Forecasting Earnings is the most important source of information for investors and creditors. Forecast earnings provides useful information to users. The objective of this study is to examine the relationship between earnings quality and profitability forecast, introduction of evidences on information content of earnings quality from capital market in Tehran Stock Exchange, and to have a better understanding of findings of relevant researches in the literature. The study research consists of 90 companies listed in Tehran Stock Exchange (TSE), and the research period is 2006-2015. Regression analysis is used to examine hypotheses of the study. Result shows that accruals quality, earnings predictability, and earnings timeliness have a positive and meaningful relationship with profitability forecast. Moreover, earnings persistence, and earnings management have a negative and meaningful relationship with profitability forecast. However there is no meaningful relationship between earnings value relevance and profitability forecast.
Baghomian, R., Rahbari Moghadam, A. R., Esmaeili, J., & Mohammadzadeh Mighadam, M. B. (2017). Earnings Quality and Profitability Forecast. Applied Research in Financial Reporting, 5(2), 119-142.
MLA
Rafik Baghomian; Amir Reza Rahbari Moghadam; Javad Esmaeili; Mohammad Bagher Mohammadzadeh Mighadam. "Earnings Quality and Profitability Forecast". Applied Research in Financial Reporting, 5, 2, 2017, 119-142.
HARVARD
Baghomian, R., Rahbari Moghadam, A. R., Esmaeili, J., Mohammadzadeh Mighadam, M. B. (2017). 'Earnings Quality and Profitability Forecast', Applied Research in Financial Reporting, 5(2), pp. 119-142.
VANCOUVER
Baghomian, R., Rahbari Moghadam, A. R., Esmaeili, J., Mohammadzadeh Mighadam, M. B. Earnings Quality and Profitability Forecast. Applied Research in Financial Reporting, 2017; 5(2): 119-142.
