Thomson contains estimate data for up to five annual fiscal periods, four quarterly fiscal periods and long-term growth. Analysts typically do not make forecasts for periods beyond the third fiscal year and fourth quarter.
When it comes to the projected rate of growth (as a forecast), IBES has an LTG (long-term growth) measure (FPI=0, where FPI is a forecast period indicator). Keep in mind that the long-term growth rate represents an expected annual increase in operating earnings over the company’s next full business cycle. These forecasts refer to a period of between three and five years and are expressed as a percentage. Long-term growth rate forecasts are received directly from contributing analysts; they are not calculated by Thomson Reuters. While different analysts apply different methodologies, the Long-Term Growth Forecast generally represents an expected annual increase in operating earnings over the company’s next full business cycle. In general, these forecasts refer to a period of between three to five years. Due to the variance in methodologies for Long Term Growth calculations,
Thomson Reuters recommends (and uses as its default display) the median value for Long Term Growth Forecast as opposed to the mean value. The median value (defined as the middle value in a defined set of values) is less affected by outlier forecasts.