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How current is fundamental data? Rate this Topic:
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juaninc
Posted : Tuesday, July 3, 2018 2:04:33 PM
Gold Customer Gold Customer

Joined: 12/4/2014
Posts: 7

How current is the data used in the fundamental indicators such as: Shares outstanding, Capitalization, Percentage  Shares Held by Institutions, Revenue Growth Rate Last 4Qtr,Latest Total Net Income, Price to Sale Ratio, EPS Percent Change Last Qtr? Is the information Qtr, month or week....? 

Thanks

Juan

bcochrane
Posted : Tuesday, July 3, 2018 5:49:03 PM
Registered User
Joined: 9/17/2010
Posts: 484

A subject of ongoing debate. Fundamental data is provided by Morningstar, and Worden updates it when they recieve it. I believe Morningstar provides updates on a weekly basis,.Itis generally accurate,but I notice that some Next earnings dates aren't correct.

Someother sites report different data. Exampleis Beta, which (I think) depends on how the result is calculated. Beats me which one is "correct"

There are multiple posts in the forums if you search for them

jbclem
Posted : Thursday, August 16, 2018 6:53:47 PM
Gold Customer Gold Customer

Joined: 1/26/2005
Posts: 113

I've made comparisons between fundamental data (EPS % Change, and ROE) from Investors Business Daily and Telechart.  Assuming the Investors Business Daily (Reuters data) is the gold standard, the differences are dismaying and as much as I want to use Telechart's fundamental data, it's a waste of time...at least in the categories I mentioned above.  You can check in the forum archives and find some of these comparisons.

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