Subtext

The Clorox Company CLX

SectorConsumer Staples
Transcripts72
Date range2007-02-01 – 2025-05-05
Calls charted72

Sentiment timeline

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

-26-13+0+13+262007 Q22010 Q12012 Q22014 Q32016 Q42019 Q12021 Q22023 Q32007 Q2 · Overall: +6.52008 Q1 · Overall: +10.42008 Q2 · Overall: +2.22008 Q3 · Overall: +5.42008 Q4 · Overall: +5.42009 Q1 · Overall: +7.12009 Q2 · Overall: -1.12009 Q3 · Overall: +2.42009 Q4 · Overall: +2.32010 Q1 · Overall: +3.52010 Q2 · Overall: +8.02010 Q3 · Overall: +5.62010 Q4 · Overall: +11.12011 Q1 · Overall: +2.02011 Q2 · Overall: +5.22011 Q3 · Overall: +5.42011 Q4 · Overall: +13.32012 Q1 · Overall: +5.02012 Q2 · Overall: +10.02012 Q3 · Overall: +6.82012 Q4 · Overall: +5.32013 Q1 · Overall: +7.92013 Q2 · Overall: +4.52013 Q3 · Overall: +0.62013 Q4 · Overall: +6.62014 Q1 · Overall: +10.32014 Q2 · Overall: +3.22014 Q3 · Overall: +1.92014 Q4 · Overall: +3.02015 Q1 · Overall: +10.52015 Q2 · Overall: +12.92015 Q3 · Overall: +12.92015 Q4 · Overall: +17.72016 Q1 · Overall: +22.92016 Q2 · Overall: +17.42016 Q3 · Overall: +18.02016 Q4 · Overall: +11.32017 Q1 · Overall: +14.12017 Q2 · Overall: +17.72017 Q3 · Overall: +14.22017 Q4 · Overall: +16.42018 Q1 · Overall: +10.32018 Q2 · Overall: +13.22018 Q3 · Overall: +13.32018 Q4 · Overall: +10.02019 Q1 · Overall: +12.52019 Q2 · Overall: +17.72019 Q3 · Overall: +13.02019 Q4 · Overall: +12.52020 Q1 · Overall: +10.02020 Q2 · Overall: +16.72020 Q3 · Overall: +8.02020 Q4 · Overall: +14.32021 Q1 · Overall: +17.62021 Q2 · Overall: +14.52021 Q3 · Overall: +11.32021 Q4 · Overall: +9.92022 Q1 · Overall: -1.62022 Q2 · Overall: +8.42022 Q3 · Overall: +9.62022 Q4 · Overall: +2.22023 Q1 · Overall: -2.72023 Q2 · Overall: +3.52023 Q3 · Overall: +9.62023 Q4 · Overall: +13.82024 Q1 · Overall: -1.02024 Q2 · Overall: +5.32024 Q3 · Overall: +3.22024 Q4 · Overall: +10.32025 Q1 · Overall: +7.82025 Q2 · Overall: +12.62025 Q3 · Overall: +5.5
Overall

CEO vs CFO

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

-43-21+0+21+432007 Q22010 Q12012 Q22014 Q32016 Q42019 Q12021 Q22023 Q32007 Q2 · CEO: +20.62008 Q1 · CEO: +14.62008 Q2 · CEO: +11.52008 Q3 · CEO: +7.42008 Q4 · CEO: +13.82009 Q1 · CEO: +16.02009 Q2 · CEO: +4.22009 Q3 · CEO: +2.92009 Q4 · CEO: +9.12010 Q1 · CEO: +7.22010 Q2 · CEO: +11.62010 Q3 · CEO: +8.62010 Q4 · CEO: +14.12011 Q1 · CEO: +9.92011 Q2 · CEO: +12.22011 Q3 · CEO: +16.92011 Q4 · CEO: +23.32012 Q1 · CEO: +7.92012 Q2 · CEO: +12.32012 Q3 · CEO: +11.02012 Q4 · CEO: +14.42013 Q1 · CEO: +12.92013 Q2 · CEO: +11.62013 Q3 · CEO: +6.22013 Q4 · CEO: +12.12014 Q1 · CEO: +18.92014 Q2 · CEO: +7.92014 Q3 · CEO: +6.02014 Q4 · CEO: +8.82015 Q1 · CEO: +11.32015 Q2 · CEO: +23.12015 Q3 · CEO: +31.72015 Q4 · CEO: +34.12016 Q1 · CEO: +37.12016 Q2 · CEO: +31.42016 Q3 · CEO: +30.02016 Q4 · CEO: +19.82017 Q1 · CEO: +27.22017 Q2 · CEO: +27.12017 Q3 · CEO: +21.22018 Q1 · CEO: +23.62018 Q2 · CEO: +24.32018 Q3 · CEO: +24.92018 Q4 · CEO: +17.52019 Q1 · CEO: +27.72019 Q2 · CEO: +30.52019 Q3 · CEO: +18.12019 Q4 · CEO: +28.92020 Q1 · CEO: +24.22020 Q2 · CEO: +27.12020 Q3 · CEO: +11.42020 Q4 · CEO: +23.12021 Q2 · CEO: +22.72022 Q1 · CEO: +7.62022 Q2 · CEO: +36.92022 Q3 · CEO: +16.72022 Q4 · CEO: +5.02023 Q1 · CEO: +6.62023 Q2 · CEO: +13.02023 Q3 · CEO: +18.32023 Q4 · CEO: +18.92024 Q1 · CEO: +10.62024 Q2 · CEO: +8.72024 Q3 · CEO: +10.92024 Q4 · CEO: +15.82025 Q1 · CEO: +16.42025 Q2 · CEO: +19.72025 Q3 · CEO: +9.72007 Q2 · CFO: +0.72008 Q1 · CFO: +7.32008 Q2 · CFO: -2.12008 Q3 · CFO: -7.72008 Q4 · CFO: -1.12009 Q1 · CFO: -1.72009 Q2 · CFO: -3.82009 Q3 · CFO: +0.22009 Q4 · CFO: -2.22010 Q1 · CFO: +7.42010 Q2 · CFO: +11.72010 Q3 · CFO: +6.62010 Q4 · CFO: +14.32011 Q1 · CFO: +6.82011 Q2 · CFO: +4.82011 Q3 · CFO: +5.62011 Q4 · CFO: +14.42012 Q2 · CFO: +4.52012 Q3 · CFO: +2.72012 Q4 · CFO: +1.72013 Q1 · CFO: +10.32013 Q2 · CFO: +2.72013 Q3 · CFO: -2.52013 Q4 · CFO: +4.92014 Q1 · CFO: +6.72014 Q2 · CFO: +5.22014 Q3 · CFO: +1.42014 Q4 · CFO: +2.82015 Q1 · CFO: +2.92015 Q2 · CFO: +5.92017 Q1 · CFO: +8.22017 Q2 · CFO: +18.22017 Q3 · CFO: +13.12017 Q4 · CFO: +14.32018 Q1 · CFO: +2.22018 Q2 · CFO: +12.52018 Q3 · CFO: +5.12018 Q4 · CFO: +5.82019 Q1 · CFO: +5.12019 Q2 · CFO: +7.92019 Q3 · CFO: +8.42019 Q4 · CFO: +3.52020 Q1 · CFO: +5.22020 Q2 · CFO: +13.32020 Q3 · CFO: +5.32020 Q4 · CFO: +4.62021 Q2 · CFO: +15.22022 Q1 · CFO: +0.02022 Q2 · CFO: +5.12022 Q3 · CFO: +8.42022 Q4 · CFO: +5.52023 Q1 · CFO: +5.72023 Q2 · CFO: +3.22023 Q4 · CFO: +15.12024 Q1 · CFO: +7.92024 Q2 · CFO: +6.52024 Q3 · CFO: -3.82024 Q4 · CFO: +13.02025 Q1 · CFO: +1.92025 Q2 · CFO: +6.92025 Q3 · CFO: +0.0
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-38-19+0+19+382007 Q22010 Q12012 Q22014 Q32016 Q42019 Q12021 Q22023 Q32007 Q2 · Prepared remarks: +12.72008 Q1 · Prepared remarks: +23.32008 Q2 · Prepared remarks: +14.32008 Q3 · Prepared remarks: +5.62008 Q4 · Prepared remarks: +10.82009 Q1 · Prepared remarks: +10.32009 Q2 · Prepared remarks: +0.22009 Q3 · Prepared remarks: +5.22009 Q4 · Prepared remarks: +10.62010 Q1 · Prepared remarks: +10.82010 Q2 · Prepared remarks: +16.52010 Q3 · Prepared remarks: +12.82010 Q4 · Prepared remarks: +19.02011 Q1 · Prepared remarks: +10.02011 Q2 · Prepared remarks: +16.32011 Q3 · Prepared remarks: +9.12011 Q4 · Prepared remarks: +13.62012 Q1 · Prepared remarks: +15.92012 Q2 · Prepared remarks: +7.52012 Q3 · Prepared remarks: +17.62012 Q4 · Prepared remarks: +17.32013 Q1 · Prepared remarks: +18.12013 Q2 · Prepared remarks: +14.62013 Q3 · Prepared remarks: +5.12013 Q4 · Prepared remarks: +7.92014 Q1 · Prepared remarks: +12.92014 Q2 · Prepared remarks: +10.02014 Q3 · Prepared remarks: +5.02014 Q4 · Prepared remarks: +8.02015 Q1 · Prepared remarks: +16.32015 Q2 · Prepared remarks: +16.32015 Q3 · Prepared remarks: +21.22015 Q4 · Prepared remarks: +18.22016 Q1 · Prepared remarks: +23.72016 Q2 · Prepared remarks: +16.52016 Q3 · Prepared remarks: +23.22016 Q4 · Prepared remarks: +11.62017 Q1 · Prepared remarks: +18.32017 Q2 · Prepared remarks: +25.82017 Q3 · Prepared remarks: +14.62017 Q4 · Prepared remarks: +19.52018 Q1 · Prepared remarks: +18.72018 Q2 · Prepared remarks: +21.32018 Q3 · Prepared remarks: +18.22018 Q4 · Prepared remarks: +16.32019 Q1 · Prepared remarks: +19.72019 Q2 · Prepared remarks: +25.42019 Q3 · Prepared remarks: +21.72019 Q4 · Prepared remarks: +21.22020 Q1 · Prepared remarks: +22.72020 Q2 · Prepared remarks: +33.22020 Q3 · Prepared remarks: +12.82020 Q4 · Prepared remarks: +23.62021 Q1 · Prepared remarks: +29.32021 Q2 · Prepared remarks: +22.82021 Q3 · Prepared remarks: +16.82021 Q4 · Prepared remarks: +21.62022 Q1 · Prepared remarks: +0.02022 Q2 · Prepared remarks: +5.32022 Q3 · Prepared remarks: +17.62022 Q4 · Prepared remarks: +0.02023 Q1 · Prepared remarks: -9.32023 Q2 · Prepared remarks: +21.12023 Q3 · Prepared remarks: +29.92023 Q4 · Prepared remarks: +22.12024 Q1 · Prepared remarks: +32.12024 Q2 · Prepared remarks: +27.62024 Q3 · Prepared remarks: +20.62024 Q4 · Prepared remarks: +13.02025 Q1 · Prepared remarks: +25.62025 Q2 · Prepared remarks: +13.22025 Q3 · Prepared remarks: +9.82007 Q2 · Q&A responses: +5.22008 Q1 · Q&A responses: +5.92008 Q2 · Q&A responses: +0.92008 Q4 · Q&A responses: +4.92009 Q1 · Q&A responses: +11.02009 Q2 · Q&A responses: +2.92009 Q3 · Q&A responses: +6.12009 Q4 · Q&A responses: +2.62010 Q1 · Q&A responses: +5.02010 Q2 · Q&A responses: +8.02010 Q3 · Q&A responses: +8.72010 Q4 · Q&A responses: +9.72011 Q1 · Q&A responses: +3.52011 Q2 · Q&A responses: +4.92011 Q3 · Q&A responses: +5.22011 Q4 · Q&A responses: +16.02012 Q1 · Q&A responses: +1.52012 Q2 · Q&A responses: +12.42012 Q3 · Q&A responses: +3.42012 Q4 · Q&A responses: +1.22013 Q1 · Q&A responses: +4.22013 Q2 · Q&A responses: +0.82013 Q3 · Q&A responses: +1.92014 Q1 · Q&A responses: +11.32014 Q2 · Q&A responses: +0.82014 Q3 · Q&A responses: +4.72014 Q4 · Q&A responses: +3.42015 Q1 · Q&A responses: +8.92015 Q2 · Q&A responses: +17.32015 Q3 · Q&A responses: +10.62016 Q2 · Q&A responses: +20.72016 Q3 · Q&A responses: +18.22017 Q1 · Q&A responses: +15.42017 Q2 · Q&A responses: +14.02017 Q4 · Q&A responses: +20.52018 Q1 · Q&A responses: +7.62018 Q2 · Q&A responses: +14.82018 Q3 · Q&A responses: +17.62018 Q4 · Q&A responses: +7.02019 Q1 · Q&A responses: +16.02019 Q2 · Q&A responses: +21.32019 Q3 · Q&A responses: +14.32019 Q4 · Q&A responses: +15.02020 Q1 · Q&A responses: +12.52020 Q2 · Q&A responses: +14.92020 Q3 · Q&A responses: +7.32020 Q4 · Q&A responses: +11.82021 Q1 · Q&A responses: +16.22021 Q2 · Q&A responses: +18.42021 Q3 · Q&A responses: +13.12021 Q4 · Q&A responses: +6.52022 Q1 · Q&A responses: +3.52022 Q2 · Q&A responses: +14.82022 Q3 · Q&A responses: +11.62022 Q4 · Q&A responses: +5.52023 Q1 · Q&A responses: +6.02023 Q2 · Q&A responses: +4.32023 Q3 · Q&A responses: +11.22023 Q4 · Q&A responses: +16.72024 Q1 · Q&A responses: +5.22024 Q2 · Q&A responses: +4.62024 Q3 · Q&A responses: +4.92024 Q4 · Q&A responses: +14.22025 Q1 · Q&A responses: +8.32025 Q2 · Q&A responses: +14.02025 Q3 · Q&A responses: +8.1
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

$4.12$6.30$8.482007 Q22010 Q12012 Q22014 Q32016 Q42019 Q12021 Q22023 Q32014 Q1: $4.692014 Q2: $4.482014 Q3: $4.492014 Q4: $4.592015 Q1: $4.762015 Q2: $4.842015 Q3: $4.902015 Q4: $5.042016 Q1: $5.142016 Q2: $5.222016 Q3: $5.572016 Q4: $5.512017 Q1: $5.632017 Q2: $5.692017 Q3: $5.752017 Q4: $5.822018 Q1: $6.412018 Q2: $6.392018 Q3: $6.532018 Q4: $6.502019 Q1: $6.642019 Q2: $6.542019 Q3: $6.472019 Q4: $6.322020 Q1: $6.512020 Q2: $7.132020 Q3: $7.742020 Q4: $8.052021 Q1: $8.182021 Q2: $7.712021 Q3: $5.802021 Q4: $6.052022 Q1: $5.502022 Q2: $5.422022 Q3: $4.422022 Q4: $4.782023 Q1: $5.102023 Q2: $5.692023 Q3: $6.072023 Q4: $5.292024 Q1: $6.312024 Q2: $6.472024 Q3: $6.762024 Q4: $7.07

Forward P/E

17.5325.3133.092007 Q22010 Q12012 Q22014 Q32016 Q42019 Q12021 Q22023 Q32014 Q1: 18.602014 Q2: 20.382014 Q3: 19.992014 Q4: 22.202015 Q1: 23.092015 Q2: 21.882015 Q3: 23.172015 Q4: 26.042016 Q1: 24.762016 Q2: 25.322016 Q3: 22.002016 Q4: 21.062017 Q1: 24.642017 Q2: 24.452017 Q3: 23.312017 Q4: 25.192018 Q1: 20.072018 Q2: 19.872018 Q3: 23.082018 Q4: 23.802019 Q1: 24.132019 Q2: 23.412019 Q3: 24.082019 Q4: 23.712020 Q1: 29.332020 Q2: 29.732020 Q3: 26.802020 Q4: 25.272021 Q1: 23.172021 Q2: 22.592021 Q3: 29.112021 Q4: 29.112022 Q1: 23.902022 Q2: 22.722022 Q3: 32.022022 Q4: 31.052023 Q1: 30.672023 Q2: 27.052023 Q3: 24.292023 Q4: 27.562024 Q1: 24.822024 Q2: 21.432024 Q3: 24.192024 Q4: 22.89

Divergence watch ⚑

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

  • 2016 Q2 tone ↓ -5.6 fwd EPS ↑ +0.08 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q3 tone ↓ -3.5 fwd EPS ↑ +0.06 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q1 tone ↓ -6.1 fwd EPS ↑ +0.59 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q2 tone ↑ +5.2 fwd EPS ↓ -0.10 Tone rose while the forward EPS estimate was cut.
  • 2020 Q1 tone ↓ -2.5 fwd EPS ↑ +0.19 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q3 tone ↓ -8.8 fwd EPS ↑ +0.61 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q2 tone ↑ +9.9 fwd EPS ↓ -0.08 Tone rose while the forward EPS estimate was cut.
  • 2022 Q4 tone ↓ -7.4 fwd EPS ↑ +0.35 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q1 tone ↓ -4.8 fwd EPS ↑ +0.32 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q4 tone ↑ +4.2 fwd EPS ↓ -0.78 Tone rose while the forward EPS estimate was cut.
  • 2024 Q1 tone ↓ -14.8 fwd EPS ↑ +1.02 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q3 tone ↓ -2.1 fwd EPS ↑ +0.29 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q32025-05-05+5.5——View →
2025 Q22025-02-03+12.6——View →
2025 Q12024-10-30+7.8——View →
2024 Q42024-08-01+10.3$7.0722.9View →
2024 Q32024-04-30+3.2$6.7624.2View →
2024 Q22024-02-01+5.3$6.4721.4View →
2024 Q12023-11-01-1.0$6.3124.8View →
2023 Q42023-08-02+13.8$5.2927.6View →