In financial economics and accounting research, post–earnings-announcement drift or PEAD (also named the SUE effect) is the tendency for a stock's cumulative abnormal returns to drift in the direction of an earnings surprise for several weeks (even several months) following an earnings announcement.
This paper investigates the post-earnings announcement drift (PEAD) in the multiple markets and finds its determinants in an international setting.
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Mar 25, 2021 · This paper investigates the post-earnings announcement drift (PEAD) in the multiple markets and finds its determinants in an international ...
Post-earnings announcement drift or PEAD is the tendency for a stock's cumulative abnormal returns to drift for several weeks (even several months) ...
Duration: 6:47
Posted: Feb 6, 2024
Posted: Feb 6, 2024
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The “Post-Earnings-Announcement Drift” refers to an anomaly in financial markets. It describes the drift of a firm's stock price in the direction of the ...
Oct 11, 2022 · Post–earnings-announcement drift (abbr. PEAD) is a well-researched phenomenon that describes the tendency for a stock's cumulative abnormal ...
Post-earnings-announcement drift (PEAD) is the tendency for stock prices to drift in the direction of earnings surprises in the months following quarterly ...
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This paper aims to link these two anomalies directly by studying drifts of various value and glamour portfolios; examine the different drift patterns of value ...
Missing: Multimarket Setting.
One of the most puzzling market anomalies is the post-earnings-announcement drift (henceforth drift), where stock prices continue to move in the direction of ...