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Wharton Research Data Services (WRDS) Announces Addition of Thomson Reuters I/B/E/S Guidance Data

Wharton Research Data Services (WRDS), the leading comprehensive, internet-based data research service, announces 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, provides instant access to over 200 terabytes of data across Accounting, Banking, Economics, Finance, Insurance, Marketing and Statistics disciplines, making it the gold standard business intelligence tool for over 30,000 users in 32 countries.

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.”

About Thomson Reuters

Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world’s most trusted news organization.

Our Financial & Risk division provides solutions to the global financial community—delivering critical news, information and analytics, enabling transactions and connecting communities of trading, investing, financial and corporate professionals.

We help our customers generate superior returns, improve risk and compliance management, increase access to liquidity and create efficient, reliable infrastructures in increasingly global, electronic and multi-asset class markets. For more information, go to http://thomsonreuters.com/financial

About WRDS and the Wharton School

Wharton Research Data Services (WRDS) is the leading data research platform and business intelligence tool for over 30,000 corporate, academic, government and nonprofit clients. More than 350 institutions in 32 countries trust WRDS for instant access to over 200 terabytes of data across multiple disciplines including Accounting, Banking, Economics, Finance, Insurance, Marketing and Statistics. WRDS offers flexible data delivery options including a powerful web query method that significantly reduces research time; the WRDS Cloud for research and strategy development; and the WRDS client server featuring PCSAS, Matlab and R, among many others. Our analytics team, doctoral-level support and rigorous data review and validation give clients the confidence to tailor research within complex databases and create a wide range of reliable data models including Portfolio Construction & Benchmarks, Event Studies, Returns and Market-to-Book Ratios and Momentum.

From partnerships with leading data vendors to our own tools – including OTIS, an online trading and investment simulator and WRDS Quant Alpha, a powerful tool to discover and test unknown stock anomalies — WRDS is the global gold standard in data management and research, all backed by the credibility and leadership of Wharton Business School. www.whartonwrds.com

Founded in 1881 as the first collegiate business school, the Wharton School of the University of Pennsylvania is recognized globally for intellectual leadership and ongoing innovation across every major discipline of business education. With a broad global community and one of the most published business school faculties, Wharton creates economic and social value around the world. The School has 5,000 undergraduate, MBA, executive MBA, and doctoral students; more than 9,000 participants in executive education programs annually and a powerful alumni network of 92,000 graduates.

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