In this brief article, we wanted to clarify what these time periods mean in the screener.
If you choose a metric from the Financials database in the screener, the time periods are fairly self-explanatory. These time periods are based on the Fiscal Year that companies report in.
If you choose a metric from the Estimates database in the screener, you may notice that the time periods are a bit more confusing. First of all, there is a choice between Fiscal Year and Calendar Year. Fiscal Year is the one-year period that companies decide to use for financial reporting purposes. Fiscal Years do not always end on December 31st. On the other hand, the Calendar Year standardizes for a December 31st Year End period.
You may have noticed that after selecting Fiscal Year for example, that the date range goes from -5 to +5. To clarify, FY0 here means the most recently reported actual results by the company. Therefore, FY+1 is a forward estimate whereas FY-5 refers to actual results from five years ago.
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