Examining the phenomenon of rounding in analysts’ EPS forecasts: Evidence from Singapore
studies have documented the phenomenon of rounding of analysts' earnings per
share (EPS) forecasts in the USA. From the outset, it is unclear if analysts
following Singapore firms also similarly engage in the rounding of their EPS
forecasts. This study aims to investigate the extent to which analysts engage
in rounding of EPS forecasts of firms listed on the Singapore Exchange.