SSRNLLMs & Text

The News in Earnings Announcement Disclosures: Capturing Word Context Using LLM Methods

The paper reveals that textual disclosures in companies' earnings announcements, analyzed through a large language model, account for a significant portion of stock return variations and immediate price revisions.

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Featured in No. 91 on 2 Apr 2025 · 36 days after release · 40 citations today · published in Manag. Sci.

Released: 25 Feb 2025
First featured: No. 91 · 2 Apr 2025
Citations (Semantic Scholar): 40
Influential citations: 0
Published in: Manag. Sci.
Shares when featured: 3
Identifier: SSRN 5198675

Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).

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