Subtext

Teradyne, Inc. TER

SectorInformation Technology
Transcripts47
Date range2007-07-19 – 2025-04-29
Calls charted47

Sentiment timeline

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

-15-7+0+7+152007 Q22008 Q42010 Q32012 Q12013 Q32021 Q12022 Q32024 Q12007 Q2 · Overall: +3.72007 Q3 · Overall: +3.32007 Q4 · Overall: +2.72008 Q1 · Overall: +3.52008 Q2 · Overall: +1.12008 Q3 · Overall: -4.72008 Q4 · Overall: -2.02009 Q1 · Overall: +3.62009 Q2 · Overall: +0.02009 Q3 · Overall: -13.02009 Q4 · Overall: +0.72010 Q1 · Overall: +6.62010 Q3 · Overall: -0.92010 Q4 · Overall: +6.12011 Q1 · Overall: +1.02011 Q2 · Overall: +3.62011 Q3 · Overall: +0.72011 Q4 · Overall: +5.32012 Q1 · Overall: +6.22012 Q2 · Overall: +5.82012 Q3 · Overall: +5.62012 Q4 · Overall: +5.62013 Q1 · Overall: +4.82013 Q2 · Overall: +0.82013 Q3 · Overall: +4.42013 Q4 · Overall: +6.52020 Q1 · Overall: -0.72020 Q2 · Overall: +2.62020 Q3 · Overall: +3.62020 Q4 · Overall: +0.92021 Q1 · Overall: +1.72021 Q2 · Overall: -0.62021 Q3 · Overall: +2.82021 Q4 · Overall: +0.52022 Q1 · Overall: +0.72022 Q2 · Overall: -6.92022 Q3 · Overall: -4.12022 Q4 · Overall: -0.42023 Q1 · Overall: +2.82023 Q2 · Overall: +3.12023 Q3 · Overall: -1.52023 Q4 · Overall: +4.52024 Q1 · Overall: +1.62024 Q2 · Overall: +7.02024 Q3 · Overall: +3.52024 Q4 · Overall: +6.92025 Q1 · Overall: +1.3
Overall

CEO vs CFO

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

-41-20+0+20+412007 Q22008 Q42010 Q32012 Q12013 Q32021 Q12022 Q32024 Q12007 Q2 · CEO: +4.12007 Q3 · CEO: +5.72007 Q4 · CEO: +5.52008 Q1 · CEO: +5.72008 Q2 · CEO: +4.82008 Q3 · CEO: +0.32008 Q4 · CEO: -1.02009 Q1 · CEO: +5.32009 Q2 · CEO: +4.72009 Q3 · CEO: -6.82009 Q4 · CEO: -0.42010 Q1 · CEO: +12.12010 Q3 · CEO: +1.02010 Q4 · CEO: +7.02011 Q1 · CEO: +3.22011 Q2 · CEO: +4.22011 Q3 · CEO: +2.42011 Q4 · CEO: +13.02012 Q1 · CEO: +9.02012 Q2 · CEO: +8.22012 Q3 · CEO: +6.32012 Q4 · CEO: +7.82013 Q1 · CEO: +9.42013 Q2 · CEO: +1.92013 Q3 · CEO: +6.42013 Q4 · CEO: +3.12020 Q1 · CEO: +2.42020 Q2 · CEO: +4.32020 Q3 · CEO: +5.52020 Q4 · CEO: +5.62021 Q1 · CEO: +4.82021 Q2 · CEO: +1.72021 Q3 · CEO: +5.22021 Q4 · CEO: +4.22022 Q1 · CEO: +0.92022 Q2 · CEO: -10.12022 Q3 · CEO: +0.42022 Q4 · CEO: -2.62023 Q1 · CEO: +3.12023 Q2 · CEO: +6.52023 Q3 · CEO: +3.12023 Q4 · CEO: +10.02024 Q1 · CEO: +4.22024 Q2 · CEO: +10.42024 Q3 · CEO: +8.72024 Q4 · CEO: +14.92025 Q1 · CEO: +7.52007 Q2 · CFO: -22.22007 Q3 · CFO: +6.52007 Q4 · CFO: +6.42008 Q1 · CFO: +4.62008 Q2 · CFO: +9.02008 Q3 · CFO: +4.92008 Q4 · CFO: -2.22009 Q1 · CFO: +7.42009 Q2 · CFO: +6.82009 Q3 · CFO: +35.32009 Q4 · CFO: +11.82010 Q1 · CFO: +12.72010 Q3 · CFO: +6.42010 Q4 · CFO: +11.82011 Q1 · CFO: +9.62011 Q2 · CFO: +9.92011 Q3 · CFO: +7.12011 Q4 · CFO: +6.52012 Q1 · CFO: +8.32012 Q2 · CFO: +10.52012 Q3 · CFO: +12.52012 Q4 · CFO: +13.02013 Q1 · CFO: +5.02013 Q2 · CFO: +7.52013 Q3 · CFO: +9.52013 Q4 · CFO: +14.82020 Q1 · CFO: +1.42020 Q2 · CFO: +5.82020 Q3 · CFO: +7.72020 Q4 · CFO: +1.82021 Q1 · CFO: +8.32021 Q2 · CFO: +16.02021 Q3 · CFO: +5.52021 Q4 · CFO: +5.92022 Q1 · CFO: +2.02022 Q2 · CFO: -2.62022 Q3 · CFO: -4.72022 Q4 · CFO: -3.72023 Q1 · CFO: +18.02023 Q2 · CFO: +7.42023 Q3 · CFO: +1.12023 Q4 · CFO: +4.92024 Q1 · CFO: +6.92024 Q2 · CFO: +7.12024 Q3 · CFO: +2.22024 Q4 · CFO: +3.42025 Q1 · CFO: -5.0
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-105-52+0+52+1052007 Q22008 Q42010 Q32012 Q12013 Q32021 Q12022 Q32024 Q12007 Q2 · Prepared remarks: +10.22007 Q3 · Prepared remarks: +7.62007 Q4 · Prepared remarks: +9.82008 Q1 · Prepared remarks: +8.02008 Q2 · Prepared remarks: +4.82008 Q3 · Prepared remarks: -6.92008 Q4 · Prepared remarks: -4.32009 Q1 · Prepared remarks: +6.62009 Q2 · Prepared remarks: +6.92009 Q3 · Prepared remarks: -90.92009 Q4 · Prepared remarks: +11.32010 Q1 · Prepared remarks: +12.32010 Q3 · Prepared remarks: +6.82010 Q4 · Prepared remarks: +12.62011 Q1 · Prepared remarks: +4.02011 Q2 · Prepared remarks: +6.12011 Q3 · Prepared remarks: +4.82011 Q4 · Prepared remarks: +8.12012 Q1 · Prepared remarks: +9.72012 Q2 · Prepared remarks: +12.02012 Q3 · Prepared remarks: +5.52012 Q4 · Prepared remarks: +11.72013 Q1 · Prepared remarks: +7.02013 Q2 · Prepared remarks: +9.52013 Q3 · Prepared remarks: +9.52013 Q4 · Prepared remarks: +13.82020 Q1 · Prepared remarks: +2.42020 Q2 · Prepared remarks: +7.42020 Q3 · Prepared remarks: +7.82020 Q4 · Prepared remarks: +5.62021 Q1 · Prepared remarks: +8.82021 Q2 · Prepared remarks: +14.42021 Q3 · Prepared remarks: +7.22021 Q4 · Prepared remarks: +10.62022 Q1 · Prepared remarks: +6.72022 Q2 · Prepared remarks: -0.32022 Q3 · Prepared remarks: -2.32022 Q4 · Prepared remarks: +2.02023 Q1 · Prepared remarks: +7.22023 Q2 · Prepared remarks: +9.92023 Q3 · Prepared remarks: +5.62023 Q4 · Prepared remarks: +6.52024 Q1 · Prepared remarks: +18.62024 Q2 · Prepared remarks: +9.82024 Q3 · Prepared remarks: +3.82024 Q4 · Prepared remarks: +9.72025 Q1 · Prepared remarks: +3.22007 Q2 · Q&A responses: +2.72007 Q3 · Q&A responses: +6.42007 Q4 · Q&A responses: +1.92008 Q1 · Q&A responses: +2.62008 Q2 · Q&A responses: +5.62008 Q3 · Q&A responses: +1.22008 Q4 · Q&A responses: -0.22009 Q1 · Q&A responses: +3.12009 Q2 · Q&A responses: +0.32009 Q3 · Q&A responses: +4.02009 Q4 · Q&A responses: -3.12010 Q1 · Q&A responses: +9.22010 Q3 · Q&A responses: +1.12010 Q4 · Q&A responses: +5.72011 Q1 · Q&A responses: +5.12011 Q2 · Q&A responses: +3.82011 Q3 · Q&A responses: +0.52011 Q4 · Q&A responses: +7.02012 Q1 · Q&A responses: +6.22012 Q2 · Q&A responses: +4.32012 Q3 · Q&A responses: +10.12012 Q4 · Q&A responses: +5.62013 Q1 · Q&A responses: +6.42013 Q2 · Q&A responses: -3.22013 Q3 · Q&A responses: +4.12013 Q4 · Q&A responses: +4.82020 Q1 · Q&A responses: +0.52020 Q2 · Q&A responses: +1.62020 Q3 · Q&A responses: +3.42020 Q4 · Q&A responses: +0.92021 Q1 · Q&A responses: +2.82021 Q2 · Q&A responses: +3.42021 Q3 · Q&A responses: +2.52021 Q4 · Q&A responses: -2.22022 Q1 · Q&A responses: -3.02022 Q2 · Q&A responses: -8.92022 Q3 · Q&A responses: -2.42022 Q4 · Q&A responses: +0.22023 Q1 · Q&A responses: +5.42023 Q2 · Q&A responses: +3.02023 Q3 · Q&A responses: -1.12023 Q4 · Q&A responses: +7.62024 Q1 · Q&A responses: +2.82024 Q2 · Q&A responses: +8.92024 Q3 · Q&A responses: +7.92024 Q4 · Q&A responses: +11.42025 Q1 · Q&A responses: +3.7
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

$3.04$4.83$6.612007 Q22008 Q42010 Q32012 Q12013 Q32021 Q12022 Q32024 Q12020 Q1: $3.312020 Q2: $3.292020 Q3: $4.012020 Q4: $4.872021 Q1: $4.922021 Q2: $5.552021 Q3: $5.942021 Q4: $6.362022 Q1: $5.332022 Q2: $5.752022 Q3: $4.762022 Q4: $3.962023 Q1: $3.632023 Q2: $3.732023 Q3: $4.162023 Q4: $3.722024 Q1: $3.402024 Q2: $3.972024 Q3: $4.262024 Q4: $4.27

Forward P/E

12.0126.0940.162007 Q22008 Q42010 Q32012 Q12013 Q32021 Q12022 Q32024 Q12020 Q1: 13.952020 Q2: 23.842020 Q3: 19.022020 Q4: 24.592021 Q1: 23.892021 Q2: 23.092021 Q3: 20.582021 Q4: 25.472022 Q1: 21.892022 Q2: 16.062022 Q3: 17.572022 Q4: 23.782023 Q1: 28.252023 Q2: 29.632023 Q3: 23.462023 Q4: 26.392024 Q1: 31.062024 Q2: 38.222024 Q3: 29.982024 Q4: 28.99

Divergence watch ⚑

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

  • 2020 Q4 tone ↓ -2.7 fwd EPS ↑ +0.86 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q2 tone ↓ -2.3 fwd EPS ↑ +0.64 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q4 tone ↓ -2.3 fwd EPS ↑ +0.42 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q2 tone ↓ -7.5 fwd EPS ↑ +0.42 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q3 tone ↑ +2.8 fwd EPS ↓ -1.00 Tone rose while the forward EPS estimate was cut.
  • 2022 Q4 tone ↑ +3.7 fwd EPS ↓ -0.80 Tone rose while the forward EPS estimate was cut.
  • 2023 Q1 tone ↑ +3.1 fwd EPS ↓ -0.33 Tone rose while the forward EPS estimate was cut.
  • 2023 Q3 tone ↓ -4.5 fwd EPS ↑ +0.44 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q4 tone ↑ +6.0 fwd EPS ↓ -0.44 Tone rose while the forward EPS estimate was cut.
  • 2024 Q3 tone ↓ -3.5 fwd EPS ↑ +0.29 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-04-29+1.3——View →
2024 Q42025-01-30+6.9$4.2729.0View →
2024 Q32024-10-24+3.5$4.2630.0View →
2024 Q22024-07-25+7.0$3.9738.2View →
2024 Q12024-04-25+1.6$3.4031.1View →
2023 Q42024-01-31+4.5$3.7226.4View →
2023 Q32023-10-26-1.5$4.1623.5View →
2023 Q22023-07-27+3.1$3.7329.6View →