Slavin, Greg

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  • Publication
    Aggregating Earnings per Share Forecasts
    (2007-04-01) Slavin, Greg
    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.