Faculty Advisor

Wilkens, Kathryn A.

Abstract

This MQP examines financial analyst forecast revision during the life of a merger by tracing earnings-per-share forecast measures and comparing the measures of merging firms in high-tech industries with firms in non high-tech industries. Also, successfully merging firms are compared with firms that did not successfully merge to test for differences in analyst forecast revision. Results indicate significant differences exist between analysts' forecasts of earnings per share for successful and unsuccessful firms and between high and non high-tech firms.

Publisher

Worcester Polytechnic Institute

Date Accepted

January 2000

Major

Management Engineering

Project Type

Major Qualifying Project

Accessibility

Restricted-WPI community only

Advisor Department

Business

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