Unsure why the error. I suspect that MS lags, so it could be the figure from last FY report. I suspect there would be a lag because of the process to input data into MS, whether done manually or automatically, and then a possible vetting process after that...could take a month or two.
I don't trust data aggregators like MS, they either lag or don't reflect the underlying earnings which is often key. Case in point is the EPS. Consider a company that makes a net loss due to a one off impairment. MS will probably show EPS as negative or 'N/A'. Other figures like PE ratio are subsequently affected. Whilst technically correct it is misleading.
The other issue is that they don't show the HY numbers. If it's third quarter in a company calendar I most definitely want a look at the HY, not just the FY three quarters ago. Heck. And like you said, MS forecasting also hinges on accurate starting numbers.
I go to the reports, it's the best way and doesn't take too long. If you want to be able to 'scan' based on FA, the only provider I recommend is Stock Doctor. Pricey but that's the game.
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