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Showing 1 to 1 of 1 for “"Analysts' long-term growth forecasts"”.

  1. Analysts' long-term growth forecasts and the post-earnings-announcement drift

    I examine the relation between the presence of analystslong-term growth (LTG) forecasts and the post-earnings-announcement drift (PEAD). Using a sample of firm-quarters from 1995 to 2013, I find that the magnitude of PEAD is significantly smaller for firms with LTG forecasts. The relationship …

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