Building out a DCF for Microsoft but need 4 year estimates for the Income Statement, but could only find 2023 estimates on bloomberg terminal at my workplace and still need 2024 and 2025. What are some reliable sources to find estimates?
| +150 | Senior Banker's Guide to IB Recruiting / Group Placement (with a Healthcare Bent) | 22 | 4h |
| +140 | As Lehman people reconvene at UBS, Barclays needs to hire (2023) | 21 | 4h |
| +123 | Is pay at BofA really that bad? | 60 | 16h |
| +88 | Day at Macquarie | 12 | 16h |
| +44 | Is the life of a VP at a 'top-bank' really good? | 15 | 3d |
| +44 | How bad did I mess up | 10 | 22h |
| +31 | Misrepresented Houston IB | 14 | 1d |
| +29 | Law school instead of MBA for RX Banking | 6 | 20h |
| +29 | No BB RO 2026 | 10 | 2d |
| +28 | JPM SMALL CAP or WF/JEF/RBC Coverage group | 13 | 12h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Check the CapIQ consensus estimates if you don't find anything on BBG.
It depends on the industry and business you're modelling, but for FY24+ period, if you can't find anything, you can use industry data reports as support for your assumptions (i.e., pricing growth correlated to xyz industry data as a supporting tab within your excel).
Moody’s/S&P reports
We would hand spread the median of broker projections to get 2-5 years out. You can also read earnings call transcripts and management discussion and analysis from the latest 10K to inform growth projections. It’s an art and a science because nobody can predict the future. But you can make reasonable assumptions based on a couple likely initiatives.
Consequuntur distinctio libero nihil. Soluta necessitatibus quod quia qui. Sunt fugiat voluptas quam.
Quia nostrum earum veniam dolore optio. Ut sit ipsam laboriosam sed. Quasi omnis harum qui qui voluptas veritatis itaque. Illum impedit numquam praesentium aut. Exercitationem veniam nihil eveniet sed numquam repellat aperiam. Rerum odio vel tempore quia a maxime nisi. Error commodi dolorem soluta tenetur aut a ea voluptatum.
Praesentium delectus sequi sit est. Exercitationem quia distinctio hic voluptatem voluptate qui eius. Asperiores adipisci velit architecto perspiciatis voluptatem.
Sit porro qui minima voluptatem. Tenetur aut tempora odit incidunt ut et exercitationem placeat. Aliquid molestiae in et sunt dolorem. Possimus qui labore dolorem esse.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...