Wharton Research Data Services Adds Thomson Reuters I/B/E/S Guidance Data

Proquest LLC

Wharton Research Data Services (WRDS), an internet-based data research service, announced the addition of the Thomson Reuters I/B/ E/S Guidance to its data offerings.

WRDS, a part of the Wharton School of the University of Pennsylvania, said it provides instant access to over 200 terabytes of data across Accounting, Banking, Economics, Finance, Insurance, Marketing and Statistics disciplines, making it a "gold standard" business intelligence tool for over 30,000 users in 32 countries.

In a release, WRDS said Thomson Reuters I/B/E/S Guidance enables researchers to directly compare analyst and management expectations and comments on company performance, and ensures that researchers are using the same accounting basis for consistent analysis. Guidance provides the user with comments directly from management about future expectations and complements Earnings Estimates, data used by every financial professional for Earnings Data.

"I/B/E/S Guidance is an ideal resource for business and academic researchers worldwide," said Robert Zarazowski, Senior Director of WRDS. "Offering more complete results for WRDS subscribers, I/B/E/S Guidance is an essential tool in the complex field of financial research."

A global database with over 8,200 companies in 50 countries and history back to 1994, academics utilize the I/B/E/S Estimates and I/ B/E/S Guidance together to form hypothesis in different directions-- resulting in conclusions that illustrate the strength of the product set.

"Today's business schools and academics are in search of key differentiated content sets that are utilized as nourishment for their academic research and publications," said Jason Yantz, Director of Quantitative Data Feeds at Thomson Reuters. "Complimenting the best of breed Thomson Reuters I/B/E/S data, I/B/ E/S Guidance is unique to the market as it provides insight into corporate management's outlook for upcoming earnings results. The combination of these two databases further strengthens the WRDS platform as the premier database for academic financial research globally."