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.

• This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.

Creator

• Silvia, John E.

Publisher

• Worcester Polytechnic Institute

Identifier

• 00C042M

Advisor

• Wilkens, Kathryn A.

Year

• 2000

Date created

• 2000-01-01

Resource type

• Major Qualifying Project

Major

• Management Engineering

Rights statement

• In Copyright