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After the books closed

After the books closed: the quarter's biggest news happened too late to be in the numbers

Calls Tested
497
Answered YES
13
Hit Rate
2.6%
rare by design

ICF International, Inc. (ICFI) — this company's answers

NO on the Q1 2017 call 2017-05-06 B+
The model's full reasoning — Q1 2017 call → NO我们根据提供的财报电话会议记录来判断。问题要求:管理层是否报告了最重要的积极发展发生在报告期结束或之后不久,以至于所呈现的结果几乎没有包含这些发展的影响,并且管理层自己指出了这一时间点。 我们需要在记录中寻找管理层明确提到“季度末”、“最后几周”、“自季度末以来”等时间锚点,并且这些事件是具体的、已发生的,且管理层认为它们对当前业务有重大影响,而报告的结果没有反映它们。 浏览记录: - 在开场中,Sudhakar提到“第一季度结果符合预期”,并提到“1月和2月业务回升,3月继续”,但这是关于整个季度的。 - 关于联邦政府业务,提到“提案和奖励活动在整个季度逐步增加”,没有特别强调季末。 - 关于ICF Olson,提到“第一季度赢得了大量新工作,合格新业务管道比2016年底显著增加”,但这是关于管道,不是具体事件。 - 关于能源市场,提到“再次成为突出表现者”,但这是关于整个季度的。 - 关于预算协议,提到“周一的消息”(即5月1日,在季度结束后),但这是关于未来展望,不是已发生的事件。 - 在John的发言中,提到“我们以创纪录的47亿美元新业务管道结束了本季度,并开始本月(5月)时在2017财年联邦预算上取得了积极结果”,这提到了预算协议是在季度后,但这是关于未来。 - 关于合同获胜,提到“我们赢得的合同……为美国国家卫生研究院提供通信服务”,但未指明时间。 - 关于洛杉矶县大都会交通管理局的合同,提到“第一季度赢得的2500万美元”,这是季度内。 - 关于国际政府业务,提到“第一季度增长6.7%”,这是整个季度。 - 在James的财务部分,没有提到具体事件。 - 在问答环节,有分析师问及政府支出,Sudhakar回答“第一季度内逐渐增加”,没有强调季末。 - 关于ICF Olson,John说“第一季度赢得的胜利相当强劲,管道继续改善”,但未指明时间。 - 关于预算,Sudhakar说“周一的消息”(5月1日)是预算协议,但这是关于未来,不是已发生的事件。 关键点:管理层是否明确提到某个具体事件发生在季度末或之后,并且说结果没有反映它?在记录中,没有明确说“在季度最后几周”或“自季度末以来”发生了具体事件。预算协议是在5月1日,但那是关于未来预算,不是已发生的业务事件。管理层提到“我们开始本月时在2017财年联邦预算上取得了积极结果”,但这是关于预算,不是关于公司业务结果。 此外,管理层没有说“由于这些事件发生在季末,我们的结果没有反映它们”。相反,他们提到第一季度结果符合预期,并展望未来。 因此,答案应为NO。

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Show the exact prompt the model was given
Using ONLY the supplied earnings call transcript and no outside information: On this call, does management report that the MOST IMPORTANT POSITIVE DEVELOPMENTS of the period happened SO LATE IN THE REPORTED PERIOD, OR SHORTLY AFTER IT ENDED, that the results being presented contain little or none of their effect — with management itself marking the timing? Answer YES when management's own words convey, in whatever form fits the business, ONE coherent situation with BOTH halves present: (1) LATE-BREAKING, CONCRETE POSITIVE EVENTS. Management points to specific favorable developments that actually occurred near the end of the reported period or in the weeks since it closed — real events, not hopes or pipeline. The events may take whatever form fits the industry: a contract, order, customer, or program signed or won late in the period or after quarter-end; a facility, location, product, or service that opened, launched, or shipped its first volumes in the final stretch or just afterward; an approval, certification, or qualification obtained late that has already begun converting into business; a large customer that went live, began ordering, or expanded right at the close or since; an acquisition or capability completed at or after period-end that is now operating. What matters is that management itself anchors the timing — saying in substance 'late in the quarter,' 'in the final weeks,' 'at the very end of the period,' 'since quarter-end,' 'subsequent to the close,' 'just after the period ended,' or equivalent — for events that are described as done or now happening, not merely expected. (2) MANAGEMENT TREATS THEM AS THE REAL STORY THE NUMBERS MISSED. Management conveys, directly or plainly in substance, that because of this timing the reported results reflect little or none of these developments — and treats them as consequential to where the company is now heading, for example by discussing how they will contribute in coming periods, how the company is now delivering or ramping them, or by contrasting the period's reported figures with the level of business the company is already doing as it exits. The late events should be presented as meaningful relative to the company's current size — capable of changing its trajectory — rather than as routine items in a long list. Answer NO if the period's positive developments are described as spread across the quarter in the ordinary way, with no emphasis on late or post-period timing. NO if the late-dated items are only letters of intent, negotiations, pipeline, expected signings, or events still contingent on approvals, financing, or decisions not yet made. NO if the late events are routine in scale for this company — the normal cadence of wins or openings it always reports — with no sense that they change its level of business. NO if management mentions timing only as an excuse for weak results without concrete late-arriving positives now in hand. NO if the post-period mention is a boilerplate subsequent-events disclosure that management does not connect to the company's trajectory. NO if the timing framing appears only in an analyst's question or model that management does not itself affirm. Use only the supplied transcript. Answer only YES or NO.

Companies that answered YES

TickerCompanyCallDateCall grade
ASM Avino Silver & Gold Mines Ltd. Q4 2023 2024-03-21 C+
KOPN Kopin Corporation Q4 2023 2024-03-14 C+
SCPH scPharmaceuticals Inc. Q3 2023 2023-11-08 B
NBTX Nanobiotix S.A. Q2 2023 2023-09-27 D
SWBI Smith & Wesson Brands, Inc. Q1 2023 2022-09-08 C+
YMM Full Truck Alliance Co. Ltd. Q2 2022 2022-08-25 C+
VNRX VolitionRx Limited Q1 2022 2022-05-12 F
OPK OPKO Health, Inc. Q1 2022 2022-05-09 D
BFIN BankFinancial Corporation Q1 2022 2022-05-06 A
RNW ReNew Energy Global Plc Q2 2022 2021-11-18 C
BFI BurgerFi International, Inc. Q3 2021 2021-11-12 C
LIND Lindblad Expeditions Holdings, Inc. Q2 2017 2017-08-06 C
PLAB Photronics, Inc. Q2 2017 2017-05-17 C+

How the model reasoned

OPK · Q1 2022 → YESThe question is: Does management report that the MOST IMPORTANT POSITIVE DEVELOPMENTS of the period happened SO LATE IN THE REPORTED PERIOD, OR SHORTLY AFTER IT ENDED, that the results being presented...YES The transcript shows management treating the ModeX acquisition (announced and closed on the call date, May 9) and the Sema4/GeneDx deal (closed April 29) as major positive developments that occurred after the Q1 period ended. These are framed as key steps toward unlocking value and are highlighted as the "exciting announcement" that changed the call format.
RNW · Q2 2022 → YESThe question is: Does management report that the MOST IMPORTANT POSITIVE DEVELOPMENTS of the period happened SO LATE IN THE REPORTED PERIOD, OR SHORTLY AFTER IT ENDED, that the results being presented...YES The transcript shows management explicitly marking the timing of key positive developments: 400 MW commissioned "since the end of the quarter" (bringing operating capacity to 7 GW today, with another 400 MW scheduled "over the next couple of weeks"), plus the completed Telangana acquisition adding 260 MW.
ASM · Q4 2023 → YESThe question is: Does management report that the MOST IMPORTANT POSITIVE DEVELOPMENTS of the period happened SO LATE IN THE REPORTED PERIOD, OR SHORTLY AFTER IT ENDED, that the results being presented...

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Not investment advice. Artul.ai publishes AI-generated earnings-call quality grades and expected-volatility estimates — never buy or sell recommendations. We tested over 1,600 predictive hypotheses against 165,000 transcripts; the honest result, including what failed, is documented in our methodology.