
CUREJ - College Undergraduate Research Electronic Journal
Aggregating Earnings per Share Forecasts
Division: Social Sciences
Dept/Program: Economics
Document Type: Undergraduate Student Research
Mentor(s): Frank Schorfheide
Date of this Version: 01 April 2007
This document has been peer reviewed.
Abstract
Research analyst forecast accuracy has been the focus of many studies, but only Brown and Mohammad (2001) consider different ways of weighting individual forecasts to create consensus estimates of earnings per share. I add to the existing literature by suggesting a technique to reduce forecast errors by 29%, which is 13% more accurate than the method employed by Brown and Mohammad.
Suggested Citation
Slavin, Greg, "Aggregating Earnings per Share Forecasts" 01 April 2007. CUREJ: College Undergraduate Research Electronic Journal, University of Pennsylvania, https://repository.upenn.edu/curej/67.
Date Posted: 08 August 2007
This document has been peer reviewed.