Newsletter Archives By Topic: Information Mine
First Call Historic Database
What's in it? History of First Call's Real-Time Earnings Estimates. Major data tables include consensus and detail broker estimates, company-reported actuals, and company-issued guidelines, going back to 1990.
Who has access? HBS only.
Where is it? Available via Wharton Research Data Service (WRDS) in the Financial Databases Room. Faculty, RAs, and Doctoral students may request a WRDS account, or contact Baker Research Services for assistance at x56374.
Research example: Research has been ongoing that looks at how some Wall Street analysts continued to give Enron favorable ratings even as warning signs were showing in company reports. This database would provide a historical look at broker earnings estimates—often a key component to analysts' buy and sell recommendations.