This page provides other resources that are useful for management guidance research.
Data and Code Sharing: Forward-Looking Statements (FLS) in Earnings Press Releases
Using natural language processing to extract and classify guidance from forward-looking statements (FLS) is an important methodology in the management guidance literature.
We share data on FLS in earnings press releases for Compustat firms (17,299 unique ciks) for the years 2005-2023. We also share Python scripts for constructing such data from scratch. To download the data and code, please complete this form: Click to download FLS data and code.