Tuesday, September 28, 2004

Management Forecasts of Earnings

Several professors in the Acccounting Department were looking for a reliable way to find the estimates that companies make about their earnings. This data is sometimes posted on the company Web site or announced in press releases, but a better source is the First Call database that is part of ThomsonOne Analytics (in the Subotnick Center). They call the data "company issued guidelines" and list the data for each fiscal year right after the "Detailed Broker Report" sections.
To find these forecasts in ThomsonONE, select the Company tab and then "Detail/Estimates". Enter the ticker or company name to pull up the report of EPS data. The entire report can be downloaded into Excel.

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