Ninety percent of companies missed analysts’ consensus earnings forecasts over the past 11 years, according to Wall Street. In other words, companies reported quarterly earnings that were different than those forecasted by the analysts who follow them. Given the important…
Browsing: Earnings
Our philosophy encourages transparency and curiosity at every stage. This approach has been a keystone to some of our best discoveries, including Earnings Predictions and Alpha Capture. The SmallCap, LargeCap, and customized Trade Ideas are built on this same simple,…
This report contains a preview of our ongoing research on EPS company guidance. Some of the statistics and observations suggest this data set could have important alpha relevance and potential for helping to augment asset managers’ return objectives. Our work…
This paper is the first of a series where we will share the results[1] of our research using detail analyst forecast data from Thomson Financial to develop new classes of powerful component factors called ESIS (Estimate Specific Information Score). The…
Smart Earnings Forecast on IBES Earnings Data We have expanded our suite of predictive earnings model to use Thomson’s IBES earnings data products. Dating back to 1998 at the DAIS Group, we have been developing predictive earnings models using FirstCall’s…