Subtext

The Home Depot, Inc. HD

SectorConsumer Discretionary
Transcripts73
Date range2006-02-21 – 2025-02-25
Calls charted73

Sentiment timeline

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

-21-10+0+10+212005 Q42009 Q22011 Q42014 Q22016 Q42019 Q22021 Q42024 Q22005 Q4 · Overall: +15.52007 Q1 · Overall: +5.32007 Q2 · Overall: +5.92007 Q3 · Overall: +6.62007 Q4 · Overall: +5.92008 Q1 · Overall: +4.52008 Q2 · Overall: +6.22008 Q3 · Overall: -2.12008 Q4 · Overall: +1.22009 Q1 · Overall: +1.42009 Q2 · Overall: +7.52009 Q3 · Overall: +9.62009 Q4 · Overall: +11.22010 Q1 · Overall: +10.22010 Q2 · Overall: +4.82010 Q3 · Overall: +11.42010 Q4 · Overall: +16.52011 Q1 · Overall: +10.42011 Q2 · Overall: +13.82011 Q3 · Overall: +8.82011 Q4 · Overall: +14.52012 Q1 · Overall: +13.52012 Q2 · Overall: +12.22012 Q3 · Overall: +6.62012 Q4 · Overall: +11.02013 Q1 · Overall: +8.12013 Q2 · Overall: +12.42013 Q3 · Overall: +11.62013 Q4 · Overall: +10.92014 Q1 · Overall: +5.12014 Q2 · Overall: +10.12014 Q3 · Overall: +11.72014 Q4 · Overall: +11.52015 Q1 · Overall: +12.32015 Q2 · Overall: +8.72015 Q3 · Overall: +8.72015 Q4 · Overall: +17.02016 Q1 · Overall: +10.62016 Q2 · Overall: +13.72016 Q3 · Overall: +11.92016 Q4 · Overall: +13.12017 Q1 · Overall: +18.12017 Q2 · Overall: +12.72017 Q3 · Overall: +8.82017 Q4 · Overall: +11.32018 Q1 · Overall: +9.02018 Q2 · Overall: +11.32018 Q3 · Overall: +9.82018 Q4 · Overall: +8.12019 Q1 · Overall: +3.72019 Q2 · Overall: +9.12019 Q3 · Overall: +5.02019 Q4 · Overall: +12.22020 Q1 · Overall: +0.82020 Q2 · Overall: +9.72020 Q3 · Overall: +12.82020 Q4 · Overall: +10.62021 Q1 · Overall: +11.32021 Q2 · Overall: +11.82021 Q3 · Overall: +15.42021 Q4 · Overall: +14.12022 Q1 · Overall: +11.32022 Q2 · Overall: +14.22022 Q3 · Overall: +14.42022 Q4 · Overall: +10.92023 Q1 · Overall: +4.42023 Q2 · Overall: +7.92023 Q3 · Overall: +8.12023 Q4 · Overall: +15.22024 Q1 · Overall: +9.62024 Q2 · Overall: +4.32024 Q3 · Overall: +9.42024 Q4 · Overall: +13.9
Overall

CEO vs CFO

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

-32-16+0+16+322005 Q42009 Q22011 Q42014 Q22016 Q42019 Q22021 Q42024 Q22005 Q4 · CEO: +22.02007 Q1 · CEO: +12.62007 Q2 · CEO: +8.32007 Q3 · CEO: +10.72007 Q4 · CEO: +4.52008 Q1 · CEO: +10.42008 Q2 · CEO: +15.72008 Q3 · CEO: +9.12008 Q4 · CEO: +10.52009 Q1 · CEO: +1.72009 Q2 · CEO: +7.62009 Q3 · CEO: +8.12009 Q4 · CEO: +13.02010 Q1 · CEO: +17.52010 Q2 · CEO: +9.22010 Q3 · CEO: +15.92010 Q4 · CEO: +20.52011 Q1 · CEO: +23.62011 Q2 · CEO: +21.92011 Q3 · CEO: +20.72011 Q4 · CEO: +16.92012 Q1 · CEO: +16.92012 Q2 · CEO: +21.52012 Q3 · CEO: +10.92012 Q4 · CEO: +23.32013 Q1 · CEO: +13.82013 Q2 · CEO: +26.22013 Q3 · CEO: +27.42013 Q4 · CEO: +18.32014 Q1 · CEO: +8.62014 Q2 · CEO: +20.62014 Q3 · CEO: +22.12014 Q4 · CEO: +19.42015 Q3 · CEO: +20.82016 Q1 · CEO: +17.32016 Q2 · CEO: +15.32016 Q3 · CEO: +19.82016 Q4 · CEO: +24.02017 Q1 · CEO: +27.72017 Q2 · CEO: +14.82017 Q3 · CEO: +7.52017 Q4 · CEO: +25.02018 Q1 · CEO: +16.32018 Q2 · CEO: +16.12018 Q3 · CEO: +19.42018 Q4 · CEO: +21.52019 Q1 · CEO: +12.92019 Q2 · CEO: +20.62019 Q3 · CEO: +19.82019 Q4 · CEO: +24.12020 Q1 · CEO: +4.42020 Q2 · CEO: +12.52020 Q3 · CEO: +20.22020 Q4 · CEO: +20.22021 Q1 · CEO: +17.82021 Q2 · CEO: +21.92021 Q3 · CEO: +26.12021 Q4 · CEO: +21.52022 Q1 · CEO: +19.72022 Q2 · CEO: +25.12022 Q3 · CEO: +19.92022 Q4 · CEO: +20.02023 Q1 · CEO: +11.42023 Q2 · CEO: +11.62023 Q3 · CEO: +16.92023 Q4 · CEO: +27.92024 Q1 · CEO: +12.92024 Q2 · CEO: +5.72024 Q3 · CEO: +6.12024 Q4 · CEO: +16.62005 Q4 · CFO: -0.62007 Q1 · CFO: -11.12007 Q2 · CFO: +9.42007 Q3 · CFO: -5.92007 Q4 · CFO: +1.82008 Q1 · CFO: -9.22008 Q2 · CFO: -4.02008 Q3 · CFO: -14.12008 Q4 · CFO: -18.42009 Q1 · CFO: -8.52009 Q2 · CFO: -4.22009 Q3 · CFO: +14.32009 Q4 · CFO: +27.02010 Q1 · CFO: +13.32010 Q2 · CFO: +10.22010 Q3 · CFO: +14.12010 Q4 · CFO: +17.82011 Q1 · CFO: +0.02011 Q2 · CFO: +5.92011 Q3 · CFO: +6.62012 Q1 · CFO: +6.42012 Q2 · CFO: +9.12012 Q3 · CFO: -1.22012 Q4 · CFO: +11.62013 Q1 · CFO: +9.42013 Q2 · CFO: +15.62013 Q3 · CFO: +14.62013 Q4 · CFO: +15.62014 Q1 · CFO: +7.12014 Q2 · CFO: +3.92014 Q3 · CFO: +3.62014 Q4 · CFO: +9.02015 Q3 · CFO: +1.02016 Q1 · CFO: +15.12016 Q2 · CFO: +15.62016 Q3 · CFO: +14.32016 Q4 · CFO: +7.02017 Q1 · CFO: +23.32017 Q2 · CFO: +16.82017 Q3 · CFO: +6.82017 Q4 · CFO: +11.92018 Q1 · CFO: +9.02018 Q2 · CFO: +4.72018 Q3 · CFO: +21.92018 Q4 · CFO: +8.32019 Q1 · CFO: -4.02019 Q2 · CFO: +1.52019 Q3 · CFO: +2.42019 Q4 · CFO: +7.72020 Q1 · CFO: +6.92020 Q2 · CFO: +11.22020 Q3 · CFO: +11.62020 Q4 · CFO: +9.02021 Q1 · CFO: +16.62021 Q2 · CFO: +21.82021 Q4 · CFO: +23.22022 Q1 · CFO: +10.62022 Q2 · CFO: +12.42022 Q3 · CFO: +6.92022 Q4 · CFO: +1.72023 Q1 · CFO: -4.22023 Q2 · CFO: +1.52023 Q3 · CFO: +1.62023 Q4 · CFO: +6.92024 Q1 · CFO: -0.92024 Q2 · CFO: -1.82024 Q3 · CFO: -0.62024 Q4 · CFO: +16.5
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-34-17+0+17+342005 Q42009 Q22011 Q42014 Q22016 Q42019 Q22021 Q42024 Q22005 Q4 · Prepared remarks: +17.62007 Q1 · Prepared remarks: +6.02007 Q2 · Prepared remarks: +13.02007 Q3 · Prepared remarks: +9.12007 Q4 · Prepared remarks: +6.72008 Q1 · Prepared remarks: +5.12008 Q2 · Prepared remarks: +7.02008 Q3 · Prepared remarks: +2.02008 Q4 · Prepared remarks: -4.52009 Q1 · Prepared remarks: +2.72009 Q2 · Prepared remarks: +7.72009 Q3 · Prepared remarks: +13.82009 Q4 · Prepared remarks: +15.32010 Q1 · Prepared remarks: +14.62010 Q2 · Prepared remarks: +11.22010 Q3 · Prepared remarks: +18.72010 Q4 · Prepared remarks: +21.72011 Q1 · Prepared remarks: +18.62011 Q2 · Prepared remarks: +14.82011 Q3 · Prepared remarks: +14.92011 Q4 · Prepared remarks: +29.12012 Q1 · Prepared remarks: +19.62012 Q2 · Prepared remarks: +12.72012 Q3 · Prepared remarks: +8.92012 Q4 · Prepared remarks: +14.82013 Q1 · Prepared remarks: +16.92013 Q2 · Prepared remarks: +20.92013 Q3 · Prepared remarks: +18.02013 Q4 · Prepared remarks: +17.52014 Q1 · Prepared remarks: +10.72014 Q2 · Prepared remarks: +11.12014 Q3 · Prepared remarks: +17.82014 Q4 · Prepared remarks: +12.32015 Q1 · Prepared remarks: +14.82015 Q2 · Prepared remarks: +14.22015 Q3 · Prepared remarks: +17.22015 Q4 · Prepared remarks: +18.12016 Q1 · Prepared remarks: +19.42016 Q2 · Prepared remarks: +21.82016 Q3 · Prepared remarks: +17.22016 Q4 · Prepared remarks: +17.72017 Q1 · Prepared remarks: +29.62017 Q2 · Prepared remarks: +18.02017 Q3 · Prepared remarks: +10.92017 Q4 · Prepared remarks: +18.12018 Q1 · Prepared remarks: +9.52018 Q2 · Prepared remarks: +20.62018 Q3 · Prepared remarks: +19.12018 Q4 · Prepared remarks: +14.22019 Q1 · Prepared remarks: +4.92019 Q2 · Prepared remarks: +19.62019 Q3 · Prepared remarks: +14.32019 Q4 · Prepared remarks: +22.32020 Q1 · Prepared remarks: +6.92020 Q2 · Prepared remarks: +13.12020 Q3 · Prepared remarks: +18.72020 Q4 · Prepared remarks: +15.82021 Q1 · Prepared remarks: +22.82021 Q2 · Prepared remarks: +23.92021 Q3 · Prepared remarks: +25.32021 Q4 · Prepared remarks: +25.42022 Q1 · Prepared remarks: +23.52022 Q2 · Prepared remarks: +24.92022 Q3 · Prepared remarks: +26.52022 Q4 · Prepared remarks: +20.02023 Q1 · Prepared remarks: +10.32023 Q2 · Prepared remarks: +15.92023 Q3 · Prepared remarks: +14.72023 Q4 · Prepared remarks: +23.32024 Q1 · Prepared remarks: +20.02024 Q2 · Prepared remarks: +11.72024 Q3 · Prepared remarks: +19.52024 Q4 · Prepared remarks: +25.82005 Q4 · Q&A responses: +8.12007 Q1 · Q&A responses: -8.82007 Q2 · Q&A responses: +3.42007 Q3 · Q&A responses: -5.52007 Q4 · Q&A responses: -11.02008 Q1 · Q&A responses: +7.22008 Q2 · Q&A responses: +6.82008 Q3 · Q&A responses: -1.22008 Q4 · Q&A responses: +8.02009 Q1 · Q&A responses: +5.72009 Q2 · Q&A responses: +7.22009 Q3 · Q&A responses: +10.02009 Q4 · Q&A responses: +13.12010 Q1 · Q&A responses: +13.32010 Q2 · Q&A responses: +6.52010 Q3 · Q&A responses: +9.52010 Q4 · Q&A responses: +21.62011 Q1 · Q&A responses: +9.72011 Q2 · Q&A responses: +14.22011 Q3 · Q&A responses: +6.62011 Q4 · Q&A responses: +8.32012 Q1 · Q&A responses: +11.52012 Q2 · Q&A responses: +0.02012 Q3 · Q&A responses: +5.72012 Q4 · Q&A responses: +11.12013 Q1 · Q&A responses: +7.52013 Q2 · Q&A responses: +9.52013 Q3 · Q&A responses: +12.92013 Q4 · Q&A responses: +10.82014 Q1 · Q&A responses: +9.32014 Q2 · Q&A responses: +10.32014 Q3 · Q&A responses: +10.22014 Q4 · Q&A responses: +11.42015 Q1 · Q&A responses: +11.92015 Q2 · Q&A responses: +11.82015 Q3 · Q&A responses: +5.12015 Q4 · Q&A responses: +20.82016 Q1 · Q&A responses: +8.72016 Q2 · Q&A responses: +10.02016 Q3 · Q&A responses: +9.22016 Q4 · Q&A responses: +12.62017 Q1 · Q&A responses: +16.62017 Q2 · Q&A responses: +8.32017 Q3 · Q&A responses: +8.32017 Q4 · Q&A responses: +10.82018 Q1 · Q&A responses: +10.22018 Q2 · Q&A responses: +7.92018 Q3 · Q&A responses: +6.52018 Q4 · Q&A responses: +6.72019 Q1 · Q&A responses: +7.52019 Q2 · Q&A responses: +10.22019 Q3 · Q&A responses: +5.02019 Q4 · Q&A responses: +10.52020 Q1 · Q&A responses: +0.02020 Q2 · Q&A responses: +11.92020 Q3 · Q&A responses: +16.12020 Q4 · Q&A responses: +10.12021 Q1 · Q&A responses: +12.62021 Q2 · Q&A responses: +15.62021 Q3 · Q&A responses: +19.72021 Q4 · Q&A responses: +13.72022 Q1 · Q&A responses: +12.32022 Q2 · Q&A responses: +18.52022 Q3 · Q&A responses: +15.82022 Q4 · Q&A responses: +11.02023 Q1 · Q&A responses: +7.42023 Q2 · Q&A responses: +10.02023 Q3 · Q&A responses: +10.42023 Q4 · Q&A responses: +12.72024 Q1 · Q&A responses: +8.12024 Q2 · Q&A responses: +6.82024 Q3 · Q&A responses: +6.72024 Q4 · Q&A responses: +13.3
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

$3.55$10.82$18.102005 Q42009 Q22011 Q42014 Q22016 Q42019 Q22021 Q42024 Q22014 Q1: $4.562014 Q2: $4.702014 Q3: $4.972014 Q4: $5.172015 Q1: $5.352015 Q2: $5.592015 Q3: $5.852015 Q4: $6.112016 Q1: $6.342016 Q2: $6.662016 Q3: $6.902016 Q4: $7.092017 Q1: $7.352017 Q2: $7.642017 Q3: $7.982017 Q4: $8.232018 Q1: $9.562018 Q2: $9.752018 Q3: $10.052018 Q4: $10.252019 Q1: $10.272019 Q2: $10.492019 Q3: $10.682019 Q4: $10.542020 Q1: $10.532020 Q2: $10.432020 Q3: $11.722020 Q4: $12.322021 Q1: $12.872021 Q2: $14.492021 Q3: $15.032021 Q4: $16.092022 Q1: $16.302022 Q2: $16.942022 Q3: $17.092022 Q4: $16.942023 Q1: $15.982023 Q2: $15.362023 Q3: $15.852023 Q4: $15.552024 Q1: $15.542024 Q2: $15.682024 Q3: $15.34

Forward P/E

13.9320.0726.202005 Q42009 Q22011 Q42014 Q22016 Q42019 Q22021 Q42024 Q22014 Q1: 17.502014 Q2: 17.172014 Q3: 18.342014 Q4: 19.142015 Q1: 21.702015 Q2: 19.772015 Q3: 20.142015 Q4: 21.752016 Q1: 20.572016 Q2: 18.992016 Q3: 18.312016 Q4: 19.172017 Q1: 20.132017 Q2: 20.532017 Q3: 20.062017 Q4: 22.232018 Q1: 18.552018 Q2: 20.552018 Q3: 21.072018 Q4: 16.352019 Q1: 17.642019 Q2: 19.812019 Q3: 21.612019 Q4: 20.692020 Q1: 14.782020 Q2: 24.062020 Q3: 24.042020 Q4: 21.872021 Q1: 21.752021 Q2: 20.902021 Q3: 22.182021 Q4: 25.352022 Q1: 20.302022 Q2: 16.512022 Q3: 16.172022 Q4: 19.692023 Q1: 18.022023 Q2: 19.512023 Q3: 20.562023 Q4: 22.092024 Q1: 24.382024 Q2: 22.572024 Q3: 25.04

Divergence watch ⚑

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

  • 2015 Q2 tone ↓ -3.6 fwd EPS ↑ +0.24 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q1 tone ↓ -6.4 fwd EPS ↑ +0.23 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q2 tone ↓ -5.5 fwd EPS ↑ +0.29 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q3 tone ↓ -3.9 fwd EPS ↑ +0.34 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q1 tone ↓ -2.3 fwd EPS ↑ +1.33 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q3 tone ↓ -4.0 fwd EPS ↑ +0.19 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q4 tone ↑ +7.2 fwd EPS ↓ -0.14 Tone rose while the forward EPS estimate was cut.
  • 2020 Q2 tone ↑ +8.8 fwd EPS ↓ -0.11 Tone rose while the forward EPS estimate was cut.
  • 2020 Q4 tone ↓ -2.2 fwd EPS ↑ +0.61 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q1 tone ↓ -2.8 fwd EPS ↑ +0.21 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q2 tone ↑ +3.5 fwd EPS ↓ -0.62 Tone rose while the forward EPS estimate was cut.
  • 2023 Q4 tone ↑ +7.0 fwd EPS ↓ -0.31 Tone rose while the forward EPS estimate was cut.
  • 2024 Q3 tone ↑ +5.1 fwd EPS ↓ -0.34 Tone rose while the forward EPS estimate was cut.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2024 Q42025-02-25+13.9——View →
2024 Q32024-11-12+9.4$15.3425.0View →
2024 Q22024-08-13+4.3$15.6822.6View →
2024 Q12024-05-14+9.6$15.5424.4View →
2023 Q42024-02-20+15.2$15.5522.1View →
2023 Q32023-11-14+8.1$15.8520.6View →
2023 Q22023-08-15+7.9$15.3619.5View →
2023 Q12023-05-16+4.4$15.9818.0View →