Timeliness of Analysts' Forecasts: The Information Content of Delayed Forecasts


  • Accepted by Patricia O'Brien. We thank two anonymous reviewers, Jeff Abarbanell, Sid Balachandran, Orie Barron, Bala Dharan, Chandra Kanodia, Stan Markov, Rajdeep Singh, Ane Tamayo, Greg Waymire, the participants of the University of Minnesota Empirical Conference, the Financial Economics and Accounting Conference, the Lone Star Accounting Research Conference, and workshop participants at the Hong Kong University of Science and Technology and the National University of Singapore for valuable comments and suggestions.