IBES - actuals basic/diluted

[joost impink]

hi, I am forwarding a post: http://www.wrds.us/index.php/forum_wrds/viewthread/495/

Hi

I am new to IBES. 

I want to replicate a paper by Doyle , Lundholm and Soliman (Review of Accounting Studies, 2003), that uses unadjusted actual eps as a measure for firms’ street (pro forma) earnings.

The authors refer to actual eps from IBES unadjusted for actual eps and a flag that indicates whether the eps values are basic or diluted.

Could you please clarify where to find this data using “a web query” ?

For example; in unadjusted detail actual, I find actual eps without the basic/diluted flag , and in unadjusted detail history , I find the flat but not sure if the eps values are actual eps. They seem to be estimates.

I will much appreciate if you refer to the “exact” data base that one can download for this purpose using ” a web query” .

Thanks

[naaman...@gmail.com]

Hi,

I am having the same problem in data collection, and I'm following up to know if the answer has been found.

According to prior research, I need unadjusted Actual EPS to proxy for street earnings (pro-forma), as well as the basic/diluted flag. However, I can't find those two variables in the same file.

With reference to WRDS presentation, the summary and details flag are from different sources: IBES majority rule and company reports. 

So, would the basic/diluted flag in the Unadjusted Summary Statistics match the EPS actual values in the Unadjusted Detail Actuals? 

Thank you,

Karen