Subtext

Keysight Technologies, Inc. KEYS

SectorInformation Technology
Transcripts29
Date range2018-03-01 – 2025-02-25
Calls charted29

Sentiment timeline

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

-23-12+0+12+232018 Q12019 Q12020 Q12021 Q12022 Q12023 Q12024 Q12025 Q12018 Q1 · Overall: +11.32018 Q2 · Overall: +12.32018 Q3 · Overall: +16.22018 Q4 · Overall: +15.72019 Q1 · Overall: +13.12019 Q2 · Overall: +20.42019 Q3 · Overall: +15.82019 Q4 · Overall: +15.02020 Q1 · Overall: +14.12020 Q2 · Overall: +4.62020 Q3 · Overall: +11.32020 Q4 · Overall: +12.22021 Q1 · Overall: +11.22021 Q2 · Overall: +11.12021 Q3 · Overall: +14.02021 Q4 · Overall: +15.02022 Q1 · Overall: +13.52022 Q2 · Overall: +12.82022 Q3 · Overall: +15.22022 Q4 · Overall: +9.32023 Q1 · Overall: +8.22023 Q2 · Overall: +13.82023 Q3 · Overall: +7.12023 Q4 · Overall: +6.52024 Q1 · Overall: +11.32024 Q2 · Overall: +0.62024 Q3 · Overall: +10.62024 Q4 · Overall: +13.12025 Q1 · Overall: +12.6
Overall

CEO vs CFO

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

-36-18+0+18+362018 Q12019 Q12020 Q12021 Q12022 Q12023 Q12024 Q12025 Q12018 Q1 · CEO: +17.92018 Q2 · CEO: +23.12018 Q3 · CEO: +21.42018 Q4 · CEO: +30.92019 Q1 · CEO: +26.42019 Q2 · CEO: +30.32019 Q3 · CEO: +26.92019 Q4 · CEO: +23.52020 Q1 · CEO: +25.02020 Q2 · CEO: +9.12020 Q3 · CEO: +21.42020 Q4 · CEO: +22.62021 Q1 · CEO: +18.82021 Q2 · CEO: +28.22021 Q3 · CEO: +22.02021 Q4 · CEO: +22.12022 Q1 · CEO: +25.32022 Q2 · CEO: +30.32022 Q3 · CEO: +28.42022 Q4 · CEO: +27.12023 Q1 · CEO: +23.92023 Q2 · CEO: +28.32023 Q3 · CEO: +21.22023 Q4 · CEO: +22.52024 Q1 · CEO: +24.02024 Q2 · CEO: +12.62024 Q3 · CEO: +20.72024 Q4 · CEO: +26.82025 Q1 · CEO: +24.12018 Q1 · CFO: +9.62018 Q2 · CFO: +10.32018 Q3 · CFO: +17.42018 Q4 · CFO: +14.32019 Q1 · CFO: +10.82019 Q2 · CFO: +25.32019 Q3 · CFO: +19.42019 Q4 · CFO: +15.52020 Q1 · CFO: +5.72020 Q2 · CFO: +6.72020 Q3 · CFO: +11.82020 Q4 · CFO: +14.22021 Q2 · CFO: +10.12021 Q3 · CFO: +13.42021 Q4 · CFO: +14.42022 Q1 · CFO: +15.62022 Q2 · CFO: +2.32022 Q3 · CFO: +6.92022 Q4 · CFO: +0.52023 Q1 · CFO: +3.72023 Q2 · CFO: +10.62023 Q3 · CFO: -3.92023 Q4 · CFO: -2.82024 Q1 · CFO: +2.82024 Q2 · CFO: -7.32024 Q3 · CFO: +6.02024 Q4 · CFO: +10.12025 Q1 · CFO: +4.4
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-35-17+0+17+352018 Q12019 Q12020 Q12021 Q12022 Q12023 Q12024 Q12025 Q12018 Q1 · Prepared remarks: +17.72018 Q2 · Prepared remarks: +17.92018 Q3 · Prepared remarks: +21.82018 Q4 · Prepared remarks: +28.22019 Q1 · Prepared remarks: +21.82019 Q2 · Prepared remarks: +29.72019 Q3 · Prepared remarks: +27.02019 Q4 · Prepared remarks: +22.22020 Q1 · Prepared remarks: +28.42020 Q2 · Prepared remarks: +10.02020 Q3 · Prepared remarks: +19.72020 Q4 · Prepared remarks: +17.72021 Q1 · Prepared remarks: +21.12021 Q2 · Prepared remarks: +23.22021 Q3 · Prepared remarks: +24.72021 Q4 · Prepared remarks: +30.02022 Q1 · Prepared remarks: +22.32022 Q2 · Prepared remarks: +27.02022 Q3 · Prepared remarks: +21.92022 Q4 · Prepared remarks: +24.32023 Q1 · Prepared remarks: +14.22023 Q2 · Prepared remarks: +28.82023 Q3 · Prepared remarks: +12.52023 Q4 · Prepared remarks: +9.82024 Q1 · Prepared remarks: +16.42024 Q2 · Prepared remarks: +7.32024 Q3 · Prepared remarks: +14.82024 Q4 · Prepared remarks: +20.32025 Q1 · Prepared remarks: +24.02018 Q1 · Q&A responses: +12.72018 Q2 · Q&A responses: +14.32018 Q3 · Q&A responses: +17.82018 Q4 · Q&A responses: +14.32019 Q1 · Q&A responses: +14.42019 Q2 · Q&A responses: +20.42019 Q3 · Q&A responses: +16.22019 Q4 · Q&A responses: +16.72020 Q1 · Q&A responses: +13.02020 Q2 · Q&A responses: +9.32020 Q3 · Q&A responses: +13.52020 Q4 · Q&A responses: +18.32021 Q1 · Q&A responses: +12.42021 Q2 · Q&A responses: +12.52021 Q3 · Q&A responses: +15.52021 Q4 · Q&A responses: +9.52022 Q1 · Q&A responses: +18.32022 Q2 · Q&A responses: +11.82022 Q3 · Q&A responses: +20.32022 Q4 · Q&A responses: +6.42023 Q1 · Q&A responses: +14.72023 Q2 · Q&A responses: +13.82023 Q3 · Q&A responses: +10.62023 Q4 · Q&A responses: +11.12024 Q1 · Q&A responses: +15.92024 Q2 · Q&A responses: +3.92024 Q3 · Q&A responses: +14.22024 Q4 · Q&A responses: +15.82025 Q1 · Q&A responses: +14.6
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

$2.65$5.77$8.892018 Q12019 Q12020 Q12021 Q12022 Q12023 Q12024 Q12025 Q12018 Q1: $3.082018 Q2: $3.322018 Q3: $3.592018 Q4: $3.852019 Q1: $4.152019 Q2: $4.442019 Q3: $4.842019 Q4: $5.242020 Q1: $5.512020 Q2: $4.752020 Q3: $5.322020 Q4: $5.672021 Q1: $5.992021 Q2: $6.272021 Q3: $6.592021 Q4: $6.992022 Q1: $7.242022 Q2: $7.542022 Q3: $8.012022 Q4: $8.112023 Q1: $8.202023 Q2: $8.462023 Q3: $7.812023 Q4: $7.122024 Q1: $6.652024 Q2: $6.642024 Q3: $6.902024 Q4: $7.11

Forward P/E

14.5222.4030.282018 Q12019 Q12020 Q12021 Q12022 Q12023 Q12024 Q12025 Q12018 Q1: 17.422018 Q2: 18.512018 Q3: 18.092018 Q4: 15.612019 Q1: 20.282019 Q2: 19.532019 Q3: 20.952019 Q4: 19.852020 Q1: 15.612020 Q2: 21.962020 Q3: 18.412020 Q4: 21.852021 Q1: 22.952021 Q2: 23.742021 Q3: 27.252021 Q4: 29.192022 Q1: 21.322022 Q2: 18.362022 Q3: 20.992022 Q4: 22.562023 Q1: 18.832023 Q2: 19.412023 Q3: 16.892023 Q4: 21.402024 Q1: 22.842024 Q2: 20.502024 Q3: 21.762024 Q4: 22.53

Divergence watch ⚑

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

  • 2019 Q1 tone ↓ -2.6 fwd EPS ↑ +0.30 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q3 tone ↓ -4.6 fwd EPS ↑ +0.39 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q4 tone ↓ -5.9 fwd EPS ↑ +0.10 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↑ +4.8 fwd EPS ↓ -0.47 Tone rose while the forward EPS estimate was cut.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-02-25+12.6——View →
2024 Q42024-11-19+13.1$7.1122.5View →
2024 Q32024-08-20+10.6$6.9021.8View →
2024 Q22024-05-20+0.6$6.6420.5View →
2024 Q12024-02-20+11.3$6.6522.8View →
2023 Q42023-11-20+6.5$7.1221.4View →
2023 Q32023-08-17+7.1$7.8116.9View →
2023 Q22023-05-16+13.8$8.4619.4View →