Interpreting corporate earnings announcements, understanding earnings revisions and earnings surprises is key to accurately tracking investment performance. Analysts, Lies and Statistics is the first comprehensive guide examining the process of issuing corporate earnings announcements and pre-announcements. Do financial managers and analysts mediate corporate earnings announcements, and what conflicts of interests can affect the release of corporate information? This timely book will ensure all investors understand the quality and veracity of earnings information and help them make the right investment decisions.