Included on Starter and every plan above it, with no monthly cap. See the plan comparison.
A finished read: headline numbers, the signal, and the factors behind the confidence score.
Two ways in
- Pick a ticker and quarter
- Upload a file
No file needed. Type a symbol, choose a quarter, and Tradion fetches the call transcript itself. The quarter list is annotated with beat or miss where known — 2025Q2 — Beat 6.3%. With no transcript available, Tradion falls back to earnings press coverage without flagging it, so a thin-reading analysis usually means the transcript wasn’t there.
The spider signal
The result opens with a direction — BULLISH, BEARISH, or NEUTRAL — a conviction of Strong, Moderate, or Weak, a confidence percentage, and a paragraph of reasoning. Conviction is how firmly it holds that direction; confidence is how well the evidence supports it. Confidence is a weighted average of five scored factors, each with a one-line justification:
Reading a verdict explains why the five factors matter more than the headline number.
Key metrics, and what beat and miss mean
A strip across the top shows EPS, revenue, year-over-year growth, guidance direction, and the size of the EPS surprise. EPS is earnings per share — total profit divided by the number of shares, which is why Wall Street quotes it: companies of different sizes compare directly. A consensus estimate is the average of what professional analysts covering the stock predicted. Beat means the reported figure came in above that average; miss means below. Neither says the business is good or bad — it says the business surprised the people paid to predict it. YoY (year-over-year) compares this quarter with the same quarter a year ago rather than last quarter, stripping out seasonal patterns.In plain English
A company can beat on EPS and fall anyway. Beating an estimate that was quietly cut twice is not the same as beating a stretch estimate, and the market knows the difference. The beat is the start of the question, not the answer.Guidance, and why it moves the stock more
Guidance is the company’s own forecast for the coming quarter or year — revenue, margins, expenses. Tradion shows each item beside the previous guidance and the analyst consensus. Guidance moves stocks harder than the reported quarter does, because that quarter is history. A beat paired with guidance below consensus is the classic way a stock falls on good news.Management tone
Two panels read how the results were delivered rather than what they were. Tone divergence scores the CEO and the CFO separately and flags a gap between them — the chief executive selling the story while the finance chief hedges is worth knowing. Hedge words counts uncertainty language (“challenging environment”, “transitioning”), rates it low, medium, or high, quotes examples, and says whether it rose or fell since the last call. Alongside those: a sentiment score with the phrases behind it, red flags, and quotes tagged by speaker and by whether each leans bullish or bearish.Bull versus bear, segments, and peers
Tradion writes both cases: a one-line thesis, two or three catalysts or risks, and a conviction rating each. The side you disagree with is the one worth reading. A segment is a part of the business reported separately — a cloud division, a hardware line, a region. The segment table gives revenue and year-over-year growth for each, which is where a flat headline turns out to be one part surging while another sinks. Peer comparison puts competitors’ EPS against estimate for the same quarter side by side, with how each stock reacted.The options implied move
An implied move is how far the options market expects the share price to travel, either direction, around the earnings date. It comes from what traders pay for options: a live price on uncertainty, not a published forecast. The panel leads with that percentage and the price range it implies. Underneath:- Straddle cost — the combined price of one call and one put at the strike nearest the current price. Buying both bets on movement without picking a direction, so its cost is the expected move. This panel is the only place straddle numbers appear.
- At-the-money call and put — strike, price, and implied volatility: how much movement the option’s price implies traders expect. Higher means pricier options.
- IV skew — whether calls or puts are the more expensive, labelled upside bias or downside fear.
- Open interest and volume — how many contracts are outstanding, and how many changed hands today. Both split into calls and puts, with the put/call ratio read as positioning.
Risk factors and the rest
Risk factors lists each risk with a severity of High, Medium, or Low and what would offset it. Then an earnings history strip — beat rate and surprise on the last eight quarters — insider buying and selling, macro context, and a watch list for next quarter. Copy Summary puts the report on your clipboard.Analysis history
Every analysis saves automatically under the company and quarter. History lists them newest first; click to reopen the exact report, or delete it with a confirmation step. A reopened report carries a live price badge that keeps refreshing. That price is today’s, not the price on the earnings date — the report is frozen, the badge is not. Earnings Spider describes a report. It does not know your positions or your timeline, and none of it is a recommendation to trade.Reading a verdict
What direction, conviction, and confidence each claim.
Glossary
Plain-English definitions for terms used across Tradion.