search query: @author Conroy, R. / total: 3
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| Author: | Conroy, R. |
| Title: | Securities houses and earnings forecasts in Japan: what makes for an accurate prediction |
| Journal: | Financial Analysts' Journal
1997 : JUL/AUG, VOL. 53:4, p. 29-40 |
| Index terms: | FINANCIAL ANALYSIS JAPAN SECURITIES |
| Language: | eng |
| Abstract: | Financial analysts' earnings forecasts in Japan show a steady improvement in accuracy as the year progresses. Moreover, echoing results in the United States, sell-side forecasts in Japan are overly optimistic. Although no single security house emerges clearly as the most accurate forecaster, Japanese houses produce more accurate forecasts than Western houses operating in Japan. The improved accuracy appears to result from a better gauge of company information at the end of the fiscal year. |
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