Filling in the GAAPs in Individual Analysts’ Street Earnings Forecasts
References
- (2009) Analysts’ incentives and street earnings. J. Accounting Res. 47(1):45–69.Crossref, Google Scholar
- (2012) Why do pro forma and Street earnings not reflect changes in GAAP? Evidence from SFAS 123R. Rev. Accounting Stud. 17(3):526–562.Crossref, Google Scholar
- (2018) Disentangling managers’ and analysts’ non-GAAP reporting. J. Accounting Res. 56(4):1039–1081.Crossref, Google Scholar
- (2019) Do analysts say anything about earnings without revising their earnings forecasts? Accounting Rev. 94(2):29–52.Crossref, Google Scholar
- (2016) Analyst information precision and small earnings surprises. Rev. Accounting Stud. 21:1327–1360.Crossref, Google Scholar
- (2021a) Comparing non-GAAP EPS in earnings announcements and proxy statements. Management Sci. 68(2):1353–1377.Link, Google Scholar
- (2021b) Non-GAAP earnings: A consistency and comparability crisis. Contemp. Accounting Res. 38(3):1712–1747.Crossref, Google Scholar
- (2018) Non-GAAP reporting: Evidence from academia and current practice. J. Bus., Finance, Accounting 45(3-4):259–294.Crossref, Google Scholar
- (2019) The influence of manager-analyst interactions on street earnings: Evidence from conference calls and excluded analysts. Working paper, University of Oklahoma, Norman, OK.Google Scholar
- Bochkay K, Markov S, Subasi M, Weisbrod E (2022) The roles of data providers and analysts in the production, dissemination, and pricing of street earnings. J. Accounting Res. Forthcoming.Google Scholar
- (2018) Analysts’ GAAP earnings forecasts and their implications for accounting research. J. Accounting Econom. 66(1):46–66.Crossref, Google Scholar
- (2002) GAAP vs. the street: An empirical assessment of two alternative definitions of earnings. J. Accounting Res. 40(1):41–66.Crossref, Google Scholar
- (2022) On the informativeness of expected and unexpected exclusions from street earnings. Working paper, University of Kentucky, Lexington, KY.Google Scholar
- (2013) I/B/E/S reported actual EPS and analysts’ inferred actual EPS. Accounting Rev. 88(3):853–880.Crossref, Google Scholar
- (2020) Detecting opportunistic special items. Management Sci. 66(5):2099–2119.Link, Google Scholar
- (2009) Are analysts’ earnings forecasts more accurate when accompanied by cash flow forecasts. Rev. Accounting Stud. 14(2-3):358–391.Crossref, Google Scholar
- (2021) Disclosure prominence and the quality of non-GAAP earnings. J. Accounting Res. 59(1):163–213.Crossref, Google Scholar
- (2010) Do analysts and investors fully understand the persistence of the items excluded from Street earnings? Rev. Accounting Stud. 15:32–69.Crossref, Google Scholar
- (2011) Do managers use earnings guidance to influence street earnings exclusions? Rev. Accounting Stud. 16(3):501–527.Crossref, Google Scholar
- (1999) Analyst forecast accuracy: Do ability, resources, and portfolio complexity matter? J. Accounting Econom. 27(3):285–303.Crossref, Google Scholar
- (2003) Do investors respond to analysts’ forecast revisions as if forecast accuracy is all that matters? Accounting Rev. 78(1):227–249.Crossref, Google Scholar
- (2002) Differences of opinion and the cross section of stock returns. J. Finance 57(5):2113–2141.Crossref, Google Scholar
- (2022) Rationalizing forecast inefficiency. Rev. Accounting Stud. 27(1):313–343.Crossref, Google Scholar
- (2015) Accounting conservatism and street earnings. Rev. Accounting Stud. 20(2):674–709.Crossref, Google Scholar
- (1999) Expertise in forecasting performance of security analysts. J. Accounting Econom. 28(1):51–82.Crossref, Google Scholar
- (2021) Truncating optimism. J. Accounting Res. 59(5):1827–1884.Crossref, Google Scholar
- (2017) The effects of disclosure and analyst regulations on the relevance of analyst characteristics for explaining analyst forecast accuracy. J. Bus., Finance, Accounting 44(5-6):780–811.Crossref, Google Scholar
- (2002) Earnings surprise “materiality” as measured by stock returns. J. Accounting Res. 40(5):1297–1329.Crossref, Google Scholar
- (2015) Product market power and tax avoidance: Market leaders, mimicking strategies, and stock returns. Accounting Rev. 90(2):675–702.Crossref, Google Scholar
- (2016) S&P 500 Earnings: Far worse than advertised. Wall Street Journal (February 24).Google Scholar
- (2018) Comparability of street earnings and its economic consequences. Working Paper, Lancaster University, Lancaster, UK.Google Scholar
- (1997) Do security analysts improve their performance with experience? J. Accounting Res. 35(supplement):131–157.Crossref, Google Scholar
- (2006) Security analyst and stock market efficiency in anticipating tax-motivated income shifting. Accounting Rev. 81(1):227–250.Crossref, Google Scholar
- (2022) The earnings expectations game and the dispersion anomaly. Management Sci. 68(4):3129–3149.Link, Google Scholar
- (2015) The great unknown: why exclude “other” items from non-GAAP earnings calculations in a post-Reg G world? Working paper, University of Georgia, Athens, GA.Google Scholar

