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Research firm

Berenberg

9 analysts asked questions on tracked earnings calls, covering 19 companies across 4 sectors.

Period: Reporting periods mapped to calendar 2024 Q3 – 2026 Q3 (9 quarters).

Questions
66on tracked calls
Challenge rate
12%8 of 66 questions
Analysts
9with at least one question
Companies
19questioned at least once

These figures cover the whole profile: every tracked question, all reporting periods.

How to read these numbers

Challenge rate is the share of questions that pushed back, pressed for specifics or questioned management’s assumptions. It describes how questions were asked on the calls tracked here; it does not measure whether any view turned out to be right.

Rounding. Rates are rounded to whole percentages, so a small share can show as 0% even when some questions were challenging. The count beside each rate is exact; “none of N questions” means no question was challenging.

No questions recorded. “—” means there is nothing to calculate: no questions were recorded for that period on the calls tracked here. It does not mean there was no activity.

Small samples. Profiles with fewer than 10 questions are marked Limited sample.

Reporting periods. Questions are grouped by the calendar quarter each company’s fiscal reporting period maps to, not by the date of the call. Periods without a calendar mapping are listed separately under their fiscal label.

Analysts

Most questions first. Each challenge rate shows the exact count behind it.

AnalystCompaniesQuestionsChallenge rate
Nay Naing42010%2 of 20 questions
Luisa Hector3140%none of 14 questions
Tammy QiuLimited sample1922%2 of 9 questions
Aron CeccarelliLimited sample4714%1 of 7 questions
Kerry HolfordLimited sample2714%1 of 7 questions
Andres Castanos-MollorLimited sample2425%1 of 4 questions
Fulvio CazzolLimited sample130%none of 3 questions
Phil BullerLimited sample110%none of 1 question
Sebastian BrayLimited sample11100%1 of 1 question
  • Nay Naing
    4 companies · 20 questions
    10%2 of 20 questions
  • Luisa Hector
    3 companies · 14 questions
    0%none of 14 questions
  • Tammy QiuLimited sample
    1 company · 9 questions
    22%2 of 9 questions
  • Aron CeccarelliLimited sample
    4 companies · 7 questions
    14%1 of 7 questions
  • Kerry HolfordLimited sample
    2 companies · 7 questions
    14%1 of 7 questions
  • Andres Castanos-MollorLimited sample
    2 companies · 4 questions
    25%1 of 4 questions
  • Fulvio CazzolLimited sample
    1 company · 3 questions
    0%none of 3 questions
  • Phil BullerLimited sample
    1 company · 1 question
    0%none of 1 question
  • Sebastian BrayLimited sample
    1 company · 1 question
    100%1 of 1 question

Companies

Most questions first, counting every analyst at this firm.

Activity by reporting period

Questions recorded for each calendar quarter that companies’ reporting periods map to (not the call date), with the challenge rate for that period. Periods inside the range with no questions are shown as “No questions recorded”.

Questions by calendar reporting period
Calendar periodQuestionsChallenge rateAnalystsCompanies
2024 Q31100%1 of 1 question11
2024 Q41217%2 of 12 questions69
2025 Q1120%none of 12 questions611
2025 Q21421%3 of 14 questions511
2025 Q3714%1 of 7 questions46
2025 Q460%none of 6 questions35
2026 Q1617%1 of 6 questions34
2026 Q260%none of 6 questions36
2026 Q320%none of 2 questions11
  1. 2024 Q31 question · challenge rate 100% (1 of 1 question) · 1 analyst · 1 company
  2. 2024 Q412 questions · challenge rate 17% (2 of 12 questions) · 6 analysts · 9 companies
  3. 2025 Q112 questions · challenge rate 0% (none of 12 questions) · 6 analysts · 11 companies
  4. 2025 Q214 questions · challenge rate 21% (3 of 14 questions) · 5 analysts · 11 companies
  5. 2025 Q37 questions · challenge rate 14% (1 of 7 questions) · 4 analysts · 6 companies
  6. 2025 Q46 questions · challenge rate 0% (none of 6 questions) · 3 analysts · 5 companies
  7. 2026 Q16 questions · challenge rate 17% (1 of 6 questions) · 3 analysts · 4 companies
  8. 2026 Q26 questions · challenge rate 0% (none of 6 questions) · 3 analysts · 6 companies
  9. 2026 Q32 questions · challenge rate 0% (none of 2 questions) · 1 analyst · 1 company

Topics and sectors

Topics tagged on this firm’s questions

  • Demand20
  • Competitive Dynamics14
  • Revenue Growth11
  • Product Launch10
  • Pricing9
  • Regulation Policy9
  • Cloud & AI8
  • Margin8
  • Guidance Reliability7
  • Innovation & R&D7
Show all 19 topics
  • Cost Pressure4
  • Macroeconomic3
  • Geographic Expansion3
  • Trade Tariffs3
  • Capex Investment3
  • M&A2
  • Supply Chain2
  • Capital Allocation1
  • Subscriber Growth1

Questions by company sector

  • Technology29
  • Healthcare21
  • Basic Materials15
  • Industrials1