguments are given to support the hypothesis that corporate earnings per share are predictable by simple forecasting models. If income numbers have predictable properties, growth is predictable and theories of corporate valuation become more credible. Notions that EPS growth are completely unpredictable are disputed. Copyright © 1983, Wiley Blackwell. All rights reserve
The paper provides an empirical characterization of the consump-tion- wealth ratio in terms of a coi...
Previous researches show that buy (growth) companies conduct income increasing earnings management i...
This paper examines the relation between a series of past earnings increases and the credibility of ...
Many factors determine stockprices. Two of the more impor-tant are earnings per share andexpected ea...
The publication of quarterly results of publicly traded companies can have a significant impact on t...
Expectations about long-term earnings growth are crucial to valuation models and cost of capital est...
Expectations about long-term earnings growth are crucial to valuation models and cost of capital est...
While numerous empirical studies include proxies for growth opportunities in their analyses, there i...
We constructed forecasts of earnings forecasts using data on 406 firms and forecasts made by 5419 in...
While numerous empirical studies include proxies for growth opportunities in their analyses, there i...
textabstractWe analyze earnings forecasts retrieved from the I/B/E/S database concerning 596 firms f...
This paper develops an equity valuation model that relates growth in expected earnings to firm value...
markdownabstract__Abstract__ An analysis of about 300000 earnings forecasts, created by 18000 ind...
Theoretically, accounting earnings could be used to estimate the intrinsic value of equity. If accou...
This paper addresses the issue of whether investors with “naïve” earnings expectations (i.e., earnin...
The paper provides an empirical characterization of the consump-tion- wealth ratio in terms of a coi...
Previous researches show that buy (growth) companies conduct income increasing earnings management i...
This paper examines the relation between a series of past earnings increases and the credibility of ...
Many factors determine stockprices. Two of the more impor-tant are earnings per share andexpected ea...
The publication of quarterly results of publicly traded companies can have a significant impact on t...
Expectations about long-term earnings growth are crucial to valuation models and cost of capital est...
Expectations about long-term earnings growth are crucial to valuation models and cost of capital est...
While numerous empirical studies include proxies for growth opportunities in their analyses, there i...
We constructed forecasts of earnings forecasts using data on 406 firms and forecasts made by 5419 in...
While numerous empirical studies include proxies for growth opportunities in their analyses, there i...
textabstractWe analyze earnings forecasts retrieved from the I/B/E/S database concerning 596 firms f...
This paper develops an equity valuation model that relates growth in expected earnings to firm value...
markdownabstract__Abstract__ An analysis of about 300000 earnings forecasts, created by 18000 ind...
Theoretically, accounting earnings could be used to estimate the intrinsic value of equity. If accou...
This paper addresses the issue of whether investors with “naïve” earnings expectations (i.e., earnin...
The paper provides an empirical characterization of the consump-tion- wealth ratio in terms of a coi...
Previous researches show that buy (growth) companies conduct income increasing earnings management i...
This paper examines the relation between a series of past earnings increases and the credibility of ...