Market research and IBES
The 50 stocks in the Fly High Investing portfolio are heavily researched and monitored. We inform of any updates each weekend if we feel any action is proposed on the UPDATES AND PERFORMANCE tab and although this happens only a few times a year, if there are concerns for future Earnings coverage of any one stock. you may see rotations within the portfolio. Research at Fly High includes many information sources and direct review of company SEC filings to maintain the viability of the portfolio and using IBES is one of them.
If you are wondering about IBES, which stands for Institutional Brokers’ Estimate System, it is a financial data service provided by Refinitiv, a subsidiary of the London Stock Exchange Group. IBES offers consensus estimates of earnings and other financial metrics, compiled from the forecasts of financial analysts. These estimates are widely used by investors, financial professionals, and companies to gauge market expectations and make informed investment decisions. Although London based, IBES covers U.S. stock market companies extensively, providing detailed financial estimates such as earnings forecasts, revenue projections, and other metrics for thousands of publicly traded companies across various sectors, making it an invaluable resource for analyzing U.S. equities.
The IBES database is renowned for its extensive historical data and coverage of global companies, including detailed insights into earnings forecasts, analyst recommendations, and other key financial metrics. This data is crucial for conducting financial analysis, developing investment strategies, and benchmarking performance against market expectations.
To access IBES data, you typically need a subscription to a financial data service like Refinitiv. This data is not freely available to the general public and is usually accessed through platforms used by financial professionals. More information and subscription options can be found on the Refinitiv website.