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The Institutional Brokers Estimate System (I/B/E/S) is a unique service which monitors the earnings estimates on companies of interest to institutional investors.

"The Institutional Brokers Estimates System database includes historical earnings estimates for 35,000 companies around the globe. Forecast items include earnings, sales, revenue, dividends, net income, EBITDA, and more, with US coverage back to 1976 and International coverage back to 1987." library.kent.edu/resource.php?id=2455

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A database established by the Lynch, Jones, and Ryan brokerage that compiles different analysts' at different brokerages forecasts on future earnings for many different publicly-traded companies. The IBES allows users to look at the high, low, and average predictions as well as see individual analysts' predictions. It is designed to assist in making investment decisions, especially to provide second opinions on one's own investment advisor's recommendations.

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A system that gathers and compiles the different estimates made by stock analysts on the future earnings for the majority of U.S. publicly traded companies.

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From Wikipedia.org:

The Institutional Brokers' Estimate System (I/B/E/S) is a service founded by the New York brokerage firm Lynch, Jones & Ryan. I/B/E/S began collecting earnings estimates for U.S. companies around 1976 and used the raw data to calculate statistical time series for each company. The data subsequently was used as the basis for articles in academic finance journals attempting to demonstrate that changes in consensus earnings estimates could identify opportunities to capture excess returns in subsequent periods. After starting with annual earnings estimates and estimates of "Long Term Growth, the database later was expanded to include quarterly earnings estimates. This allowed for the analysis of "Quarterly Earnings Surprises." Other innovations made possible by the I/B/E/S data included estimates for various equity indexes on a "top down" basis (made by strategists and economists) and estimates made on a "bottoms up" basis (by individual analysts) for those same indexes. In the mid 1980's I/B/E/S began to expand its dataset to include companies trading in international markets. I/B/E/S was sold to Citigroup in the late 1980s and eventually came to be owned by Thomson Financial. Currently the database is owned by Thomson Reuters.

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Investopedia Says:
The IBES is a central location whereby investors are able to research the different analyst estimates for any given stock without necessarily searching for each individual analyst.