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Our Modeling Approach

We have two types of models available on our website: 1) Basic Models, and 2) Premium Models. Our Basic models are available free of charge. Premium Models are available for $10, which is used to compensate our Analyst Contributor for building and maintaining the model, and to support/grow our website. Basic models include an Income Statement and Segment forecast for four quarters. Premium models include the Income Statement, Segment, Balance Sheet, and Cash Flow Statement forecasts for approximately five years, as well as an estimated target share valuation.
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We calibrate our Basic and Premium Models to meet the consensus analyst estimates. This gives our model users a base-line starting point from which they can make adjustments using their own expectations for the company, macroeconomic conditions, expected changes in competitive pressure, and differences in valuation theories. Our Community Contributors may upload their versions of our models to share their points of view. Community Contributor posts are shared on the individual company model pages.

Our Typical Model Update Schedule

We break each quarter's earning cycle into four distinct stages:
  • Stage 1 - End of Calendar Quarter: Our first stage is used to prepare our models for the upcoming earnings season. We update the Beta, Risk-Free Rate, Volatility, and Market Multiple for each of companies we cover.
  • Stage 2 - A Few Days Before the Earnings Release: We make the final preparations before the press release including any updates the company may have pre-announced. We also do one final recalibration to meet consensus estimates, and analyze where consensus estimates stand relative to management's latest guidance.
  • Stage 3 - The Day of the Earnings Release: We update our models following the press release to include the current quarter results and any new guidance given by management.
  • Stage 4 - A Few Days After the Release: After all of the analysts have submitted their updated estimates we re-calibrate our model again to meet those estimates.
We strive to keep our consensus-based models up-to-date; However, some of our models may not reflect the latest available information.  Before you download a model, check the date to make sure it includes the last reported results. If it does not, consider joining our mailing list to receive notifications of future model updates.
Gutenberg Research is a media and education company. The information presented on our website and within Gutenberg Research models, files, or other content does not represent investment advice. Data and information presented on this website, or on third party websites posted by us, within our models, files, and other content is for demonstration only, and is presented “as is”. Neither Gutenberg Research nor any Gutenberg Research agents or associates are liable for any errors, delays, incompleteness of data presented, or for actions taken based on reliance on any information contained on this website or within Gutenberg Research models or other content. Investors should consult a professional investment adviser prior to making investment decisions. By accessing this site and/or receiving our models or other content you are deemed to have read and agreed to our Terms of Use posted on this website. This website uses Cookies, refer to our Privacy Policy for details. The Gutenberg Research logo is among the registered and unregistered trademarks of Gutenberg Research LLC. © Gutenberg Research LLC 2023. All Rights Reserved.