Exhibits 24 and 25 provide information about the earnings surprise history for two companies: Exxon Mobil Corporation
Question:
Exhibits 24 and 25 provide information about the earnings surprise history for two companies:
Exxon Mobil Corporation (NYSE: XO M) and Volkswagon AG (Xetra: VOW).
i. Explain how XO M’s SUE score of 0.16 for the quarter ending September 2013 is calculated.
ii. Based on these exhibits, for which company were the consensus forecasts less accurate over the past four quarters?
iii. Was the consensus forecast more accurate for XO M or VOW for the quarter ending March 2013?
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