Subtext

Cognizant Technology Solutions Corporation CTSH

SectorInformation Technology
Transcripts77
Date range2006-05-03 – 2025-04-30
Calls charted77

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-24-12+0+12+242006 Q12008 Q32011 Q12013 Q32016 Q12018 Q32021 Q12023 Q32006 Q1 · Overall: +13.92006 Q2 · Overall: +12.42006 Q3 · Overall: +10.12006 Q4 · Overall: +12.42007 Q1 · Overall: +8.82007 Q2 · Overall: +13.82007 Q3 · Overall: +6.52007 Q4 · Overall: +11.02008 Q1 · Overall: +10.52008 Q2 · Overall: +4.22008 Q3 · Overall: +4.02008 Q4 · Overall: +6.12009 Q1 · Overall: +6.32009 Q2 · Overall: +9.42009 Q3 · Overall: +9.72009 Q4 · Overall: +9.42010 Q1 · Overall: +6.52010 Q2 · Overall: +7.72010 Q3 · Overall: +6.02010 Q4 · Overall: +6.42011 Q1 · Overall: +8.52011 Q2 · Overall: +9.72011 Q3 · Overall: +4.42011 Q4 · Overall: +3.62012 Q1 · Overall: -0.42012 Q2 · Overall: +7.32012 Q3 · Overall: +4.42012 Q4 · Overall: +10.52013 Q1 · Overall: +1.52013 Q2 · Overall: +3.92013 Q3 · Overall: +6.52013 Q4 · Overall: +13.62014 Q1 · Overall: +5.62014 Q2 · Overall: +9.12014 Q3 · Overall: +7.52014 Q4 · Overall: +10.32015 Q1 · Overall: +10.52015 Q2 · Overall: +15.32015 Q3 · Overall: +13.52015 Q4 · Overall: +7.92016 Q1 · Overall: +6.62016 Q2 · Overall: +4.62016 Q3 · Overall: -4.72016 Q4 · Overall: +4.02017 Q1 · Overall: +8.72017 Q2 · Overall: +6.12017 Q3 · Overall: +7.62017 Q4 · Overall: +7.62018 Q1 · Overall: +4.02018 Q2 · Overall: +5.62018 Q3 · Overall: +5.52018 Q4 · Overall: +7.82019 Q1 · Overall: +7.72019 Q2 · Overall: +8.32019 Q3 · Overall: +6.02019 Q4 · Overall: +5.12020 Q1 · Overall: +2.52020 Q2 · Overall: +7.32020 Q3 · Overall: +0.02020 Q4 · Overall: +4.12021 Q1 · Overall: -2.12021 Q2 · Overall: +10.32021 Q3 · Overall: +5.52021 Q4 · Overall: +10.02022 Q1 · Overall: +6.72022 Q2 · Overall: +7.62022 Q3 · Overall: -0.62022 Q4 · Overall: +11.12023 Q1 · Overall: +9.32023 Q2 · Overall: +12.92023 Q3 · Overall: +10.32023 Q4 · Overall: +10.82024 Q1 · Overall: +6.82024 Q2 · Overall: +11.52024 Q3 · Overall: +20.52024 Q4 · Overall: +18.62025 Q1 · Overall: +12.6
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-41-20+0+20+412006 Q12008 Q32011 Q12013 Q32016 Q12018 Q32021 Q12023 Q32006 Q1 · CEO: +28.62006 Q2 · CEO: +20.82006 Q3 · CEO: +35.52006 Q4 · CEO: +20.12007 Q1 · CEO: +23.12007 Q2 · CEO: +24.22007 Q3 · CEO: +14.72007 Q4 · CEO: +18.02008 Q1 · CEO: +19.52008 Q2 · CEO: +9.82008 Q3 · CEO: +17.82008 Q4 · CEO: +16.32009 Q1 · CEO: +13.02009 Q2 · CEO: +0.02009 Q4 · CEO: +8.42010 Q1 · CEO: +12.82010 Q2 · CEO: +19.62010 Q3 · CEO: +11.82010 Q4 · CEO: +14.32011 Q1 · CEO: +19.42011 Q2 · CEO: +16.12011 Q3 · CEO: +8.02011 Q4 · CEO: +10.72012 Q1 · CEO: +8.42012 Q2 · CEO: +16.12012 Q3 · CEO: +11.12012 Q4 · CEO: +22.12013 Q1 · CEO: +20.42013 Q2 · CEO: +26.02013 Q3 · CEO: +16.32013 Q4 · CEO: +23.72014 Q1 · CEO: +10.02014 Q2 · CEO: +17.32014 Q3 · CEO: +13.12014 Q4 · CEO: +22.32015 Q1 · CEO: +15.72015 Q2 · CEO: +26.22015 Q3 · CEO: +22.02015 Q4 · CEO: +14.12016 Q1 · CEO: +9.22016 Q2 · CEO: +12.92016 Q3 · CEO: +6.32016 Q4 · CEO: +8.92017 Q1 · CEO: +18.52017 Q2 · CEO: +15.72017 Q3 · CEO: +17.72017 Q4 · CEO: +9.22018 Q1 · CEO: +11.52018 Q2 · CEO: +9.62018 Q3 · CEO: +13.62018 Q4 · CEO: +12.92019 Q1 · CEO: +22.62019 Q2 · CEO: +17.82019 Q3 · CEO: +11.12019 Q4 · CEO: +13.32020 Q1 · CEO: +7.82020 Q2 · CEO: +14.22020 Q4 · CEO: +9.72021 Q1 · CEO: -0.72021 Q2 · CEO: +15.62021 Q3 · CEO: +10.72021 Q4 · CEO: +15.12022 Q1 · CEO: +10.42022 Q2 · CEO: +15.52022 Q3 · CEO: +1.72022 Q4 · CEO: +19.72023 Q1 · CEO: +15.52023 Q2 · CEO: +23.22023 Q3 · CEO: +17.62023 Q4 · CEO: +15.52024 Q2 · CEO: +15.52024 Q3 · CEO: +27.72024 Q4 · CEO: +27.02025 Q1 · CEO: +21.42006 Q1 · CFO: +7.12006 Q2 · CFO: +4.52006 Q3 · CFO: +3.92006 Q4 · CFO: +7.22007 Q1 · CFO: +1.82007 Q2 · CFO: +5.22007 Q3 · CFO: +6.32007 Q4 · CFO: +6.32008 Q1 · CFO: +6.62008 Q2 · CFO: +3.02008 Q3 · CFO: -24.42008 Q4 · CFO: +0.52009 Q1 · CFO: -1.22009 Q2 · CFO: +7.72009 Q3 · CFO: +11.12009 Q4 · CFO: +4.82011 Q4 · CFO: +11.82012 Q1 · CFO: -3.22012 Q2 · CFO: +8.32012 Q3 · CFO: +5.42012 Q4 · CFO: +9.02013 Q1 · CFO: +0.02013 Q2 · CFO: +1.52013 Q3 · CFO: +6.62013 Q4 · CFO: +6.42014 Q1 · CFO: +12.52014 Q2 · CFO: +10.92014 Q3 · CFO: +11.22014 Q4 · CFO: +11.62015 Q1 · CFO: +14.72015 Q2 · CFO: +15.92015 Q3 · CFO: -0.92015 Q4 · CFO: +1.12016 Q1 · CFO: +5.42016 Q2 · CFO: +6.02016 Q3 · CFO: -18.02016 Q4 · CFO: +5.42017 Q1 · CFO: +2.72017 Q2 · CFO: +4.42017 Q3 · CFO: +10.62017 Q4 · CFO: +13.12018 Q1 · CFO: +1.42018 Q2 · CFO: +8.12018 Q3 · CFO: +1.12018 Q4 · CFO: +7.72019 Q1 · CFO: -2.52019 Q2 · CFO: -2.32019 Q3 · CFO: +2.82019 Q4 · CFO: +0.32020 Q1 · CFO: -4.02020 Q2 · CFO: +0.42020 Q4 · CFO: +4.52021 Q1 · CFO: +14.22021 Q2 · CFO: +10.12021 Q3 · CFO: +8.52021 Q4 · CFO: +10.62022 Q1 · CFO: +9.12022 Q2 · CFO: +7.72022 Q3 · CFO: +4.42022 Q4 · CFO: +7.72023 Q1 · CFO: +2.22023 Q2 · CFO: +0.42023 Q3 · CFO: +4.02023 Q4 · CFO: +1.22024 Q1 · CFO: +11.02024 Q2 · CFO: +15.32024 Q3 · CFO: +12.22024 Q4 · CFO: +12.62025 Q1 · CFO: +11.2
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-31-15+0+15+312006 Q12008 Q32011 Q12013 Q32016 Q12018 Q32021 Q12023 Q32006 Q1 · Prepared remarks: +19.42006 Q2 · Prepared remarks: +19.42006 Q3 · Prepared remarks: +14.42006 Q4 · Prepared remarks: +17.92007 Q1 · Prepared remarks: +18.32007 Q2 · Prepared remarks: +19.12007 Q3 · Prepared remarks: +14.12007 Q4 · Prepared remarks: +16.82008 Q1 · Prepared remarks: +15.82008 Q2 · Prepared remarks: +9.12008 Q3 · Prepared remarks: +9.52008 Q4 · Prepared remarks: +9.32009 Q1 · Prepared remarks: +9.02009 Q2 · Prepared remarks: +17.12009 Q3 · Prepared remarks: +14.62009 Q4 · Prepared remarks: +14.62010 Q1 · Prepared remarks: +10.12010 Q2 · Prepared remarks: +14.12010 Q3 · Prepared remarks: +10.92010 Q4 · Prepared remarks: +13.52011 Q1 · Prepared remarks: +14.02011 Q2 · Prepared remarks: +14.42011 Q3 · Prepared remarks: +9.52011 Q4 · Prepared remarks: +9.22012 Q1 · Prepared remarks: +10.02012 Q2 · Prepared remarks: +10.62012 Q3 · Prepared remarks: +11.72012 Q4 · Prepared remarks: +15.42013 Q1 · Prepared remarks: +15.42013 Q2 · Prepared remarks: +12.02013 Q3 · Prepared remarks: +12.72013 Q4 · Prepared remarks: +17.82014 Q1 · Prepared remarks: +16.72014 Q2 · Prepared remarks: +15.92014 Q3 · Prepared remarks: +11.42014 Q4 · Prepared remarks: +18.52015 Q1 · Prepared remarks: +14.82015 Q2 · Prepared remarks: +26.92015 Q3 · Prepared remarks: +24.52015 Q4 · Prepared remarks: +13.52016 Q1 · Prepared remarks: +16.12016 Q2 · Prepared remarks: +9.32016 Q3 · Prepared remarks: -2.32016 Q4 · Prepared remarks: +8.42017 Q1 · Prepared remarks: +13.72017 Q2 · Prepared remarks: +10.72017 Q3 · Prepared remarks: +17.82017 Q4 · Prepared remarks: +15.62018 Q1 · Prepared remarks: +13.82018 Q2 · Prepared remarks: +14.22018 Q3 · Prepared remarks: +15.82018 Q4 · Prepared remarks: +15.52019 Q1 · Prepared remarks: +12.02019 Q2 · Prepared remarks: +14.12019 Q3 · Prepared remarks: +8.72019 Q4 · Prepared remarks: +3.62020 Q1 · Prepared remarks: -1.12020 Q2 · Prepared remarks: +8.12020 Q3 · Prepared remarks: +24.02020 Q4 · Prepared remarks: +5.42021 Q1 · Prepared remarks: -1.22021 Q2 · Prepared remarks: +11.62021 Q3 · Prepared remarks: +17.72021 Q4 · Prepared remarks: +14.72022 Q1 · Prepared remarks: +10.72022 Q2 · Prepared remarks: +8.42022 Q3 · Prepared remarks: +1.82022 Q4 · Prepared remarks: +14.62023 Q1 · Prepared remarks: +14.52023 Q2 · Prepared remarks: +14.22023 Q3 · Prepared remarks: +15.22023 Q4 · Prepared remarks: +15.82024 Q1 · Prepared remarks: +17.92024 Q2 · Prepared remarks: +15.72024 Q3 · Prepared remarks: +24.72024 Q4 · Prepared remarks: +26.42025 Q1 · Prepared remarks: +22.22006 Q1 · Q&A responses: +10.72006 Q2 · Q&A responses: +7.22006 Q3 · Q&A responses: +5.82006 Q4 · Q&A responses: +7.02007 Q1 · Q&A responses: -2.82007 Q2 · Q&A responses: +6.22007 Q3 · Q&A responses: +2.42007 Q4 · Q&A responses: +4.22008 Q1 · Q&A responses: +6.12008 Q2 · Q&A responses: +4.72008 Q3 · Q&A responses: +1.32008 Q4 · Q&A responses: +5.52009 Q1 · Q&A responses: +2.02009 Q2 · Q&A responses: +7.32009 Q3 · Q&A responses: +10.12009 Q4 · Q&A responses: +7.52010 Q1 · Q&A responses: +6.22010 Q2 · Q&A responses: +8.32010 Q3 · Q&A responses: +8.62010 Q4 · Q&A responses: +3.12011 Q1 · Q&A responses: +11.32011 Q2 · Q&A responses: +11.32011 Q3 · Q&A responses: +3.92011 Q4 · Q&A responses: +0.62012 Q1 · Q&A responses: -3.72012 Q2 · Q&A responses: +9.92012 Q3 · Q&A responses: +4.82012 Q4 · Q&A responses: +11.42013 Q1 · Q&A responses: -6.72013 Q2 · Q&A responses: +5.52013 Q3 · Q&A responses: +7.32013 Q4 · Q&A responses: +14.72014 Q1 · Q&A responses: +7.62014 Q2 · Q&A responses: +9.92014 Q3 · Q&A responses: +11.92014 Q4 · Q&A responses: +12.62015 Q1 · Q&A responses: +15.62015 Q2 · Q&A responses: +13.42015 Q3 · Q&A responses: +13.52015 Q4 · Q&A responses: +12.52016 Q1 · Q&A responses: +7.02016 Q2 · Q&A responses: +10.72016 Q3 · Q&A responses: -1.12016 Q4 · Q&A responses: +7.22017 Q1 · Q&A responses: +10.22017 Q2 · Q&A responses: +8.72017 Q3 · Q&A responses: +7.32017 Q4 · Q&A responses: +5.32018 Q1 · Q&A responses: +3.12018 Q2 · Q&A responses: +5.42018 Q3 · Q&A responses: +5.62018 Q4 · Q&A responses: +3.42019 Q1 · Q&A responses: +11.22019 Q2 · Q&A responses: +7.72019 Q3 · Q&A responses: +6.02019 Q4 · Q&A responses: +13.52020 Q1 · Q&A responses: +9.82020 Q2 · Q&A responses: +11.52020 Q3 · Q&A responses: +3.32020 Q4 · Q&A responses: +9.12021 Q1 · Q&A responses: -1.52021 Q2 · Q&A responses: +13.62021 Q3 · Q&A responses: +5.32021 Q4 · Q&A responses: +12.12022 Q1 · Q&A responses: +9.22022 Q2 · Q&A responses: +14.52022 Q3 · Q&A responses: +3.42022 Q4 · Q&A responses: +14.02023 Q1 · Q&A responses: +7.92023 Q2 · Q&A responses: +14.82023 Q3 · Q&A responses: +9.52023 Q4 · Q&A responses: +8.62024 Q1 · Q&A responses: +14.02024 Q2 · Q&A responses: +14.52024 Q3 · Q&A responses: +22.82024 Q4 · Q&A responses: +19.62025 Q1 · Q&A responses: +11.9
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$2.25$3.71$5.182006 Q12008 Q32011 Q12013 Q32016 Q12018 Q32021 Q12023 Q32014 Q1: $2.452014 Q2: $2.562014 Q3: $2.672014 Q4: $2.992015 Q1: $3.062015 Q2: $3.212015 Q3: $3.372015 Q4: $3.492016 Q1: $3.512016 Q2: $3.602016 Q3: $3.622016 Q4: $3.662017 Q1: $3.812017 Q2: $3.982017 Q3: $4.182017 Q4: $4.352018 Q1: $4.702018 Q2: $4.792018 Q3: $4.932018 Q4: $4.982019 Q1: $4.562019 Q2: $4.112019 Q3: $4.242019 Q4: $4.142020 Q1: $4.152020 Q2: $3.622020 Q3: $3.852020 Q4: $3.972021 Q1: $4.082021 Q2: $4.182021 Q3: $4.362021 Q4: $4.522022 Q1: $4.682022 Q2: $4.792022 Q3: $4.902022 Q4: $4.712023 Q1: $4.572023 Q2: $4.462023 Q3: $4.612023 Q4: $4.632024 Q1: $4.712024 Q2: $4.792024 Q3: $4.89

Forward P/E

10.7016.1421.582006 Q12008 Q32011 Q12013 Q32016 Q12018 Q32021 Q12023 Q32014 Q1: 20.272014 Q2: 19.182014 Q3: 16.802014 Q4: 17.062015 Q1: 20.832015 Q2: 19.372015 Q3: 18.882015 Q4: 17.892016 Q1: 16.802016 Q2: 16.562016 Q3: 14.942016 Q4: 15.392017 Q1: 15.552017 Q2: 16.702017 Q3: 17.292017 Q4: 16.372018 Q1: 17.812018 Q2: 16.292018 Q3: 15.432018 Q4: 12.902019 Q1: 15.622019 Q2: 15.252019 Q3: 14.982019 Q4: 15.052020 Q1: 11.452020 Q2: 15.352020 Q3: 18.372020 Q4: 19.982021 Q1: 19.112021 Q2: 16.752021 Q3: 17.562021 Q4: 18.342022 Q1: 19.162022 Q2: 14.312022 Q3: 12.672022 Q4: 12.362023 Q1: 12.482023 Q2: 14.272023 Q3: 15.332023 Q4: 15.812024 Q1: 16.342024 Q2: 13.722024 Q3: 15.41

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2015 Q4 tone ↓ -5.5 fwd EPS ↑ +0.12 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q2 tone ↓ -2.6 fwd EPS ↑ +0.17 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q1 tone ↓ -3.6 fwd EPS ↑ +0.35 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q3 tone ↓ -2.4 fwd EPS ↑ +0.13 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q2 tone ↑ +4.7 fwd EPS ↓ -0.53 Tone rose while the forward EPS estimate was cut.
  • 2020 Q3 tone ↓ -7.3 fwd EPS ↑ +0.23 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q1 tone ↓ -6.2 fwd EPS ↑ +0.11 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q3 tone ↓ -4.8 fwd EPS ↑ +0.18 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q1 tone ↓ -3.3 fwd EPS ↑ +0.16 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q3 tone ↓ -8.2 fwd EPS ↑ +0.11 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q4 tone ↑ +11.7 fwd EPS ↓ -0.19 Tone rose while the forward EPS estimate was cut.
  • 2023 Q2 tone ↑ +3.6 fwd EPS ↓ -0.11 Tone rose while the forward EPS estimate was cut.
  • 2023 Q3 tone ↓ -2.6 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↓ -4.0 fwd EPS ↑ +0.08 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-04-30+12.6——View →
2024 Q42025-02-05+18.6——View →
2024 Q32024-10-30+20.5$4.8915.4View →
2024 Q22024-07-31+11.5$4.7913.7View →
2024 Q12024-05-01+6.8$4.7116.3View →
2023 Q42024-02-06+10.8$4.6315.8View →
2023 Q32023-11-01+10.3$4.6115.3View →
2023 Q22023-08-02+12.9$4.4614.3View →