Summit White Paper Series: Adobe Case Study
When Estimating Reported Revenue Prior to its Release, Do Summit Data Have Statistically Significant Value?
We evaluate whether Summit data -- a B2B panel -- are a statistically significant edge for investors predicting reported quarterly earnings. EMA levels over 91-, 182-, and 365-day horizons yield significant Pearson correlations with both directional and absolute consensus error (r ~ 0.40-0.46, p < 0.05; n ~ 29 quarters). Summit data are a statistically significant value-add.
summit adobe B2B panel earnings surprise
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