Subtext

Eaton Corporation plc ETN

SectorIndustrials
Transcripts72
Date range2007-07-16 – 2025-05-02
Calls charted71

Sentiment timeline

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

-20-10+0+10+202007 Q32009 Q42012 Q12014 Q22016 Q32018 Q42021 Q12023 Q22007 Q3 · Overall: +8.72007 Q4 · Overall: +8.72008 Q1 · Overall: +7.42008 Q2 · Overall: +2.92008 Q3 · Overall: -4.32008 Q4 · Overall: -6.82009 Q1 · Overall: -10.82009 Q2 · Overall: -3.42009 Q3 · Overall: +0.22009 Q4 · Overall: +2.02010 Q1 · Overall: +3.22010 Q2 · Overall: +3.12010 Q3 · Overall: +7.12010 Q4 · Overall: +2.72011 Q1 · Overall: +6.42011 Q2 · Overall: +7.02011 Q3 · Overall: +5.72011 Q4 · Overall: +7.12012 Q1 · Overall: +2.32012 Q2 · Overall: +1.02012 Q3 · Overall: -3.32012 Q4 · Overall: -17.22013 Q1 · Overall: -0.82013 Q2 · Overall: +1.22013 Q3 · Overall: +7.92013 Q4 · Overall: +0.02014 Q1 · Overall: +3.62014 Q2 · Overall: -1.12014 Q3 · Overall: +2.92014 Q4 · Overall: -1.52015 Q1 · Overall: -1.62015 Q2 · Overall: -5.72015 Q3 · Overall: -9.92015 Q4 · Overall: -6.12016 Q1 · Overall: -0.12016 Q2 · Overall: -3.02016 Q3 · Overall: -5.72016 Q4 · Overall: -7.02017 Q1 · Overall: +1.92017 Q2 · Overall: -2.02017 Q3 · Overall: +4.32017 Q4 · Overall: +4.22018 Q1 · Overall: +10.42018 Q2 · Overall: +12.02018 Q3 · Overall: +4.42018 Q4 · Overall: +6.72019 Q1 · Overall: +2.22019 Q2 · Overall: -0.92019 Q3 · Overall: +0.02019 Q4 · Overall: +7.22020 Q1 · Overall: -6.12020 Q2 · Overall: -3.42020 Q3 · Overall: +3.82020 Q4 · Overall: +7.82021 Q1 · Overall: +6.62021 Q2 · Overall: +9.22021 Q3 · Overall: +6.02021 Q4 · Overall: +6.32022 Q1 · Overall: +10.32022 Q2 · Overall: +2.72022 Q3 · Overall: +8.52022 Q4 · Overall: +8.42023 Q1 · Overall: +9.42023 Q2 · Overall: +5.72023 Q3 · Overall: +8.62023 Q4 · Overall: +7.62024 Q1 · Overall: -0.92024 Q2 · Overall: +3.62024 Q3 · Overall: +1.42024 Q4 · Overall: +4.52025 Q1 · Overall: +7.4
Overall

CEO vs CFO

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

-60-30+0+30+602007 Q32009 Q42012 Q12014 Q22016 Q32018 Q42021 Q12023 Q22007 Q4 · CEO: +15.52008 Q1 · CEO: +9.52008 Q3 · CEO: -1.82008 Q4 · CEO: -3.72009 Q1 · CEO: -3.52009 Q2 · CEO: +0.32009 Q3 · CEO: +1.22009 Q4 · CEO: +2.12010 Q1 · CEO: +12.12010 Q2 · CEO: +6.52010 Q3 · CEO: +8.42010 Q4 · CEO: +5.62011 Q1 · CEO: +13.12011 Q2 · CEO: +10.42011 Q3 · CEO: +8.92011 Q4 · CEO: +10.42012 Q1 · CEO: +5.52012 Q2 · CEO: +3.42012 Q3 · CEO: -0.72013 Q1 · CEO: +0.12013 Q2 · CEO: +2.02013 Q3 · CEO: +8.32013 Q4 · CEO: +0.62014 Q1 · CEO: +3.72014 Q2 · CEO: -0.52014 Q3 · CEO: +4.02014 Q4 · CEO: -0.42015 Q1 · CEO: -2.12015 Q2 · CEO: -4.12015 Q3 · CEO: -9.52015 Q4 · CEO: -5.72016 Q1 · CEO: -1.92016 Q2 · CEO: -3.22016 Q3 · CEO: -3.92016 Q4 · CEO: -6.62017 Q1 · CEO: +3.42017 Q2 · CEO: -2.52017 Q3 · CEO: +9.42017 Q4 · CEO: +7.72018 Q1 · CEO: +17.32018 Q2 · CEO: +16.62018 Q3 · CEO: +9.02018 Q4 · CEO: +8.72019 Q1 · CEO: +3.42019 Q2 · CEO: +2.32019 Q3 · CEO: +0.22019 Q4 · CEO: +8.12020 Q1 · CEO: -8.02020 Q2 · CEO: -3.12020 Q3 · CEO: +4.42020 Q4 · CEO: +8.42021 Q1 · CEO: +7.22021 Q2 · CEO: +11.02021 Q3 · CEO: +10.62021 Q4 · CEO: +10.52022 Q1 · CEO: +11.72022 Q2 · CEO: +6.12022 Q3 · CEO: +10.52022 Q4 · CEO: +11.72023 Q1 · CEO: +11.82023 Q2 · CEO: +3.62023 Q3 · CEO: +7.62023 Q4 · CEO: +7.22024 Q2 · CEO: +3.82024 Q3 · CEO: +1.82024 Q4 · CEO: +8.02025 Q1 · CEO: +0.02007 Q4 · CFO: +9.42008 Q1 · CFO: +10.52008 Q3 · CFO: +3.72008 Q4 · CFO: +6.62009 Q1 · CFO: -16.62009 Q2 · CFO: +1.62009 Q3 · CFO: +15.72009 Q4 · CFO: +5.12010 Q1 · CFO: -2.72010 Q2 · CFO: -3.62010 Q3 · CFO: +2.02010 Q4 · CFO: +3.32011 Q1 · CFO: +8.02011 Q2 · CFO: +12.12011 Q3 · CFO: +7.02011 Q4 · CFO: +10.62012 Q1 · CFO: -6.22012 Q2 · CFO: -5.32012 Q3 · CFO: -5.82013 Q1 · CFO: +4.82013 Q2 · CFO: +3.72013 Q3 · CFO: +4.12013 Q4 · CFO: -5.92014 Q1 · CFO: +0.02014 Q2 · CFO: +3.42014 Q3 · CFO: +5.12014 Q4 · CFO: -1.42015 Q1 · CFO: +10.52015 Q3 · CFO: +6.62015 Q4 · CFO: -15.02016 Q1 · CFO: +9.72016 Q3 · CFO: +4.42016 Q4 · CFO: -5.12017 Q1 · CFO: +8.22017 Q2 · CFO: +8.52017 Q3 · CFO: +0.02017 Q4 · CFO: -2.42018 Q1 · CFO: +12.52018 Q2 · CFO: +7.72018 Q3 · CFO: +0.02018 Q4 · CFO: +0.02019 Q1 · CFO: +20.82019 Q2 · CFO: +4.42019 Q3 · CFO: +5.12019 Q4 · CFO: +7.82020 Q1 · CFO: +3.52020 Q2 · CFO: -13.42020 Q3 · CFO: +13.72020 Q4 · CFO: +13.12021 Q1 · CFO: +51.92021 Q3 · CFO: -4.02021 Q4 · CFO: -8.42022 Q1 · CFO: +9.32022 Q2 · CFO: +2.32022 Q3 · CFO: +21.42022 Q4 · CFO: +16.92023 Q1 · CFO: +11.82023 Q2 · CFO: +19.72023 Q3 · CFO: +21.42023 Q4 · CFO: +23.82024 Q2 · CFO: +18.72024 Q3 · CFO: +18.52024 Q4 · CFO: +5.42025 Q1 · CFO: +7.5
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-28-14+0+14+282007 Q32009 Q42012 Q12014 Q22016 Q32018 Q42021 Q12023 Q22007 Q3 · Prepared remarks: +9.12007 Q4 · Prepared remarks: +10.62008 Q1 · Prepared remarks: +10.92008 Q2 · Prepared remarks: +3.02008 Q3 · Prepared remarks: -4.32008 Q4 · Prepared remarks: -7.02009 Q1 · Prepared remarks: -15.12009 Q2 · Prepared remarks: -2.92009 Q3 · Prepared remarks: +4.92009 Q4 · Prepared remarks: +2.12010 Q1 · Prepared remarks: +2.82010 Q2 · Prepared remarks: +15.22010 Q3 · Prepared remarks: +7.52010 Q4 · Prepared remarks: +2.52011 Q1 · Prepared remarks: +8.42011 Q2 · Prepared remarks: +16.32011 Q3 · Prepared remarks: +6.52011 Q4 · Prepared remarks: +12.52012 Q1 · Prepared remarks: +2.32012 Q2 · Prepared remarks: +1.02012 Q3 · Prepared remarks: -3.32013 Q1 · Prepared remarks: -0.82013 Q2 · Prepared remarks: +1.22013 Q3 · Prepared remarks: +8.02013 Q4 · Prepared remarks: +0.12014 Q1 · Prepared remarks: +3.72014 Q2 · Prepared remarks: -6.52014 Q3 · Prepared remarks: +5.72014 Q4 · Prepared remarks: -1.52015 Q1 · Prepared remarks: -1.62015 Q2 · Prepared remarks: -5.72015 Q3 · Prepared remarks: -9.92015 Q4 · Prepared remarks: -5.72016 Q1 · Prepared remarks: -0.22016 Q2 · Prepared remarks: -2.92016 Q3 · Prepared remarks: -5.72016 Q4 · Prepared remarks: -7.02017 Q1 · Prepared remarks: +1.92017 Q2 · Prepared remarks: -6.22017 Q3 · Prepared remarks: +4.32017 Q4 · Prepared remarks: +4.22018 Q1 · Prepared remarks: +10.52018 Q2 · Prepared remarks: +12.22018 Q3 · Prepared remarks: +4.42018 Q4 · Prepared remarks: +6.72019 Q1 · Prepared remarks: +2.42019 Q2 · Prepared remarks: -0.52019 Q3 · Prepared remarks: +1.32019 Q4 · Prepared remarks: +4.22020 Q1 · Prepared remarks: -11.42020 Q2 · Prepared remarks: -3.82020 Q3 · Prepared remarks: +1.62020 Q4 · Prepared remarks: +7.92021 Q1 · Prepared remarks: +14.22021 Q2 · Prepared remarks: +17.92021 Q3 · Prepared remarks: +24.12021 Q4 · Prepared remarks: +13.42022 Q1 · Prepared remarks: +10.92022 Q2 · Prepared remarks: +10.22022 Q3 · Prepared remarks: +18.82022 Q4 · Prepared remarks: +21.02023 Q1 · Prepared remarks: +15.62023 Q2 · Prepared remarks: +17.12023 Q3 · Prepared remarks: +19.92023 Q4 · Prepared remarks: +19.92024 Q1 · Prepared remarks: +24.42024 Q2 · Prepared remarks: +12.12024 Q3 · Prepared remarks: +10.22024 Q4 · Prepared remarks: +14.02025 Q1 · Prepared remarks: +17.22007 Q4 · Q&A responses: +12.12008 Q1 · Q&A responses: +8.82009 Q1 · Q&A responses: -4.62009 Q2 · Q&A responses: +2.22009 Q3 · Q&A responses: -0.22010 Q1 · Q&A responses: +6.92010 Q2 · Q&A responses: -0.72011 Q1 · Q&A responses: +11.72011 Q2 · Q&A responses: +6.32011 Q3 · Q&A responses: +8.02011 Q4 · Q&A responses: +6.12014 Q2 · Q&A responses: +9.52014 Q3 · Q&A responses: +3.22015 Q4 · Q&A responses: -6.32016 Q2 · Q&A responses: -3.12017 Q2 · Q&A responses: +0.42019 Q3 · Q&A responses: -0.62019 Q4 · Q&A responses: +9.62020 Q1 · Q&A responses: -4.62020 Q2 · Q&A responses: -4.12020 Q3 · Q&A responses: +6.22021 Q1 · Q&A responses: +4.62021 Q2 · Q&A responses: +5.92021 Q3 · Q&A responses: +2.92021 Q4 · Q&A responses: +6.32022 Q1 · Q&A responses: +11.92022 Q2 · Q&A responses: +3.22022 Q3 · Q&A responses: +4.82022 Q4 · Q&A responses: +6.42023 Q1 · Q&A responses: +7.32023 Q2 · Q&A responses: +0.82023 Q3 · Q&A responses: +4.82023 Q4 · Q&A responses: +4.42024 Q1 · Q&A responses: +5.52024 Q2 · Q&A responses: +1.42024 Q3 · Q&A responses: -0.42024 Q4 · Q&A responses: +0.92025 Q1 · Q&A responses: +8.6
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

$3.52$8.08$12.642007 Q32009 Q42012 Q12014 Q22016 Q32018 Q42021 Q12023 Q22014 Q1: $5.002014 Q2: $5.162014 Q3: $5.132014 Q4: $5.022015 Q1: $5.012015 Q2: $5.002015 Q3: $4.852015 Q4: $4.302016 Q1: $4.322016 Q2: $4.452016 Q3: $4.502016 Q4: $4.382017 Q1: $4.542017 Q2: $4.872017 Q3: $4.982017 Q4: $5.162018 Q1: $5.282018 Q2: $5.492018 Q3: $5.762018 Q4: $5.882019 Q1: $5.962019 Q2: $6.082019 Q3: $6.102019 Q4: $5.882020 Q1: $5.822020 Q2: $4.152020 Q3: $4.662020 Q4: $4.952021 Q1: $5.862021 Q2: $6.562021 Q3: $7.292021 Q4: $7.442022 Q1: $7.732022 Q2: $7.962022 Q3: $8.162022 Q4: $8.242023 Q1: $8.512023 Q2: $8.882023 Q3: $9.532023 Q4: $10.042024 Q1: $10.532024 Q2: $11.072024 Q3: $11.652024 Q4: $12.01

Forward P/E

10.1320.5731.022007 Q32009 Q42012 Q12014 Q22016 Q32018 Q42021 Q12023 Q22014 Q1: 14.422014 Q2: 14.842014 Q3: 12.932014 Q4: 12.922015 Q1: 13.662015 Q2: 14.062015 Q3: 11.652015 Q4: 12.092016 Q1: 14.072016 Q2: 13.632016 Q3: 13.982016 Q4: 15.452017 Q1: 16.272017 Q2: 15.472017 Q3: 15.052017 Q4: 15.032018 Q1: 15.172018 Q2: 14.582018 Q3: 15.282018 Q4: 11.572019 Q1: 13.512019 Q2: 13.162019 Q3: 13.932019 Q4: 16.062020 Q1: 11.832020 Q2: 21.412020 Q3: 22.402020 Q4: 23.312021 Q1: 23.552021 Q2: 22.312021 Q3: 22.012021 Q4: 22.752022 Q1: 19.842022 Q2: 16.472022 Q3: 17.542022 Q4: 19.582023 Q1: 18.722023 Q2: 21.752023 Q3: 23.242023 Q4: 23.582024 Q1: 28.532024 Q2: 29.582024 Q3: 27.012024 Q4: 27.90

Divergence watch ⚑

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

  • 2014 Q2 tone ↓ -4.7 fwd EPS ↑ +0.16 Tone cooled even as the forward EPS estimate rose.
  • 2015 Q4 tone ↑ +3.9 fwd EPS ↓ -0.55 Tone rose while the forward EPS estimate was cut.
  • 2016 Q2 tone ↓ -2.9 fwd EPS ↑ +0.13 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q3 tone ↓ -2.7 fwd EPS ↑ +0.05 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q2 tone ↓ -3.9 fwd EPS ↑ +0.33 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q3 tone ↓ -7.6 fwd EPS ↑ +0.27 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q1 tone ↓ -4.4 fwd EPS ↑ +0.08 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q2 tone ↓ -3.2 fwd EPS ↑ +0.11 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q4 tone ↑ +7.2 fwd EPS ↓ -0.22 Tone rose while the forward EPS estimate was cut.
  • 2020 Q2 tone ↑ +2.7 fwd EPS ↓ -1.67 Tone rose while the forward EPS estimate was cut.
  • 2021 Q3 tone ↓ -3.2 fwd EPS ↑ +0.74 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q2 tone ↓ -7.6 fwd EPS ↑ +0.22 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q2 tone ↓ -3.7 fwd EPS ↑ +0.37 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↓ -8.4 fwd EPS ↑ +0.49 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q3 tone ↓ -2.2 fwd EPS ↑ +0.58 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-05-02+7.4——View →
2024 Q42025-01-31+4.5$12.0127.9View →
2024 Q32024-10-31+1.4$11.6527.0View →
2024 Q22024-08-01+3.6$11.0729.6View →
2024 Q12024-04-30-0.9$10.5328.5View →
2023 Q42024-02-01+7.6$10.0423.6View →
2023 Q32023-10-31+8.6$9.5323.2View →
2023 Q22023-08-01+5.7$8.8821.8View →