Keywords: Analyst forecast
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Journal Articles
China Accounting and Finance Review (2023) 25 (2): 184–219.
Published: 03 August 2022
.../methodology/approach The authors use an event study methodology to capture market reactions to MBE. Findings The authors document a stock return premium for beating analyst forecasts by a wide margin. However, there is no stock return premium for firms that meet or just beat analyst forecasts, suggesting...

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