Earnings surprise research: Synthesis and perspectives

LD Brown - Financial Analysts Journal, 1997 - Taylor & Francis
An investigation of the relation between earnings surprise and three empirical anomalies—
the P/E effect, the size effect, and the Value Line enigma—indicates that the standardized …

Do investors overrely on old elements of the earnings time series?

RJ Bloomfield, R Libby… - Contemporary Accounting …, 2003 - Wiley Online Library
This paper reports an experiment demonstrating that MBA students overrely on old earnings
performance when predicting future earnings performance in a laboratory setting. In the …

Consensus expectations and international equity returns

A Bercel - Financial Analysts Journal, 1994 - Taylor & Francis
Unexpected earnings, changes in analysts' earnings-per-share forecasts, the number of
analysts revising their forecasts-all these measures have been found to be useful in …

The share market reaction to earnings announcements—a test of the efficiency of the Johannesburg Stock Exchange

N Bhana - Investment Analysts Journal, 1995 - Taylor & Francis
Rationality in financial markets implies that investors correctly use all available information
in establishing security prices (Fama, 1970). In terms of this definition researchers …

Analyst earnings forecasts for publicly traded insurance companies

DKK Fan, RW So, JJ Yeh - Review of Quantitative Finance and Accounting, 2006 - Springer
Several trends in the insurance and financial services industry, including
demutualizationconsolidation, and deregulation, have attracted increasing attention from …

The record on small companies: A review of the evidence

M Levis - Journal of Asset Management, 2002 - Springer
It is now exactly 20 years since the publication of the two pioneering papers—Banz,
R.(1981)'The Relationship between Return and Market Value of Common Stock', Journal of …

Using neural networks to predict abnormal returns of quarterly earnings

AM Safer, BM Wilamowski - IJCNN'99. International Joint …, 1999 - ieeexplore.ieee.org
Artificial neural networks are used in conjunction with the Sharpe-Linter form of the capital
asset pricing method to predict when the returns on US stocks will be greater than financial …

Earnings announcements and portfolio selection. Do they add value?

DN Nawrocki, WL Carter - International Review of Financial Analysis, 1998 - Elsevier
One of the thorniest problems in investment research is to integrate academic research into
a viable investment product. Research techniques that have shown promise in academic …

[PDF][PDF] How Stock Prices React to Managerial Decisions and Other Profit Signaling Events in the Hellenic Mobile Telecom Market

A Christopoulos, K Vergos… - Journal of Money …, 2008 - academia.edu
The aim of this paper is to examine the effect of actions by the management of COSMOTE,
the leading Greek mobile operator, actions by HTO, its parent company, economic …

L'impact de l'annonce de bénéfices sur le marché financier français

EES Atron - 2005 - theses.fr
Résumé Ce travail est dans la lignée des études sur le contenu informationnel des
annonces de bénéfices mis en évidence par Ball et Brown (1968) et Beaver (1968). Ces …