Historical guidance data corrupt or missing. why?

andrej.krneta

Hi I am trying to read in historical company guidance data from Eikon, but am getting data and related date/timestamps that are either repeated or missing in some cases. I am not sure if this is because I am using the wrong formula and would ask for your help.

This is the code I am using to read in the historical guidance data:

Ticker = 'INTC.O'

start_date = '2010-01-01'

end_date = '2021-08-27'

#Get company Revenue guidance

fields = ["TR.GuidanceMeasure", "TR.GuidanceLowValue", \

"TR.GuidanceHighValue", "TR.GuidanceDate",

"TR.RevenueActSurprise"]

rev_guide_df, err = ek.get_data([Ticker], fields, \

{'GuidMeasure':'REV', "SDate":start_date, "EDate":end_date, "Period":"FQ1", "Frq":"FQ"})

The missing company guidance for certain days is somewhat understandable. it could be that the company did not provide one. I just wanted to check if that is how you format your data. But, what is less clear is why the dates are the same for a different set of guidance. Is it because the co. raised the guide? If that is the case, how can there be a "surprise" related to that number, if there was no reporting for the guide that was upgraded during the quarter. Can you please explain how to interpret the raw data output?

Alex Putkov.1

@andrej.krneta
Adding other fields from the same category would help you better understand the data. Taking the guidance released on 2011-04-19 as an example, adding TR.GuidanceAcctType and TR.GuidanceDataForm fields would tell you that the range of 12.35-13.35 billion refers to proforma revenue while the range of 12.3 - 13.3 bullion refers to GAAP revenue. Adding TR.GuidanceSpeaker and TR.GuidanceDocType fields will tell you that 12.8 billion single value comes from the call transcript while proforma and GAAP ranges come from the press release. Finally TR.GuidanceText field provides the text excerpt where the numbers were mentioned, which is probably the most helpful in understanding what exactly these numbers represent and how they came about.

andrej.krneta

Thank you. That is very helpful.