GAUGE: Grading Agent-Built Financial Models Without a Golden Answer

arXiv:2607.24889v1 Announce Type: new Abstract: Financial models combine public disclosures with analyst assumptions to produce forecasts and valuations. While some components can be checked mechanically, forecasts, discount rates, and target prices often admit multiple reasonable answers. Existing benchmarks nevertheless tend to grade such outputs against a single expert reference. Using independently built analyst models for the same companies, we find that across 108 directed pairs covering 6...