Evidence on the Possible Underweighting of Earnings-Related Information

Evidence that stock prices do not fully reflect the implications of current earnings for future earnings

1990 • 2,121 citations

POST-EARNINGS-ANNOUNCEMENT DRIFT - DELAYED PRICE RESPONSE OR RISK PREMIUM

1989 • 1,578 citations

Cross-sectional variation in the stock market response to accounting earnings announcements

1989 • 869 citations

An evaluation of alternative proxies for the market's assessment of unexpected earnings

1987 • 412 citations

The Multiperiod Information Content of Accounting Earnings: Confirmations and Contradictions of Previous Earnings Reports

1989 • 240 citations

FURTHER INSIGHT INTO THE STANDARDIZED UNEXPECTED EARNINGS ANOMALY: SIZE AND SERIAL CORRELATION EFFECTS

1987 • 96 citations

Adaptive Expectations, Time-Series Models, and Analyst Forecast Revision

1979 • 48 citations