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

[1]  Richard R. Mendenhall.  Evidence on the Possible Underweighting of Earnings-Related Information , 1991 .

[2]  S. P. Kothari,et al.  Economic determinants of the relation between earnings changes and stock returns , 1990 .

[3]  S. Penman,et al.  FINANCIAL STATEMENT ANALYSIS AND THE PREDICTION OF STOCK RETURNS , 1989 .

[4]  Donald B. Keim.  Trading patterns, bid-ask spreads, and estimated security returns: The case of common stocks at calendar turning points , 1989 .

[5]  M. Zmijewski,et al.  Cross-sectional variation in the stock market response to accounting earnings announcements☆ , 1989 .

[6]  R. Freeman,et al.  The Multiperiod Information-Content Of Accounting Earnings - Confirmations And Contradictions Of Previous Earnings Reports , 1989 .

[7]  Victor L. Bernard,et al.  POST-EARNINGS-ANNOUNCEMENT DRIFT - DELAYED PRICE RESPONSE OR RISK PREMIUM , 1989 .

[8]  M. Marais.  Discussion of Post-Earnings-Announcement Drift: Delayed Price Response or Risk Premium? , 1989 .

[9]  Stephen H. Penman,et al.  Accounting Measurement, Price-Earnings Ratio, and the Information Content of Security Prices , 1989 .

[10]  K. Brown,et al.  Risk aversion, uncertain information, and market efficiency , 1988 .

[11]  L. Brown,et al.  An Evaluation of Alternative Proxies for the Market's Assessment of Unexpected Earnings , 2008 .

[12]  Ravi Jagannathan,et al.  Seasonalities in security returns: The case of earnings announcements , 1988 .

[13]  J. Poterba,et al.  Mean Reversion in Stock Prices: Evidence and Implications , 1987 .

[14]  Richard J. Rendleman,et al.  FURTHER INSIGHT INTO THE STANDARDIZED UNEXPECTED EARNINGS ANOMALY: SIZE AND SERIAL CORRELATION EFFECTS , 1987 .

[15]  Victor L. Bernard,et al.  CROSS-SECTIONAL DEPENDENCE AND PROBLEMS IN INFERENCE IN MARKET-BASED ACCOUNTING RESEARCH , 1987 .

[16]  Roger C. Kormendi,et al.  Earnings Innovations, Earnings Persistence, and Stock Returns , 1987 .

[17]  Kenneth S. Lorek,et al.  The relationship between time-series models and the security market's expectation of quarterly earnings , 1984 .

[18]  V. Bernard.  The Use of market data and accounting data in hedging against consumer price inflation , 1984 .

[19]  Stephen H. Penman,et al.  Timeliness Of Reporting And The Stock-Price Reaction To Earnings Announcements , 1984 .

[20]  Richard J. Rendleman,et al.  Empirical anomalies based on unexpected earnings and the importance of risk adjustments , 1982 .

[21]  Lawrence D. Brown,et al.  Univariate Time-Series Models of Quarterly Accounting Earnings per Share: A Proposed Model , 1979 .

[22]  R. Watts.  Systematic ‘abnormal’ returns after quarterly earnings announcements , 1978 .

[23]  Ws Albrecht,et al.  TIME-SERIES PROPERTIES OF ANNUAL EARNINGS , 1977 .

[24]  O. Joy,et al.  ADJUSTMENT OF STOCK-PRICES TO ANNOUNCEMENTS OF UNANTICIPATED CHANGES IN QUARTERLY EARNINGS , 1977 .

[25]  J. Jaffe.  Special Information and Insider Trading , 1974 .

[26]  E. Fama,et al.  Risk, Return, and Equilibrium: Empirical Tests , 1973, Journal of Political Economy.