This study aimed to investigate the effect of discretionary accruals on earnings persistence of the Egyptian listed companies, especially in the light of the scarcity of previous studies that have been subjected to study this impact in the Egyptian environment. To achieve this goal, this study examined the effect of discretionary accruals estimated by the original Jones model for one-year (two-years) ahead earnings of Egyptian listed companies. In order to test the hypotheses, the researcher relied on a sample of 110 listed non-financial Egyptian companies, with 550 firm-year observations, between 2011 and 2015, and continued their listing in the Egyptian Stock Exchange during 2016 and 2017. After controlling the effects of nondiscretionary accruals, and operating cash flows components of current earnings, the researcher found by using multiple linear regression analysis, a positive association between discretionary accruals and the future levels of earnings. Also, the results show that the operating cash flow component of earnings is more persistent than the nondiscretionary accrual component, and the nondiscretionary accrual component is more persistent than the discretionary accrual component, which indicate that discretionary accruals are the least persistent, whereas cash from operations is the most persistent, of the three earnings components.