Subtext

General Motors Company GM

SectorConsumer Discretionary
Transcripts59
Date range2006-10-25 – 2025-05-05
Calls charted58

Sentiment timeline

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

-22-11+0+11+222006 Q32008 Q42014 Q42016 Q42018 Q42020 Q42022 Q42024 Q42006 Q3 · Overall: +2.52006 Q4 · Overall: -0.22007 Q2 · Overall: +8.92007 Q3 · Overall: -0.52007 Q4 · Overall: +0.12008 Q1 · Overall: -0.52008 Q2 · Overall: -6.32008 Q3 · Overall: -6.02008 Q4 · Overall: -1.22013 Q1 · Overall: +2.02013 Q2 · Overall: +2.72013 Q3 · Overall: +3.52013 Q4 · Overall: +1.72014 Q1 · Overall: -4.62014 Q2 · Overall: -3.12014 Q3 · Overall: -1.72014 Q4 · Overall: +1.12015 Q1 · Overall: +8.92015 Q2 · Overall: +7.92015 Q3 · Overall: +12.22015 Q4 · Overall: +12.62016 Q1 · Overall: +12.62016 Q2 · Overall: +10.62016 Q3 · Overall: +9.62016 Q4 · Overall: +12.92017 Q1 · Overall: +11.82017 Q2 · Overall: +8.92017 Q3 · Overall: +8.02017 Q4 · Overall: +9.42018 Q1 · Overall: +14.12018 Q2 · Overall: +8.42018 Q3 · Overall: +10.92018 Q4 · Overall: +8.22019 Q1 · Overall: +9.22019 Q2 · Overall: +8.82019 Q3 · Overall: +4.22019 Q4 · Overall: +12.22020 Q1 · Overall: +5.42020 Q2 · Overall: +8.32020 Q3 · Overall: +12.62020 Q4 · Overall: +11.12021 Q1 · Overall: +12.52021 Q2 · Overall: +6.22021 Q3 · Overall: +8.92021 Q4 · Overall: +10.42022 Q1 · Overall: +10.42022 Q2 · Overall: +6.22022 Q3 · Overall: +10.82022 Q4 · Overall: +14.52023 Q1 · Overall: +8.62023 Q2 · Overall: +12.42023 Q3 · Overall: +16.72023 Q4 · Overall: +12.22024 Q1 · Overall: +18.82024 Q2 · Overall: +15.42024 Q3 · Overall: +9.42024 Q4 · Overall: +15.52025 Q1 · Overall: +13.4
Overall

CEO vs CFO

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

-33-16+0+16+332006 Q32008 Q42014 Q42016 Q42018 Q42020 Q42022 Q42024 Q42008 Q3 · CEO: -2.42013 Q1 · CEO: +14.92013 Q2 · CEO: +19.52013 Q3 · CEO: +16.12013 Q4 · CEO: +15.82014 Q1 · CEO: +6.02014 Q2 · CEO: +5.42014 Q3 · CEO: +21.52014 Q4 · CEO: +19.42015 Q1 · CEO: +17.52015 Q2 · CEO: +21.72015 Q3 · CEO: +23.72015 Q4 · CEO: +20.62016 Q1 · CEO: +21.62016 Q2 · CEO: +25.32016 Q3 · CEO: +19.62016 Q4 · CEO: +28.22017 Q1 · CEO: +22.42017 Q2 · CEO: +16.02017 Q3 · CEO: +16.52017 Q4 · CEO: +21.22018 Q1 · CEO: +28.32018 Q2 · CEO: +21.12018 Q3 · CEO: +18.92018 Q4 · CEO: +27.72019 Q1 · CEO: +22.22019 Q2 · CEO: +20.62019 Q3 · CEO: +15.92019 Q4 · CEO: +11.92020 Q1 · CEO: +13.82020 Q2 · CEO: +19.72020 Q3 · CEO: +19.32020 Q4 · CEO: +19.82021 Q1 · CEO: +20.82021 Q2 · CEO: +15.72021 Q3 · CEO: +19.22021 Q4 · CEO: +13.72022 Q1 · CEO: +13.92022 Q2 · CEO: +13.92022 Q3 · CEO: +18.62022 Q4 · CEO: +15.92023 Q1 · CEO: +21.72023 Q2 · CEO: +15.72023 Q3 · CEO: +21.82023 Q4 · CEO: +19.52024 Q1 · CEO: +27.62024 Q2 · CEO: +21.32024 Q3 · CEO: +19.32024 Q4 · CEO: +19.82025 Q1 · CEO: +20.92006 Q3 · CFO: +4.22006 Q4 · CFO: +1.62007 Q2 · CFO: +13.52007 Q3 · CFO: +0.62007 Q4 · CFO: +3.02008 Q1 · CFO: +3.92008 Q2 · CFO: -8.32008 Q3 · CFO: -9.12013 Q1 · CFO: -5.52013 Q2 · CFO: -1.42013 Q3 · CFO: -1.32013 Q4 · CFO: -3.52014 Q1 · CFO: -8.42014 Q2 · CFO: -8.32014 Q3 · CFO: -8.12014 Q4 · CFO: -2.82015 Q1 · CFO: +11.42015 Q2 · CFO: +7.52015 Q3 · CFO: +11.92015 Q4 · CFO: +16.52016 Q1 · CFO: +15.12016 Q2 · CFO: +8.52016 Q3 · CFO: +10.52016 Q4 · CFO: +13.82017 Q1 · CFO: +11.62017 Q2 · CFO: +8.92017 Q3 · CFO: +7.42017 Q4 · CFO: +10.92018 Q1 · CFO: +9.62018 Q2 · CFO: +8.32018 Q3 · CFO: +12.52018 Q4 · CFO: +4.72019 Q1 · CFO: +8.52019 Q2 · CFO: +5.62019 Q3 · CFO: +0.02020 Q1 · CFO: -2.62020 Q2 · CFO: +4.72020 Q3 · CFO: +10.92020 Q4 · CFO: +18.12021 Q1 · CFO: +12.42021 Q2 · CFO: +4.62021 Q3 · CFO: +6.62021 Q4 · CFO: +12.92022 Q2 · CFO: +5.82022 Q3 · CFO: +8.02022 Q4 · CFO: +22.52023 Q1 · CFO: +10.82023 Q2 · CFO: +17.72023 Q3 · CFO: +19.42023 Q4 · CFO: +11.72024 Q1 · CFO: +21.62024 Q2 · CFO: +21.12024 Q3 · CFO: +13.52024 Q4 · CFO: +19.32025 Q1 · CFO: +13.0
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-34-17+0+17+342006 Q32008 Q42014 Q42016 Q42018 Q42020 Q42022 Q42024 Q42006 Q3 · Prepared remarks: +5.12006 Q4 · Prepared remarks: +4.92007 Q2 · Prepared remarks: +10.12007 Q3 · Prepared remarks: +0.92007 Q4 · Prepared remarks: +3.22008 Q1 · Prepared remarks: +1.02008 Q2 · Prepared remarks: -5.72008 Q3 · Prepared remarks: -10.82008 Q4 · Prepared remarks: +0.72013 Q1 · Prepared remarks: -0.32013 Q2 · Prepared remarks: +7.12013 Q3 · Prepared remarks: +9.82013 Q4 · Prepared remarks: +0.62014 Q1 · Prepared remarks: -9.52014 Q2 · Prepared remarks: -11.52014 Q3 · Prepared remarks: -1.62014 Q4 · Prepared remarks: +1.12015 Q1 · Prepared remarks: +15.22015 Q2 · Prepared remarks: +20.32015 Q3 · Prepared remarks: +23.92015 Q4 · Prepared remarks: +24.42016 Q1 · Prepared remarks: +22.52016 Q2 · Prepared remarks: +18.42016 Q3 · Prepared remarks: +18.52016 Q4 · Prepared remarks: +20.62017 Q1 · Prepared remarks: +18.62017 Q2 · Prepared remarks: +14.72017 Q3 · Prepared remarks: +12.12017 Q4 · Prepared remarks: +23.42018 Q1 · Prepared remarks: +11.42018 Q2 · Prepared remarks: +13.42018 Q3 · Prepared remarks: +26.42018 Q4 · Prepared remarks: +22.42019 Q1 · Prepared remarks: +23.02019 Q2 · Prepared remarks: +17.62019 Q3 · Prepared remarks: +10.52019 Q4 · Prepared remarks: +12.22020 Q1 · Prepared remarks: +1.02020 Q2 · Prepared remarks: +19.52020 Q3 · Prepared remarks: +17.42020 Q4 · Prepared remarks: +19.22021 Q1 · Prepared remarks: +21.02021 Q2 · Prepared remarks: +13.52021 Q3 · Prepared remarks: +18.62021 Q4 · Prepared remarks: +18.32022 Q1 · Prepared remarks: +16.22022 Q2 · Prepared remarks: +10.72022 Q3 · Prepared remarks: +20.12022 Q4 · Prepared remarks: +19.72023 Q1 · Prepared remarks: +25.12023 Q2 · Prepared remarks: +19.62023 Q3 · Prepared remarks: +24.62023 Q4 · Prepared remarks: +19.32024 Q1 · Prepared remarks: +29.32024 Q2 · Prepared remarks: +27.02024 Q3 · Prepared remarks: +24.12024 Q4 · Prepared remarks: +21.42025 Q1 · Prepared remarks: +16.82006 Q3 · Q&A responses: +2.62006 Q4 · Q&A responses: -3.12007 Q2 · Q&A responses: +16.72007 Q3 · Q&A responses: +0.32007 Q4 · Q&A responses: +2.02008 Q1 · Q&A responses: +2.12008 Q2 · Q&A responses: -3.62008 Q3 · Q&A responses: +4.42008 Q4 · Q&A responses: +1.22013 Q1 · Q&A responses: +4.72013 Q2 · Q&A responses: +4.62013 Q3 · Q&A responses: +2.72013 Q4 · Q&A responses: +8.62014 Q1 · Q&A responses: +6.42014 Q2 · Q&A responses: +3.12014 Q3 · Q&A responses: +2.72014 Q4 · Q&A responses: +6.12015 Q1 · Q&A responses: +13.52015 Q2 · Q&A responses: +8.82015 Q3 · Q&A responses: +9.02015 Q4 · Q&A responses: +10.72016 Q1 · Q&A responses: +12.92016 Q2 · Q&A responses: +11.52016 Q3 · Q&A responses: +9.72016 Q4 · Q&A responses: +17.32017 Q1 · Q&A responses: +14.72017 Q2 · Q&A responses: +10.32017 Q3 · Q&A responses: +10.32017 Q4 · Q&A responses: +8.32018 Q1 · Q&A responses: +20.12018 Q2 · Q&A responses: +12.42018 Q3 · Q&A responses: +10.02018 Q4 · Q&A responses: +9.32019 Q1 · Q&A responses: +10.92019 Q2 · Q&A responses: +10.02019 Q3 · Q&A responses: +5.72020 Q1 · Q&A responses: +15.02020 Q2 · Q&A responses: +4.32020 Q3 · Q&A responses: +15.72020 Q4 · Q&A responses: +19.12021 Q1 · Q&A responses: +13.12021 Q2 · Q&A responses: +7.42021 Q3 · Q&A responses: +9.82021 Q4 · Q&A responses: +9.02022 Q1 · Q&A responses: +8.92022 Q2 · Q&A responses: +10.02022 Q3 · Q&A responses: +9.52022 Q4 · Q&A responses: +11.92023 Q1 · Q&A responses: +13.42023 Q2 · Q&A responses: +12.42023 Q3 · Q&A responses: +18.02023 Q4 · Q&A responses: +12.72024 Q1 · Q&A responses: +19.72024 Q2 · Q&A responses: +15.82024 Q3 · Q&A responses: +10.22024 Q4 · Q&A responses: +17.52025 Q1 · Q&A responses: +18.0
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

$1.78$6.55$11.332006 Q32008 Q42014 Q42016 Q42018 Q42020 Q42022 Q42024 Q42014 Q1: $4.002014 Q2: $3.912014 Q3: $4.082014 Q4: $4.282015 Q1: $4.702015 Q2: $4.782015 Q3: $4.932015 Q4: $5.392016 Q1: $5.542016 Q2: $5.802016 Q3: $5.782016 Q4: $5.722017 Q1: $6.052017 Q2: $6.082017 Q3: $6.002017 Q4: $5.852018 Q1: $6.382018 Q2: $6.452018 Q3: $5.932018 Q4: $5.892019 Q1: $6.492019 Q2: $6.432019 Q3: $6.582019 Q4: $6.392020 Q1: $5.272020 Q2: $2.442020 Q3: $3.922020 Q4: $5.872021 Q1: $5.512021 Q2: $6.382021 Q3: $6.702021 Q4: $6.892022 Q1: $7.012022 Q2: $6.832022 Q3: $6.432022 Q4: $5.922023 Q1: $6.292023 Q2: $6.682023 Q3: $7.192023 Q4: $7.672024 Q1: $9.012024 Q2: $9.792024 Q3: $9.972024 Q4: $10.67

Forward P/E

2.557.1711.792006 Q32008 Q42014 Q42016 Q42018 Q42020 Q42022 Q42024 Q42014 Q1: 8.732014 Q2: 9.282014 Q3: 8.302014 Q4: 7.282015 Q1: 8.192015 Q2: 7.502015 Q3: 6.322015 Q4: 6.522016 Q1: 5.722016 Q2: 4.982016 Q3: 5.312016 Q4: 6.282017 Q1: 6.132017 Q2: 5.692017 Q3: 6.362017 Q4: 7.082018 Q1: 5.912018 Q2: 6.892018 Q3: 6.022018 Q4: 5.932019 Q1: 5.982019 Q2: 5.722019 Q3: 5.812019 Q4: 5.842020 Q1: 3.192020 Q2: 11.152020 Q3: 8.122020 Q4: 7.062021 Q1: 10.892021 Q2: 9.682021 Q3: 7.742021 Q4: 8.512022 Q1: 6.252022 Q2: 5.002022 Q3: 6.312022 Q4: 6.482023 Q1: 5.462023 Q2: 5.592023 Q3: 4.682023 Q4: 4.432024 Q1: 4.472024 Q2: 4.842024 Q3: 4.882024 Q4: 4.69

Divergence watch ⚑

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

  • 2016 Q4 tone ↑ +3.3 fwd EPS ↓ -0.06 Tone rose while the forward EPS estimate was cut.
  • 2018 Q2 tone ↓ -5.7 fwd EPS ↑ +0.07 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q3 tone ↑ +2.5 fwd EPS ↓ -0.52 Tone rose while the forward EPS estimate was cut.
  • 2019 Q3 tone ↓ -4.6 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q4 tone ↑ +8.0 fwd EPS ↓ -0.19 Tone rose while the forward EPS estimate was cut.
  • 2020 Q2 tone ↑ +2.9 fwd EPS ↓ -2.83 Tone rose while the forward EPS estimate was cut.
  • 2021 Q2 tone ↓ -6.3 fwd EPS ↑ +0.87 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q3 tone ↑ +4.6 fwd EPS ↓ -0.40 Tone rose while the forward EPS estimate was cut.
  • 2022 Q4 tone ↑ +3.7 fwd EPS ↓ -0.51 Tone rose while the forward EPS estimate was cut.
  • 2023 Q1 tone ↓ -5.9 fwd EPS ↑ +0.37 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q4 tone ↓ -4.5 fwd EPS ↑ +0.48 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q2 tone ↓ -3.4 fwd EPS ↑ +0.79 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q3 tone ↓ -6.0 fwd EPS ↑ +0.18 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-05-05+13.4——View →
2024 Q42025-01-28+15.5$10.674.7View →
2024 Q32024-10-22+9.4$9.974.9View →
2024 Q22024-07-23+15.4$9.794.8View →
2024 Q12024-04-23+18.8$9.014.5View →
2023 Q42024-01-30+12.2$7.674.4View →
2023 Q32023-10-24+16.7$7.194.7View →
2023 Q22023-07-25+12.4$6.685.6View →