Subtext

Axon Enterprise, Inc. AXON

SectorIndustrials
Transcripts21
Date range2020-05-07 – 2025-05-07
Calls charted21

Sentiment timeline

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

-18-9+0+9+182020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32020 Q1 · Overall: +2.62020 Q2 · Overall: +2.12020 Q3 · Overall: +6.62020 Q4 · Overall: +7.32021 Q1 · Overall: +7.62021 Q2 · Overall: +12.52021 Q3 · Overall: +9.92021 Q4 · Overall: +12.82022 Q1 · Overall: +11.52022 Q2 · Overall: +13.42022 Q3 · Overall: +15.02022 Q4 · Overall: +15.02023 Q1 · Overall: +13.12023 Q2 · Overall: +9.12023 Q3 · Overall: +13.82023 Q4 · Overall: +12.22024 Q1 · Overall: +5.02024 Q2 · Overall: +16.12024 Q3 · Overall: +11.12024 Q4 · Overall: +11.42025 Q1 · Overall: +6.4
Overall

CEO vs CFO

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

-32-16+0+16+322020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32020 Q1 · CEO: +9.82020 Q3 · CEO: +5.12020 Q4 · CEO: +4.92021 Q1 · CEO: +11.12021 Q4 · CEO: +17.82020 Q1 · CFO: +6.82020 Q3 · CFO: +7.22020 Q4 · CFO: +7.82021 Q1 · CFO: +13.52021 Q2 · CFO: +13.72021 Q4 · CFO: +10.92022 Q1 · CFO: +27.72022 Q2 · CFO: +16.3
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-22-11+0+11+222020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32020 Q1 · Prepared remarks: +2.62020 Q2 · Prepared remarks: -10.72020 Q3 · Prepared remarks: +6.62020 Q4 · Prepared remarks: +7.32021 Q1 · Prepared remarks: +8.22021 Q2 · Prepared remarks: +12.42021 Q3 · Prepared remarks: +9.92021 Q4 · Prepared remarks: +13.02022 Q1 · Prepared remarks: +11.52022 Q2 · Prepared remarks: +13.42022 Q3 · Prepared remarks: +15.42022 Q4 · Prepared remarks: +15.02023 Q1 · Prepared remarks: +13.12023 Q2 · Prepared remarks: +9.12023 Q3 · Prepared remarks: +14.02023 Q4 · Prepared remarks: +12.22024 Q1 · Prepared remarks: +5.02024 Q2 · Prepared remarks: +16.12024 Q3 · Prepared remarks: +11.12024 Q4 · Prepared remarks: +11.42025 Q1 · Prepared remarks: +6.42020 Q2 · Q&A responses: +6.32021 Q2 · Q&A responses: +19.0
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

$0.93$3.46$5.982020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32020 Q1: $1.292020 Q2: $1.292020 Q3: $1.282020 Q4: $1.292021 Q1: $1.472021 Q2: $1.582021 Q3: $1.732021 Q4: $1.892022 Q1: $2.062022 Q2: $2.122022 Q3: $2.332022 Q4: $2.632023 Q1: $3.062023 Q2: $3.422023 Q3: $3.732023 Q4: $4.112024 Q1: $4.722024 Q2: $5.082024 Q3: $5.63

Forward P/E

35.6671.71107.762020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32020 Q1: 40.632020 Q2: 73.532020 Q3: 65.412020 Q4: 92.982021 Q1: 101.322021 Q2: 95.902021 Q3: 102.792021 Q4: 78.062022 Q1: 61.952022 Q2: 42.772022 Q3: 51.402022 Q4: 65.982023 Q1: 68.972023 Q2: 57.842023 Q3: 56.302023 Q4: 60.362024 Q1: 65.032024 Q2: 57.722024 Q3: 68.00

Divergence watch ⚑

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

  • 2021 Q3 tone ↓ -2.7 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q2 tone ↓ -4.1 fwd EPS ↑ +0.36 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↓ -7.1 fwd EPS ↑ +0.61 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q3 tone ↓ -5.0 fwd EPS ↑ +0.55 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-05-07+6.4——View →
2024 Q42025-02-25+11.4——View →
2024 Q32024-11-07+11.1$5.6368.0View →
2024 Q22024-08-06+16.1$5.0857.7View →
2024 Q12024-05-06+5.0$4.7265.0View →
2023 Q42024-02-27+12.2$4.1160.4View →
2023 Q32023-11-07+13.8$3.7356.3View →
2023 Q22023-08-08+9.1$3.4257.8View →