Usually means: Recalculate or revise an initial estimate.
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We found 4 dictionaries that define the word reestimate:

General (3 matching dictionaries)
  1. reestimate: Merriam-Webster
  2. reestimate: Collins English Dictionary
  3. reestimate: Wiktionary

Business (1 matching dictionary)
  1. reestimate: Legal dictionary

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Definitions from Wiktionary (reestimate)

▸ verb:  (transitive) To estimate again.

Similar:
remeasure, re-evaluate, revaluate, reevaluate, recalculate, reëvaluate, reassay, rerate, redetermine, reassess, more...

Opposite:
underestimate, overestimate, misjudge

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Similar:
remeasure, re-evaluate, revaluate, reevaluate, recalculate, reëvaluate, reassay, rerate, redetermine, reassess, more...

Opposite:
underestimate, overestimate, misjudge



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