Prediction of earnings studies have all concluded that forecasts are less accurate if they are based on line-of-business segmental data rather than consolidated earnings.

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Studies on prediction of earnings have shown that forecasts based on line-of-business segmental data can be more accurate than those based on consolidated earnings. This is because segmental data provides more detailed information about the different areas of a company's operations, allowing for a more nuanced analysis.

Prediction of Earnings Studies Have All Concluded That Forecasts Are