26 September 2017
visit www.avoka.com

Estimize challenges users to predict earnings results

16 April 2012  |  2835 views  |  0 Hourly Markets

Estimize, a US start-up that pools members' forecasts for earnings results at listed companies, has launched a competition offering cash prizes to its most accurate pickers.

Founded by former StockTwits man Leigh Drogen, Estimize opened up in beta late last year, inviting members to predict quarterly revenue and earnings per share results for companies.

Leaderboards show how users' predictions stack up over time, giving members a picture of who to follow for guidance on different stocks. The site says that by crowdsourcing estimates, its aggregated results outperform Wall Street 63% of the time.

It has now secured $10,000 from Nasdaq OMX, Super Stock Jockey and Investors Business Daily for the Estimize Challenges, each of which require contestants to make predictions for at least 15 of 30 stocks which report earnings this quarter between 16 April and 30 May. The winners each get a slice of the cash and a badge on their profiles.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Researchers link tweets to stock prices

Researchers link tweets to stock prices

23 March 2012  |  6654 views  |  0 comments
E*Trade unveils online investment community

E*Trade unveils online investment community

14 March 2011  |  6257 views  |  0 comments
StockTwits raises $3m

StockTwits raises $3m

02 December 2009  |  6516 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.ncr.comvisit www.temenos.com

Top topics

Most viewed Most shared
AXA launches blockchain to cover late flight compensationAXA launches blockchain to cover late flig...
12253 views comments | 16 tweets | 30 linkedin
European Commission makes fintech a priority in supervisory shakeupEuropean Commission makes fintech a priori...
8854 views comments | 34 tweets | 46 linkedin
hands typing furiouslyBlockchain is a new way of thinking?
7566 views 2 | 10 tweets | 1 linkedin
German central bank flags DLT weaknessesGerman central bank flags DLT weaknesses
7303 views comments | 17 tweets | 19 linkedin

Featured job

Find your next job