BNET Business Dictionary

Business Definition for: Estimate

  • an approximate calculation of an uncertain value. An estimate may be a reasonable guess based on knowledge and experience or it may be calculated using more sophisticated techniques designed to forecast projected costs, profits, losses, or value.
  • an approximate price quoted for work to be undertaken by a business

Wiktionary Definition for: Estimate

  • #A rough calculation or guess.
  • #''(construction):'' A document specifying how much a job will probably cost.
  • #to calculate roughly, often from imperfect data

Additional Resources

USDA finally raises old-crop soybean crush estimate.(United States Department of Agriculture )(Brief Article)
But ... as soon as USDA upped the 2003-04 soybean crush estimate to 1.5 billion bu., the National Oilseed Processors Association NOPA released usage data that says USDA will have to raise its crush estimate again in August. Total soybeans crushed i But ... as soon...
Tags: U.S. Department of Agriculture
Research articles 2004-07-17
SALOMON SMITH Barney analyst Gil Yang cut his second quarter EPS estimate on Hercules Inc.(Brief Article)
SALOMON SMITH Barney analyst Gil Yang cut his second quarter EPS estimate on Hercules Inc. from breakeven to a loss of 3 cents. He also lowered his estimate for 2001 EPS to ... SALOMON SMITH Barney analyst Gil Yang cut his second quarter EPS ...
Tags: Hercules Inc., Salomon Smith Barney
Research articles 2001-07-09
ETHYL.(ETHYL's FY 1998 and second quarter earnings per share estimate cut by BT Alex Brown analyst David Manlowe)
ETHYL had its second quarter earnings per share estimate cut by BT Alex Brown analyst David Manlowe from 20 cents to 15 cents and 1998 estimate from 65 cents to 60 cents due to continuing sluggishness in ... ETHYL had its second quarter earnings per share estimate...
Tags: British Telecommunications, earnings per share
Research articles 1998-07-06
CYTEC UPDATES FOURTH QUARTER EARNINGS PER SHARE ESTIMATE.
Cytec Industries Inc. (NYSE:CYT) in West Paterson, New Jersey announced a revision to its previous estimate of earnings per share for the fourth quarter of 2001. The revised estimate for earnings per share for the fourth quarter is a range of $0.15 Cytec Industries...
Tags: earnings per share
Research articles 2002-01-21
For The Record.(New estimate of insured property losses from terrorist attacks on WTC and Pentagon reach $20.3 bn)(Legal Beat)(Brief Article)(Statistical Data Included)
PCS increases Sept. 11 loss estimate The Insurance Services Office Inc.'s Property Claim Services unit has increased its estimate of insured property losses from the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon to $20.3 billi PCS increases Sept....
Tags: health care, insurance company, PCS, Pentagon, Sept. 11, survey, terrorist attack
Research articles 2002-06-24
Boston Convention Center Planners Raise Estimate of Its Benefits.(Originated from The Boston Globe)
Mar. 5--Consultants working on plans for the proposed new Boston convention center now estimate the facility will generate more than $700 million a year for Massachusetts -- a 61 percent hike over their previous estimate. Mar. 5--Consultants working on plans for...
Tags: benefit, Boston Globe
Research articles 1997-03-05
Oculto resource update.(Pacific Rim Mining Corp. receives update to the inferred resources estimate)(Brief Article)
Vancouver-based Pacific Rim Mining Corp. has received an update to the inferred resources estimate at its Oculto silver-gold deposit, part of its Diablillos silver-gold property in northwestern Argentina. The estimate was compiled by its consultant, Vancouver-based Pacific Rim Mining Corp. has received an update to...
Tags: Research In Motion Ltd.
Research articles 2001-07-13
IPC Holdings Updates Its Estimate of Claims From Third Quarter 2008 Hurricanes
IPC Holdings, Ltd. (NASDAQ: IPCR) today announced it has increased its estimate of claims from hurricanes Gustav and Ike by approximately $47 million to a total estimate of approximately $135 million, net of reinstatement premiums. IPC's third quarter 2008 results included a total estimate of claims from the above...
Tags: IPC Holdings Ltd.
Research articles 2009-01-07
Mitchell Announces Release of Estimate Review(TM)
Mitchell International, Inc., a leading provider of information and workflow solutions to the automotive insurance claims and collision repair industries, today announced the release of Estimate ReviewTM, an automated self-audit/review tool. Whenever an estimate is saved in UltraMate Premier Suite, Estimate Review quickly analyzes it against user-defined criteria and alerts...
Tags: Mitchell International
Research articles 2005-11-02
Use A PERT Analysis To Estimate Task Durations
You have many ways to gather information to estimate durations. However, most of these methods don't allow you the flexibility of analyzing best-case and worst-case scenarios. A Program, Evaluation, and Review Technique PERT analysis gives you this flexibility. You can perform a basic PERT analysis to estimate a task's duration....
Tags: Duration
White papers
Gateway Gold Corp.: Initial Resource Estimate-Big Springs.
VANCOUVER, BRITISH COLUMBIA, Jan 30, 2006 CCNMatthews via COMTEX -- Gateway Gold Corp. (TSX:GTQ) is pleased to report the results of a resource estimate for the Big Springs property in the Independence Mountains, Nevada. The resource estimate, prep VANCOUVER, BRITISH COLUMBIA, Jan 30, 2006 (CCNMatthews via...
Tags: Gateway Inc.
Research articles 2006-01-30
Prudential cuts estimate on Nordstrom. (Prudential Securities Inc., earnings estimate)(Brief Article)
NEW YORK FNS - Prudential Securities cut its second-quarter earnings estimates on Nordstrom, Inc., primarily due to weak sales trends. Wayne Hood, at Prudential Securities, trimmed his estimate by 5 cents a share to 72 cents, which is down from Nordstrom's earnings of 77 ...
Tags: Nordstrom Inc., Prudential Insurance Company of America, SALES
Research articles 1995-07-25
GM: GM announces first-quarter production estimate >T.
M2 PRESSWIRE-14 December 1999-GM: GM announces first-quarter production estimate C1994-99 M2 COMMUNICATIONS LTD RDATE:101299 DETROIT -- General Motors Corp. today announced its first-quarter production estimate of 1,501,000 vehicles - 742,000 cars and 759,000 trucks - in the United States, Canada and...
Tags: car, General Motors Corp.
Research articles 1999-12-14
GM: GM raises second-quarter production estimate.
M2 PRESSWIRE-12 April 1999-GM: GM raises second-quarter production estimate C1994-99 M2 COMMUNICATIONS LTD RDATE:080499 General Motors boosted its second-quarter production estimate 15,000 units and now plans to build 1,512,000 cars and trucks in the United States, Canada and Mexico. The revised...
Tags: car, General Motors Corp.
Research articles 1999-04-12
Western Copper Corporation: Updated Resource Estimate at the Carmacks Copper Project
Western Copper Corporation (TSX: WRN) is pleased to announce an updated resource estimate for its wholly-owned Carmacks Copper Project in the Yukon Territory. The new estimate was prepared by Wardrop Engineering Inc. ("Wardrop") of Vancouver and represents an update to the resource estimate prepared in April 2007 for the...
Tags: copper, diamond, E-mail, Fax, INTERNET, SEC
Research articles 2007-11-22
Buffalo Gold Releases New Resource Estimate for Mt. Kare; Indicated Resources Now Represent 83% of Total.
VANCOUVER, BRITISH COLUMBIA, Jun 21, 2007 CCNMatthews via COMTEX -- Buffalo Gold Ltd. (TSX VENTURE:BUF.U)(OTCBB:BYBUF)(FRANKFURT:B4K) and Madison Minerals Inc. (TSX VENTURE:MMR)(OTCBB:MMRSF) - Buffalo Gold Ltd. is pleased to announce that it has received an updated mineral resource estimate for the Mt. Kare gold project...
Tags: Buffalo, Company, Fax, INTERNET, SEC
Research articles 2007-06-21
Buffalo Gold Releases New Resource Estimate for Mt. Kare; Indicated Resources Now Represent 83% of Total.
VANCOUVER, BRITISH COLUMBIA, Jun 21, 2007 CCNMatthews via COMTEX -- Buffalo Gold Ltd. (TSX VENTURE:BUF.U)(OTCBB:BYBUF)(FRANKFURT:B4K) is pleased to announce that it has received an updated mineral resource estimate for the Mt. Kare gold project which sees a 22% increase of the total property resources into the...
Tags: Buffalo, Company, INTERNET, SEC
Research articles 2007-06-21
Western Copper Corporation: Updated Resource Estimate at the Carmacks Copper Project.
VANCOUVER, BRITISH COLUMBIA, Nov 22, 2007 Marketwire via COMTEX -- Western Copper Corporation (TSX:WRN) is pleased to announce an updated resource estimate for its wholly-owned Carmacks Copper Project in the Yukon Territory. The new estimate was prepared by Wardrop Engineering Inc. ("Wardrop") of...
Tags: copper, diamond, E-mail, Fax, INTERNET, SEC, Vancouver
Research articles 2007-11-22
US Gold's Tonkin Resource Estimate Increases to 1.76 Million Oz Gold
US GOLD CORPORATION (TSX: UXG)(AMEX: UXG)(FRANKFURT: US8) is pleased to announce details of the updated resource estimate for its Tonkin property, audited by the independent firm Ore Reserve Engineering of Denver, Colorado in accordance with Canadian National Instrument 43-101 standards. The resource estimate is calculated based on a gold price...
Tags: Company, Gold, Nevada, Quality, SEC
Research articles 2008-05-20
Buffalo Gold Receives Resource Estimate for Furtei Mine
Brian McEwen, President and CEO of Buffalo Gold Ltd. (TSX VENTURE: BUF)(OTCBB: BYBUF)(FRANKFURT: B4K) is pleased to announce the first NI 43-101 compliant resource estimate at the Furtei gold mine in Sardinia, Italy. The resource estimate includes Measured and Indicated sulphide resources of 425,800 ounces gold, including 5.73 million tonnes...
Tags: Buffalo, Fax, FINANCE, INTERNET, Investment, SEC
Research articles 2008-09-03