What is a consensus earnings forecast


Response to the following questions:

1. a. What is a consensus earnings forecast?

b. What are the issues related to using analysts' forecasted earnings per share?

2. The Close-Call Co. announced earnings of $2.15 per share for the 1998 fiscal year. The consensus analyst forecast for 1998 earnings was $2.

 

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Financial Accounting: What is a consensus earnings forecast
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