Multex.com has won a multi-million dollar contract to be the primary provider of detailed and consensus global estimates for Reuters' real-time products including 3000 Xtra, its premium desktop information service.
The Multex estimates data will be delivered to Reuters by an XML-based API solution. This provides the company with a broad range of forecasted values, including forecasted revenues, profit, earnings, dividends, target prices, long-term growth rates as well as recommendations.
Reuters anticipates Multex's global forecast data will be available for use in its products during the third quarter of 2001.
The agreement also highlights the success of Multex's acquisition of Barra's global estimates division in December 2000.