- About this data
- One run of the pipeline on the four most recent calls of three companies that publish full transcripts on their own investor-relations sites: Microsoft FY26 Q1–Q4, Alphabet and Meta Q3 2025–Q2 2026 (calls from October 2025 to July 2026). Scores by claude-sonnet-5, run 2026-09-25; EPS estimates and prices from Yahoo Finance. Quotes come only from the latest call's prepared remarks and are checked word for word against the transcript. Four quarters per company show how the scores moved, but four points are far too few to support any claim that tone predicts returns. The Sample JSON file is synthetic.
- Not verified here
- Whether the framing gap predicts residual returns (a few hundred calls would still be a small sample); the EPS-surprise control uses a constant γ; sector proxies are ETFs, not a factor model; loaded files are validated for shape, not for correctness.