Subtext

PTC Inc. PTC

SectorInformation Technology
Transcripts22
Date range2020-01-22 – 2025-04-30
Calls charted22

Sentiment timeline

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

-15-7+0+7+152020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32025 Q22020 Q1 · Overall: +9.82020 Q2 · Overall: -3.32020 Q3 · Overall: +4.02020 Q4 · Overall: +10.02021 Q1 · Overall: +13.02021 Q2 · Overall: +12.92021 Q3 · Overall: +12.92021 Q4 · Overall: +9.52022 Q1 · Overall: +11.02022 Q2 · Overall: +11.52022 Q3 · Overall: +11.02022 Q4 · Overall: +4.72023 Q1 · Overall: +6.52023 Q2 · Overall: +9.22023 Q3 · Overall: +8.42023 Q4 · Overall: +8.72024 Q1 · Overall: +8.42024 Q2 · Overall: -0.32024 Q3 · Overall: +7.52024 Q4 · Overall: +2.82025 Q1 · Overall: +8.62025 Q2 · Overall: +2.3
Overall

CEO vs CFO

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

-22-11+0+11+222020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32025 Q22020 Q1 · CEO: +16.62020 Q2 · CEO: -2.32020 Q3 · CEO: +5.92020 Q4 · CEO: +15.02021 Q1 · CEO: +18.22021 Q2 · CEO: +19.02021 Q3 · CEO: +16.62021 Q4 · CEO: +12.62022 Q1 · CEO: +18.92022 Q2 · CEO: +16.32022 Q3 · CEO: +14.92022 Q4 · CEO: +7.22023 Q1 · CEO: +9.52023 Q2 · CEO: +13.12023 Q3 · CEO: +16.82023 Q4 · CEO: +13.92024 Q1 · CEO: +18.82024 Q2 · CEO: +10.42024 Q3 · CEO: +13.62024 Q4 · CEO: +6.42025 Q1 · CEO: +14.22025 Q2 · CEO: +7.22020 Q1 · CFO: +2.12020 Q2 · CFO: -4.92020 Q3 · CFO: +5.02020 Q4 · CFO: +5.92021 Q1 · CFO: +14.32021 Q2 · CFO: +5.22021 Q3 · CFO: +7.62021 Q4 · CFO: +8.12022 Q1 · CFO: +3.02022 Q2 · CFO: +4.02022 Q3 · CFO: +8.12022 Q4 · CFO: +2.22023 Q1 · CFO: +5.62023 Q2 · CFO: +6.52023 Q3 · CFO: +3.72023 Q4 · CFO: +6.52024 Q2 · CFO: +4.12024 Q3 · CFO: +6.02024 Q4 · CFO: +1.62025 Q1 · CFO: +4.02025 Q2 · CFO: -1.2
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-28-14+0+14+282020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32025 Q22020 Q1 · Prepared remarks: +18.82020 Q2 · Prepared remarks: -0.62020 Q3 · Prepared remarks: +7.32020 Q4 · Prepared remarks: +21.32021 Q1 · Prepared remarks: +23.92021 Q2 · Prepared remarks: +21.62021 Q3 · Prepared remarks: +20.42021 Q4 · Prepared remarks: +11.62022 Q1 · Prepared remarks: +14.12022 Q2 · Prepared remarks: +13.02022 Q3 · Prepared remarks: +12.72022 Q4 · Prepared remarks: +6.42023 Q1 · Prepared remarks: +14.72023 Q2 · Prepared remarks: +10.72023 Q3 · Prepared remarks: +13.52023 Q4 · Prepared remarks: +11.92024 Q1 · Prepared remarks: +16.62024 Q2 · Prepared remarks: +4.32024 Q3 · Prepared remarks: +11.32024 Q4 · Prepared remarks: +6.92025 Q1 · Prepared remarks: +11.72025 Q2 · Prepared remarks: +7.02020 Q1 · Q&A responses: +8.72020 Q2 · Q&A responses: -6.42020 Q3 · Q&A responses: +3.32020 Q4 · Q&A responses: +4.52021 Q1 · Q&A responses: +7.42021 Q2 · Q&A responses: +8.52021 Q3 · Q&A responses: +11.22021 Q4 · Q&A responses: +8.82022 Q1 · Q&A responses: +14.12022 Q2 · Q&A responses: +12.62022 Q3 · Q&A responses: +12.92022 Q4 · Q&A responses: -6.22023 Q1 · Q&A responses: -2.62023 Q2 · Q&A responses: +5.72023 Q3 · Q&A responses: +8.72023 Q4 · Q&A responses: +8.02024 Q1 · Q&A responses: +5.72024 Q2 · Q&A responses: +8.32024 Q3 · Q&A responses: +11.22024 Q4 · Q&A responses: -0.72025 Q1 · Q&A responses: +9.72025 Q2 · Q&A responses: +3.8
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

$2.33$4.39$6.442020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32025 Q22020 Q1: $2.622020 Q2: $2.682020 Q3: $2.772020 Q4: $2.972021 Q1: $3.492021 Q2: $3.712021 Q3: $3.942021 Q4: $4.552022 Q1: $4.692022 Q2: $5.162022 Q3: $5.182022 Q4: $4.762023 Q1: $4.822023 Q2: $5.022023 Q3: $5.052023 Q4: $5.162024 Q1: $5.542024 Q2: $5.682024 Q3: $5.832024 Q4: $6.16

Forward P/E

17.1628.7740.382020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32025 Q22020 Q1: 18.762020 Q2: 29.542020 Q3: 31.702020 Q4: 38.782021 Q1: 37.892021 Q2: 36.352021 Q3: 31.782021 Q4: 26.102022 Q1: 23.402022 Q2: 20.042022 Q3: 22.622022 Q4: 26.742023 Q1: 24.412023 Q2: 28.182023 Q3: 27.462023 Q4: 32.932024 Q1: 33.532024 Q2: 30.482024 Q3: 30.042024 Q4: 30.65

Divergence watch ⚑

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

  • 2020 Q2 tone ↓ -13.1 fwd EPS ↑ +0.06 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q4 tone ↓ -3.5 fwd EPS ↑ +0.61 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q2 tone ↓ -8.8 fwd EPS ↑ +0.14 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q4 tone ↓ -4.7 fwd EPS ↑ +0.33 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q22025-04-30+2.3——View →
2025 Q12025-02-05+8.6——View →
2024 Q42024-11-06+2.8$6.1630.6View →
2024 Q32024-07-31+7.5$5.8330.0View →
2024 Q22024-05-01-0.3$5.6830.5View →
2024 Q12024-01-31+8.4$5.5433.5View →
2023 Q42023-11-01+8.7$5.1632.9View →
2023 Q32023-07-26+8.4$5.0527.5View →