Predicting Earnings via Satellite Imagery

Aug 18, 2010

As an example of how Wall Street getting in on this techhology, the UBS Investment Research issued its earnings preview for Wal-Mart’s second quarter, which publicly revealed that UBS had been using used satellite services of private-sector satellite companies to gather the comings and goings of the parking lots at Wal-Mart stores. “UBS proprietary satellite parking lot fill rate analysis points to an interesting cadence intra-quarter and potential upside to our view,” the report read.

via http://classic.cnbc.com/id/38722872/

This is brilliant. It’s an example of how by thinking differently, one can reveal interesting trends out of publicly available datasets.