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The Adjustment of Stock Prices to Announcements of Unanticipated Changes in Quarterly Earnings

O. Maurice Joy; Robert H. Litzenberger; Richard W. McEnally

Journal of Accounting Research 1977 15(2), 207

O. Maurice Joy, Robert H. Litzenberger, Richard W. McEnally, The Adjustment of Stock Prices to Announcements of Unanticipated Changes in Quarterly Earnings, Journal of Accounting Research, Vol. 15, No. 2 (Autumn, 1977), pp. 207-225

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The Adjustment of Stock Prices to Announcements of Unanticipated Changes in Quarterly Earnings