I/B/E/S Estimates (IBES)
Subject:
Company data:
- Ratings and earnings forecasts
WRDS subscriptions
Keywords:
analysts, earnings forecast, earnings estimate, buy-hold-sell recommendation
Accessible to:
Aalto users
Attention:
External account registration required; data reuse must comply with the WRDS Terms of Use.

Data source type
Third party data through data vendor
License
Academic and non-commercial research purposes only
Analysis unit
Company
Geographical coverage
Global, United States
Time period coverage
1975-present
Frequency
Daily
Format
CSV, DBF, GZ, HTM, SAV, ZIP, SAS7BDAT, DTA, TXT, XLSX
Encoding
UTF8
Description
I/B/E/S (IBES), the Institutional Brokers' Estimate System, is a database from Refinitiv (previously, Thomson Reuters).
The database is accessible via the WRDS platform and provides forecasts by more than 30,000 financial analysts working at more than 3,000 brokerage firms across the world. The forecasts are provided for nearly 20,000 firms in the United States, and more than 40,000 firms internationally. The data includes summary (consensus) as well as individual analyst-level forecasts on company earnings, cash flows, dividends, EBITDA, and other important financial items. The data also contains price targets and buy-sell-hold recommendations.
The database is accessible via the WRDS platform and provides forecasts by more than 30,000 financial analysts working at more than 3,000 brokerage firms across the world. The forecasts are provided for nearly 20,000 firms in the United States, and more than 40,000 firms internationally. The data includes summary (consensus) as well as individual analyst-level forecasts on company earnings, cash flows, dividends, EBITDA, and other important financial items. The data also contains price targets and buy-sell-hold recommendations.
Distributor
Wharton Research Data Services (WRDS)
Acknowledgement
The I/B/E/S subscription is financed by the Aalto University Data Hub.
Cite as
Wharton Research Data Services. "WRDS" wrds.wharton.upenn.edu, accessed YYYY-MM-DD.
WRDS Terms of Use requiers users to acknowledge them in publications and communication by stating the following:
'Wharton Research Data Services (WRDS) was used in preparing [identify research piece]. This service and the data available thereon constitute valuable intellectual property and trade secrets of WRDS and/or its third-party suppliers.'
Contact
Access to WRDS is managed by Nikolas Breitkopf, contact via [email protected]
Supporting materials
Detailed overview of the database by WRDS:
https://wrds-www.wharton.upenn.edu/pages/support/manuals-and-overviews/i-b-e-s/ibes-estimates/general/wrds-overview-ibes/
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