Work

Financial Uncertainties in EPS and Share Prices: A Monte Carlo Study on U.S. Business Services MNCs

Year: 2024

Type: article

Abstract: This study examines the financial uncertainties in EPS income and share price predictions for 30 U.S. multinational corporations and MNCs in the Business Services Global Industry. Using Monte Carlo simulation with 20,000 iterations and a 99% confidence level, the results suggest that market consensus on EPS and share prices may be overly optimistic. The findings highlight the potential discrepancies between predicted revenue and actual market conditions, emphasizing the need for cautious forecasting in future financial analyses.

Source: International Journal of Science and Research (IJSR)

DOI: 10.21275/sr24926085653

Author: Jorge Monray

Language: English

Topic: Financial Analysis and Corporate Governance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W4402989598

FWCI:

Cites:

Cited by:

Related to: 10