Subtext

Broadcom Inc. AVGO

SectorInformation Technology
Transcripts78
Date range2006-01-31 – 2025-03-06
Calls charted77

Sentiment timeline

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

-15-8+0+8+152005 Q42008 Q32011 Q12013 Q32016 Q12018 Q32021 Q12023 Q32005 Q4 · Overall: +10.12006 Q1 · Overall: +5.22006 Q2 · Overall: +5.12006 Q3 · Overall: +0.02006 Q4 · Overall: +5.12007 Q2 · Overall: +2.72007 Q3 · Overall: +0.42007 Q4 · Overall: +3.32008 Q1 · Overall: +5.42008 Q2 · Overall: +6.72008 Q3 · Overall: +5.92008 Q4 · Overall: +1.92009 Q1 · Overall: +3.52009 Q2 · Overall: +5.02009 Q3 · Overall: +5.82009 Q4 · Overall: +9.92010 Q1 · Overall: +8.82010 Q2 · Overall: +7.82010 Q3 · Overall: +8.62010 Q4 · Overall: +10.42011 Q1 · Overall: +7.22011 Q2 · Overall: +7.22011 Q3 · Overall: +3.42011 Q4 · Overall: -8.72012 Q1 · Overall: +8.02012 Q2 · Overall: -1.22012 Q3 · Overall: +1.72012 Q4 · Overall: -1.62013 Q1 · Overall: -3.42013 Q2 · Overall: +2.82013 Q3 · Overall: +0.52013 Q4 · Overall: +7.12014 Q1 · Overall: +13.32014 Q2 · Overall: -0.12014 Q3 · Overall: +0.12014 Q4 · Overall: +3.82015 Q1 · Overall: +4.62015 Q2 · Overall: +8.42015 Q3 · Overall: +3.82015 Q4 · Overall: +5.92016 Q1 · Overall: +0.12016 Q2 · Overall: +5.82016 Q3 · Overall: +6.22016 Q4 · Overall: +6.62017 Q1 · Overall: +9.72017 Q2 · Overall: +0.72017 Q3 · Overall: +8.32017 Q4 · Overall: +2.22018 Q1 · Overall: +7.42018 Q2 · Overall: +3.72018 Q3 · Overall: +7.92018 Q4 · Overall: +0.52019 Q1 · Overall: +3.72019 Q2 · Overall: -2.82019 Q3 · Overall: +2.22019 Q4 · Overall: +3.92020 Q1 · Overall: -2.52020 Q2 · Overall: -3.72020 Q3 · Overall: +3.02020 Q4 · Overall: +1.52021 Q1 · Overall: -3.22021 Q2 · Overall: +4.02021 Q3 · Overall: -0.72021 Q4 · Overall: +3.12022 Q1 · Overall: +3.92022 Q2 · Overall: +7.12022 Q3 · Overall: +0.02022 Q4 · Overall: -3.52023 Q1 · Overall: +1.22023 Q2 · Overall: +3.12023 Q3 · Overall: -1.72023 Q4 · Overall: -2.22024 Q1 · Overall: +0.42024 Q2 · Overall: +0.92024 Q3 · Overall: +0.02024 Q4 · Overall: -1.12025 Q1 · Overall: +1.9
Overall

CEO vs CFO

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

-34-17+0+17+342005 Q42008 Q32011 Q12013 Q32016 Q12018 Q32021 Q12023 Q32005 Q4 · CEO: +29.62006 Q1 · CEO: +9.62006 Q2 · CEO: +10.42006 Q3 · CEO: +5.72006 Q4 · CEO: +16.62007 Q2 · CEO: +3.22007 Q3 · CEO: -0.32007 Q4 · CEO: +10.42008 Q1 · CEO: +10.72008 Q2 · CEO: +14.12008 Q3 · CEO: +17.62008 Q4 · CEO: +11.92009 Q1 · CEO: +12.02009 Q2 · CEO: +10.42009 Q3 · CEO: +10.02009 Q4 · CEO: +15.72010 Q1 · CEO: +17.32010 Q2 · CEO: +19.22010 Q3 · CEO: +21.62010 Q4 · CEO: +21.92011 Q1 · CEO: +19.42011 Q2 · CEO: +16.02011 Q3 · CEO: +17.02011 Q4 · CEO: -4.92012 Q1 · CEO: +16.82012 Q2 · CEO: -1.72012 Q3 · CEO: +4.32012 Q4 · CEO: +0.22013 Q1 · CEO: -5.82013 Q2 · CEO: +14.22013 Q3 · CEO: +2.92013 Q4 · CEO: +19.02014 Q1 · CEO: +20.82014 Q2 · CEO: +13.42014 Q3 · CEO: +12.52014 Q4 · CEO: +8.62015 Q1 · CEO: +7.92015 Q2 · CEO: +15.32015 Q3 · CEO: +10.82015 Q4 · CEO: +7.72016 Q1 · CEO: +7.42016 Q2 · CEO: +8.42016 Q3 · CEO: +9.02016 Q4 · CEO: +11.32017 Q1 · CEO: +13.22017 Q2 · CEO: +3.32017 Q3 · CEO: +12.12017 Q4 · CEO: +1.52018 Q1 · CEO: +9.42018 Q2 · CEO: +6.32018 Q3 · CEO: +15.42018 Q4 · CEO: +7.52019 Q1 · CEO: +7.42019 Q2 · CEO: +5.22019 Q3 · CEO: +7.22019 Q4 · CEO: +11.02020 Q1 · CEO: +0.72020 Q2 · CEO: +4.02020 Q3 · CEO: +9.82020 Q4 · CEO: +4.12021 Q1 · CEO: +0.02021 Q2 · CEO: +6.92021 Q3 · CEO: +0.92021 Q4 · CEO: +6.12022 Q1 · CEO: +9.02022 Q2 · CEO: +9.72022 Q3 · CEO: +5.32022 Q4 · CEO: +1.92023 Q1 · CEO: +4.62023 Q2 · CEO: +9.12023 Q3 · CEO: +2.32023 Q4 · CEO: +4.92024 Q1 · CEO: +5.82024 Q2 · CEO: +7.02024 Q3 · CEO: +7.02024 Q4 · CEO: +6.02025 Q1 · CEO: +3.82005 Q4 · CFO: +9.52006 Q1 · CFO: +5.92006 Q2 · CFO: +8.02006 Q3 · CFO: -1.32006 Q4 · CFO: +7.42007 Q2 · CFO: +4.42007 Q3 · CFO: +7.22007 Q4 · CFO: +0.72008 Q1 · CFO: +4.52008 Q4 · CFO: -4.02009 Q1 · CFO: -0.62009 Q2 · CFO: +5.92009 Q3 · CFO: +9.62009 Q4 · CFO: +11.52010 Q1 · CFO: +10.62010 Q2 · CFO: +6.12010 Q3 · CFO: +0.92010 Q4 · CFO: +3.82011 Q1 · CFO: +2.62011 Q2 · CFO: +7.22011 Q3 · CFO: +0.52011 Q4 · CFO: -5.72012 Q1 · CFO: +6.72012 Q2 · CFO: +4.12012 Q3 · CFO: +0.62012 Q4 · CFO: -0.92013 Q1 · CFO: -1.42013 Q2 · CFO: +4.62013 Q3 · CFO: +0.02013 Q4 · CFO: -2.02014 Q1 · CFO: +17.42014 Q2 · CFO: -7.72014 Q3 · CFO: -2.72014 Q4 · CFO: +3.72015 Q1 · CFO: +2.02015 Q3 · CFO: -2.32015 Q4 · CFO: +7.42016 Q2 · CFO: +7.32016 Q3 · CFO: +6.92016 Q4 · CFO: +6.12017 Q1 · CFO: +8.02017 Q2 · CFO: +4.72017 Q3 · CFO: +7.12017 Q4 · CFO: +7.12018 Q1 · CFO: +10.02018 Q2 · CFO: +6.92018 Q3 · CFO: -0.62018 Q4 · CFO: -1.42019 Q1 · CFO: +1.02019 Q2 · CFO: -6.72019 Q3 · CFO: -0.72019 Q4 · CFO: -1.72020 Q1 · CFO: +0.02020 Q2 · CFO: +0.02020 Q3 · CFO: +2.72020 Q4 · CFO: +7.22021 Q1 · CFO: +0.02021 Q2 · CFO: +2.72021 Q3 · CFO: +0.02021 Q4 · CFO: +5.02022 Q1 · CFO: +0.02022 Q2 · CFO: +3.12022 Q3 · CFO: +1.92022 Q4 · CFO: +0.02023 Q1 · CFO: +6.42023 Q2 · CFO: -1.92023 Q3 · CFO: -6.62023 Q4 · CFO: -2.12024 Q1 · CFO: -5.62024 Q2 · CFO: -7.32024 Q3 · CFO: -6.42024 Q4 · CFO: -4.92025 Q1 · CFO: +4.6
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-26-13+0+13+262005 Q42008 Q32011 Q12013 Q32016 Q12018 Q32021 Q12023 Q32005 Q4 · Prepared remarks: +19.22006 Q1 · Prepared remarks: +10.32006 Q2 · Prepared remarks: +14.32006 Q3 · Prepared remarks: +7.22006 Q4 · Prepared remarks: +10.52007 Q2 · Prepared remarks: +3.02007 Q3 · Prepared remarks: +0.42007 Q4 · Prepared remarks: +4.02008 Q1 · Prepared remarks: +10.42008 Q2 · Prepared remarks: +13.32008 Q3 · Prepared remarks: +12.72008 Q4 · Prepared remarks: +0.72009 Q1 · Prepared remarks: +0.02009 Q2 · Prepared remarks: +7.82009 Q3 · Prepared remarks: +12.82009 Q4 · Prepared remarks: +17.72010 Q1 · Prepared remarks: +15.12010 Q2 · Prepared remarks: +20.02010 Q3 · Prepared remarks: +22.32010 Q4 · Prepared remarks: +21.32011 Q1 · Prepared remarks: +14.62011 Q2 · Prepared remarks: +18.52011 Q3 · Prepared remarks: +18.82011 Q4 · Prepared remarks: -5.52012 Q1 · Prepared remarks: +15.32012 Q2 · Prepared remarks: +8.62012 Q3 · Prepared remarks: +2.82012 Q4 · Prepared remarks: -1.22013 Q1 · Prepared remarks: -8.22013 Q2 · Prepared remarks: +16.42013 Q3 · Prepared remarks: +4.52013 Q4 · Prepared remarks: +9.52014 Q1 · Prepared remarks: +17.82014 Q2 · Prepared remarks: +3.92014 Q3 · Prepared remarks: +2.82014 Q4 · Prepared remarks: +4.62015 Q1 · Prepared remarks: +3.12015 Q2 · Prepared remarks: +11.32015 Q3 · Prepared remarks: +7.92015 Q4 · Prepared remarks: +8.42016 Q1 · Prepared remarks: +3.32016 Q2 · Prepared remarks: +8.22016 Q3 · Prepared remarks: +12.42016 Q4 · Prepared remarks: +11.72017 Q1 · Prepared remarks: +10.02017 Q2 · Prepared remarks: +3.82017 Q3 · Prepared remarks: +7.92017 Q4 · Prepared remarks: +7.92018 Q1 · Prepared remarks: +5.42018 Q2 · Prepared remarks: +5.02018 Q3 · Prepared remarks: +12.12018 Q4 · Prepared remarks: +4.22019 Q1 · Prepared remarks: +2.12019 Q2 · Prepared remarks: +0.72019 Q3 · Prepared remarks: +4.02019 Q4 · Prepared remarks: +5.42020 Q1 · Prepared remarks: -3.32020 Q2 · Prepared remarks: -2.12020 Q3 · Prepared remarks: +6.22020 Q4 · Prepared remarks: +3.82021 Q1 · Prepared remarks: +0.52021 Q2 · Prepared remarks: +4.22021 Q3 · Prepared remarks: +3.42021 Q4 · Prepared remarks: +9.32022 Q1 · Prepared remarks: +8.32022 Q2 · Prepared remarks: +14.02022 Q3 · Prepared remarks: +8.12022 Q4 · Prepared remarks: +5.82023 Q1 · Prepared remarks: +5.02023 Q2 · Prepared remarks: +6.42023 Q3 · Prepared remarks: +3.32023 Q4 · Prepared remarks: -3.62024 Q1 · Prepared remarks: -2.12024 Q2 · Prepared remarks: -1.32024 Q3 · Prepared remarks: +0.52024 Q4 · Prepared remarks: +1.22025 Q1 · Prepared remarks: +4.42005 Q4 · Q&A responses: +9.02006 Q1 · Q&A responses: +4.42006 Q2 · Q&A responses: +5.72006 Q3 · Q&A responses: +0.82006 Q4 · Q&A responses: +4.42007 Q2 · Q&A responses: +3.82007 Q3 · Q&A responses: +4.82007 Q4 · Q&A responses: +6.92008 Q1 · Q&A responses: +5.72008 Q2 · Q&A responses: +8.82008 Q3 · Q&A responses: +8.62008 Q4 · Q&A responses: +8.02009 Q1 · Q&A responses: +11.22009 Q2 · Q&A responses: +8.22009 Q3 · Q&A responses: +8.42009 Q4 · Q&A responses: +12.02010 Q1 · Q&A responses: +13.02010 Q2 · Q&A responses: +11.32010 Q3 · Q&A responses: +10.82010 Q4 · Q&A responses: +12.52011 Q1 · Q&A responses: +11.92011 Q2 · Q&A responses: +11.52011 Q3 · Q&A responses: +7.12011 Q4 · Q&A responses: -6.72012 Q1 · Q&A responses: +11.12012 Q2 · Q&A responses: -5.12012 Q3 · Q&A responses: +3.62012 Q4 · Q&A responses: +0.52013 Q1 · Q&A responses: -0.92013 Q2 · Q&A responses: +5.12013 Q3 · Q&A responses: +0.82013 Q4 · Q&A responses: +14.52014 Q1 · Q&A responses: +19.02014 Q2 · Q&A responses: +6.52014 Q3 · Q&A responses: +6.52014 Q4 · Q&A responses: +8.22015 Q1 · Q&A responses: +7.82015 Q2 · Q&A responses: +11.62015 Q3 · Q&A responses: +5.22015 Q4 · Q&A responses: +6.02016 Q1 · Q&A responses: +2.72016 Q2 · Q&A responses: +8.32016 Q3 · Q&A responses: +4.72016 Q4 · Q&A responses: +5.62017 Q1 · Q&A responses: +13.02017 Q2 · Q&A responses: +3.52017 Q3 · Q&A responses: +11.12017 Q4 · Q&A responses: +0.32018 Q1 · Q&A responses: +11.92018 Q2 · Q&A responses: +6.42018 Q3 · Q&A responses: +10.82018 Q4 · Q&A responses: +4.02019 Q1 · Q&A responses: +9.62019 Q2 · Q&A responses: +3.12019 Q3 · Q&A responses: +4.62019 Q4 · Q&A responses: +6.62020 Q1 · Q&A responses: +1.72020 Q2 · Q&A responses: +7.22020 Q3 · Q&A responses: +5.92020 Q4 · Q&A responses: +3.32021 Q1 · Q&A responses: -1.12021 Q2 · Q&A responses: +7.12021 Q3 · Q&A responses: -1.22021 Q4 · Q&A responses: +2.52022 Q1 · Q&A responses: +6.42022 Q2 · Q&A responses: +4.72022 Q3 · Q&A responses: +0.02022 Q4 · Q&A responses: -3.62023 Q1 · Q&A responses: +3.02023 Q2 · Q&A responses: +7.12023 Q3 · Q&A responses: -0.82023 Q4 · Q&A responses: +2.42024 Q1 · Q&A responses: +7.12024 Q2 · Q&A responses: +4.72024 Q3 · Q&A responses: +4.02024 Q4 · Q&A responses: +3.62025 Q1 · Q&A responses: +4.9
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

$-0.13$3.42$6.982005 Q42008 Q32011 Q12013 Q32016 Q12018 Q32021 Q12023 Q32014 Q1: $0.362014 Q2: $0.492014 Q3: $0.622014 Q4: $0.762015 Q1: $0.862015 Q3: $0.942015 Q4: $0.982016 Q1: $1.142016 Q2: $1.222016 Q3: $1.322016 Q4: $1.432017 Q1: $1.522017 Q2: $1.672017 Q3: $1.752017 Q4: $1.972018 Q1: $2.022018 Q2: $2.032018 Q3: $2.142018 Q4: $2.352019 Q1: $2.422019 Q2: $2.282019 Q3: $2.312019 Q4: $2.352020 Q1: $2.272020 Q2: $2.322020 Q3: $2.512020 Q4: $2.652021 Q1: $2.772021 Q2: $2.922021 Q3: $3.082021 Q4: $3.352022 Q1: $3.682022 Q2: $3.932022 Q3: $4.022022 Q4: $4.112023 Q1: $4.262023 Q2: $4.402023 Q3: $4.552023 Q4: $4.812024 Q1: $5.092024 Q2: $5.582024 Q3: $6.052024 Q4: $6.49

Forward P/E

5.2221.0136.792005 Q42008 Q32011 Q12013 Q32016 Q12018 Q32021 Q12023 Q32014 Q1: 17.852014 Q2: 14.632014 Q3: 14.032014 Q4: 13.082015 Q1: 15.082015 Q3: 13.932015 Q4: 14.632016 Q1: 13.062016 Q2: 12.952016 Q3: 12.832016 Q4: 12.432017 Q1: 14.852017 Q2: 14.432017 Q3: 14.102017 Q4: 13.322018 Q1: 12.892018 Q2: 13.012018 Q3: 11.292018 Q4: 10.362019 Q1: 11.222019 Q2: 12.152019 Q3: 12.442019 Q4: 13.932020 Q1: 7.402020 Q2: 13.532020 Q3: 14.612020 Q4: 16.042021 Q1: 17.472021 Q2: 15.952021 Q3: 16.532021 Q4: 19.132022 Q1: 16.512022 Q2: 13.412022 Q3: 12.692022 Q4: 13.962023 Q1: 14.692023 Q2: 20.132023 Q3: 18.752023 Q4: 22.642024 Q1: 24.732024 Q2: 32.322024 Q3: 26.732024 Q4: 34.61

Divergence watch ⚑

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

  • 2014 Q2 tone ↓ -13.4 fwd EPS ↑ +0.13 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q1 tone ↓ -5.8 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q2 tone ↓ -9.0 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q4 tone ↓ -6.1 fwd EPS ↑ +0.22 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q4 tone ↓ -7.4 fwd EPS ↑ +0.21 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q1 tone ↓ -4.7 fwd EPS ↑ +0.12 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q3 tone ↓ -4.7 fwd EPS ↑ +0.16 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q3 tone ↓ -7.1 fwd EPS ↑ +0.10 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q4 tone ↓ -3.5 fwd EPS ↑ +0.09 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q3 tone ↓ -4.8 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-03-06+1.9——View →
2024 Q42024-12-12-1.1$6.4934.6View →
2024 Q32024-09-05+0.0$6.0526.7View →
2024 Q22024-06-12+0.9$5.5832.3View →
2024 Q12024-03-07+0.4$5.0924.7View →
2023 Q42023-12-07-2.2$4.8122.6View →
2023 Q32023-08-31-1.7$4.5518.8View →
2023 Q22023-06-01+3.1$4.4020.1View →