Forecasting Earnings: Controlling for Differences Across Industries
John Sneed
(Department of Accounting and Finance, University of Nebraska at Kearney, West Center, Room 200, Kearney, Nebraska 68849, USA)
49
Abstract
Accounting studies have attempted to forecast future attributes of firms' financial statements, primarily earnings. These studies typically adopt a cross‐sectional approach in estimating forecasting models, combining firms from different industries in the same model. This cross‐sectional approach implicitly assumes the relations between earnings and the explanatory variables are consistent across industries.
Citation
Sneed, J. (1996), "Forecasting Earnings: Controlling for Differences Across Industries", Management Research News, Vol. 19 No. 10, pp. 16-26. https://doi.org/10.1108/eb028496
Publisher
:MCB UP Ltd
Copyright © 1996, MCB UP Limited