Subtext

Masco Corporation MAS

SectorIndustrials
Transcripts69
Date range2008-02-12 – 2025-04-23
Calls charted69

Sentiment timeline

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

-24-12+0+12+242007 Q42010 Q22012 Q32014 Q42017 Q12019 Q22021 Q32023 Q42007 Q4 · Overall: -8.82008 Q1 · Overall: -5.42008 Q2 · Overall: -5.12008 Q3 · Overall: -8.12008 Q4 · Overall: -11.02009 Q1 · Overall: +2.52009 Q2 · Overall: +3.12009 Q3 · Overall: +11.02010 Q1 · Overall: +9.82010 Q2 · Overall: +4.02010 Q3 · Overall: +2.32010 Q4 · Overall: +5.52011 Q1 · Overall: +9.02011 Q2 · Overall: +8.62011 Q3 · Overall: +0.02011 Q4 · Overall: +1.82012 Q1 · Overall: +9.52012 Q2 · Overall: +6.92012 Q3 · Overall: +7.42012 Q4 · Overall: +8.02013 Q1 · Overall: +12.52013 Q2 · Overall: +15.32013 Q3 · Overall: +12.62013 Q4 · Overall: +14.82014 Q1 · Overall: +7.42014 Q2 · Overall: +10.82014 Q3 · Overall: +12.72014 Q4 · Overall: +9.62015 Q1 · Overall: +13.52015 Q2 · Overall: +20.52015 Q3 · Overall: +14.02015 Q4 · Overall: +18.12016 Q1 · Overall: +19.62016 Q2 · Overall: +17.92016 Q3 · Overall: +12.92016 Q4 · Overall: +16.82017 Q1 · Overall: +18.02017 Q2 · Overall: +14.32017 Q3 · Overall: +10.52017 Q4 · Overall: +17.02018 Q1 · Overall: +9.42018 Q2 · Overall: +9.92018 Q3 · Overall: +5.12018 Q4 · Overall: +8.12019 Q1 · Overall: +6.32019 Q2 · Overall: +6.02019 Q3 · Overall: +2.22019 Q4 · Overall: -0.52020 Q1 · Overall: +0.42020 Q2 · Overall: +6.82020 Q3 · Overall: +9.02020 Q4 · Overall: +10.42021 Q1 · Overall: +8.62021 Q2 · Overall: +10.02021 Q3 · Overall: +12.32021 Q4 · Overall: +11.22022 Q1 · Overall: +11.02022 Q2 · Overall: +3.82022 Q3 · Overall: +0.72022 Q4 · Overall: +2.22023 Q1 · Overall: +4.22023 Q2 · Overall: +10.82023 Q3 · Overall: +8.72023 Q4 · Overall: +15.72024 Q1 · Overall: +6.22024 Q2 · Overall: +11.82024 Q3 · Overall: +8.92024 Q4 · Overall: +10.72025 Q1 · Overall: +7.7
Overall

CEO vs CFO

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

-37-19+0+19+372007 Q42010 Q22012 Q32014 Q42017 Q12019 Q22021 Q32023 Q42008 Q1 · CEO: -7.02008 Q2 · CEO: -6.22008 Q3 · CEO: -7.42008 Q4 · CEO: -11.22009 Q1 · CEO: -5.62009 Q2 · CEO: +4.02009 Q3 · CEO: +13.12010 Q1 · CEO: +12.52010 Q2 · CEO: +5.92010 Q3 · CEO: -0.22010 Q4 · CEO: +6.62011 Q1 · CEO: +13.72011 Q2 · CEO: +12.12011 Q3 · CEO: +5.92011 Q4 · CEO: +5.42012 Q1 · CEO: +12.32012 Q2 · CEO: +11.32012 Q3 · CEO: +10.12012 Q4 · CEO: +14.82013 Q1 · CEO: +24.62013 Q2 · CEO: +22.42013 Q3 · CEO: +21.52013 Q4 · CEO: +32.62014 Q1 · CEO: +12.92014 Q2 · CEO: +12.72014 Q3 · CEO: +20.22014 Q4 · CEO: +18.92015 Q2 · CEO: +31.82016 Q2 · CEO: +25.32016 Q3 · CEO: +27.82016 Q4 · CEO: +26.72017 Q1 · CEO: +31.22017 Q2 · CEO: +22.92017 Q3 · CEO: +13.62017 Q4 · CEO: +26.82018 Q1 · CEO: +19.22018 Q2 · CEO: +16.92018 Q3 · CEO: +14.12018 Q4 · CEO: +13.42019 Q1 · CEO: +17.32019 Q2 · CEO: +14.42019 Q3 · CEO: +10.52019 Q4 · CEO: +7.92020 Q1 · CEO: +6.02020 Q2 · CEO: +14.02020 Q3 · CEO: +13.72020 Q4 · CEO: +17.42021 Q1 · CEO: +18.22021 Q2 · CEO: +17.92021 Q3 · CEO: +18.92021 Q4 · CEO: +18.02022 Q1 · CEO: +22.62022 Q2 · CEO: +14.82022 Q3 · CEO: +5.22022 Q4 · CEO: +5.12023 Q1 · CEO: +8.42023 Q2 · CEO: +20.02023 Q3 · CEO: +15.82023 Q4 · CEO: +25.52024 Q1 · CEO: +11.32024 Q2 · CEO: +18.82024 Q3 · CEO: +17.92024 Q4 · CEO: +22.52025 Q1 · CEO: +20.32008 Q4 · CFO: -3.52009 Q2 · CFO: -18.52009 Q3 · CFO: +21.12010 Q2 · CFO: -17.22010 Q3 · CFO: +0.02010 Q4 · CFO: -26.72011 Q1 · CFO: +9.92011 Q2 · CFO: +12.02011 Q3 · CFO: +0.02011 Q4 · CFO: +7.12012 Q1 · CFO: +15.72012 Q2 · CFO: +8.42012 Q3 · CFO: +10.72012 Q4 · CFO: +9.92013 Q1 · CFO: +11.02013 Q2 · CFO: +16.92013 Q3 · CFO: +20.62013 Q4 · CFO: +16.42014 Q1 · CFO: +13.82014 Q2 · CFO: +18.72014 Q3 · CFO: +28.22014 Q4 · CFO: +9.72015 Q1 · CFO: +19.42015 Q2 · CFO: +18.72015 Q3 · CFO: +12.12015 Q4 · CFO: +20.22016 Q1 · CFO: +23.32016 Q2 · CFO: +5.92016 Q3 · CFO: +6.92016 Q4 · CFO: +11.82017 Q1 · CFO: +18.72017 Q2 · CFO: +9.52017 Q3 · CFO: +19.82017 Q4 · CFO: +17.22018 Q1 · CFO: +5.72018 Q2 · CFO: +8.12018 Q3 · CFO: +5.42018 Q4 · CFO: +12.32019 Q1 · CFO: +5.42019 Q2 · CFO: +1.92019 Q3 · CFO: -4.82019 Q4 · CFO: -3.62020 Q1 · CFO: +2.52020 Q2 · CFO: +9.92020 Q3 · CFO: +13.72020 Q4 · CFO: +11.02021 Q1 · CFO: +5.42021 Q2 · CFO: +10.62021 Q3 · CFO: +13.02021 Q4 · CFO: +9.72022 Q1 · CFO: +6.42022 Q2 · CFO: +0.72022 Q3 · CFO: +3.42022 Q4 · CFO: +1.32023 Q1 · CFO: -2.52023 Q2 · CFO: +6.92023 Q4 · CFO: +12.22024 Q1 · CFO: +3.62024 Q2 · CFO: +7.82024 Q3 · CFO: +3.22024 Q4 · CFO: +4.92025 Q1 · CFO: +2.1
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-39-19+0+19+392007 Q42010 Q22012 Q32014 Q42017 Q12019 Q22021 Q32023 Q42007 Q4 · Prepared remarks: -14.42008 Q1 · Prepared remarks: -17.72008 Q2 · Prepared remarks: -5.22008 Q3 · Prepared remarks: -13.92008 Q4 · Prepared remarks: -14.32009 Q1 · Prepared remarks: -1.72009 Q2 · Prepared remarks: -5.72009 Q3 · Prepared remarks: +8.12010 Q1 · Prepared remarks: +17.02010 Q2 · Prepared remarks: +10.32010 Q3 · Prepared remarks: +2.72010 Q4 · Prepared remarks: +6.32011 Q1 · Prepared remarks: +17.52011 Q2 · Prepared remarks: +10.92011 Q3 · Prepared remarks: +8.22011 Q4 · Prepared remarks: +4.62012 Q1 · Prepared remarks: +21.62012 Q2 · Prepared remarks: +15.02012 Q3 · Prepared remarks: +13.62012 Q4 · Prepared remarks: +24.72013 Q1 · Prepared remarks: +25.92013 Q2 · Prepared remarks: +29.52013 Q3 · Prepared remarks: +33.72013 Q4 · Prepared remarks: +32.72014 Q1 · Prepared remarks: +23.92014 Q2 · Prepared remarks: +22.12014 Q3 · Prepared remarks: +31.72014 Q4 · Prepared remarks: +21.02015 Q1 · Prepared remarks: +24.72015 Q2 · Prepared remarks: +31.02015 Q3 · Prepared remarks: +29.42015 Q4 · Prepared remarks: +33.52016 Q1 · Prepared remarks: +31.02016 Q2 · Prepared remarks: +29.32016 Q3 · Prepared remarks: +21.52016 Q4 · Prepared remarks: +31.32017 Q1 · Prepared remarks: +29.42017 Q2 · Prepared remarks: +26.12017 Q3 · Prepared remarks: +25.62017 Q4 · Prepared remarks: +25.32018 Q1 · Prepared remarks: +18.02018 Q2 · Prepared remarks: +17.92018 Q3 · Prepared remarks: +9.02018 Q4 · Prepared remarks: +16.42019 Q1 · Prepared remarks: +9.92019 Q2 · Prepared remarks: +12.82019 Q3 · Prepared remarks: +5.52019 Q4 · Prepared remarks: +7.92020 Q1 · Prepared remarks: +0.32020 Q2 · Prepared remarks: +7.62020 Q3 · Prepared remarks: +20.22020 Q4 · Prepared remarks: +16.62021 Q1 · Prepared remarks: +12.42021 Q2 · Prepared remarks: +17.22021 Q3 · Prepared remarks: +13.12021 Q4 · Prepared remarks: +15.82022 Q1 · Prepared remarks: +10.92022 Q2 · Prepared remarks: +3.02022 Q3 · Prepared remarks: +8.62022 Q4 · Prepared remarks: +4.82023 Q1 · Prepared remarks: +7.02023 Q2 · Prepared remarks: +10.92023 Q3 · Prepared remarks: +14.32023 Q4 · Prepared remarks: +23.92024 Q1 · Prepared remarks: +21.92024 Q2 · Prepared remarks: +15.52024 Q3 · Prepared remarks: +12.32024 Q4 · Prepared remarks: +14.52025 Q1 · Prepared remarks: +12.22007 Q4 · Q&A responses: -4.02008 Q1 · Q&A responses: -0.92008 Q3 · Q&A responses: -0.92008 Q4 · Q&A responses: -2.62009 Q1 · Q&A responses: +9.12009 Q2 · Q&A responses: +12.42009 Q3 · Q&A responses: +20.12010 Q1 · Q&A responses: +14.92010 Q2 · Q&A responses: +3.62011 Q1 · Q&A responses: +8.72011 Q2 · Q&A responses: +14.52011 Q3 · Q&A responses: -3.12011 Q4 · Q&A responses: +2.12012 Q1 · Q&A responses: +6.12012 Q2 · Q&A responses: +2.82012 Q3 · Q&A responses: +5.52012 Q4 · Q&A responses: +0.22013 Q1 · Q&A responses: +10.12013 Q2 · Q&A responses: +11.72013 Q3 · Q&A responses: +6.92013 Q4 · Q&A responses: +7.82014 Q1 · Q&A responses: +3.22014 Q2 · Q&A responses: +9.22014 Q3 · Q&A responses: +13.82014 Q4 · Q&A responses: +9.82015 Q1 · Q&A responses: +14.92015 Q2 · Q&A responses: +20.62015 Q3 · Q&A responses: +13.12015 Q4 · Q&A responses: +16.22016 Q1 · Q&A responses: +18.42016 Q2 · Q&A responses: +12.42016 Q3 · Q&A responses: +12.92016 Q4 · Q&A responses: +13.12017 Q1 · Q&A responses: +16.12017 Q2 · Q&A responses: +12.42017 Q3 · Q&A responses: +9.22017 Q4 · Q&A responses: +12.22018 Q1 · Q&A responses: +10.82018 Q2 · Q&A responses: +8.42018 Q3 · Q&A responses: +10.32018 Q4 · Q&A responses: +6.02019 Q1 · Q&A responses: +11.22019 Q2 · Q&A responses: +6.32019 Q3 · Q&A responses: +3.62019 Q4 · Q&A responses: -2.12020 Q1 · Q&A responses: +7.42020 Q2 · Q&A responses: +14.52020 Q3 · Q&A responses: +9.52020 Q4 · Q&A responses: +11.12021 Q1 · Q&A responses: +11.12021 Q2 · Q&A responses: +12.42021 Q3 · Q&A responses: +15.62021 Q4 · Q&A responses: +9.82022 Q1 · Q&A responses: +16.02022 Q2 · Q&A responses: +10.32022 Q3 · Q&A responses: +2.42022 Q4 · Q&A responses: +1.92023 Q1 · Q&A responses: +4.22023 Q2 · Q&A responses: +14.32023 Q3 · Q&A responses: +11.92023 Q4 · Q&A responses: +16.12024 Q1 · Q&A responses: +7.92024 Q2 · Q&A responses: +14.72024 Q3 · Q&A responses: +9.62024 Q4 · Q&A responses: +13.72025 Q1 · Q&A responses: +10.3
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

$0.91$2.83$4.742007 Q42010 Q22012 Q32014 Q42017 Q12019 Q22021 Q32023 Q42014 Q1: $1.192014 Q2: $1.182014 Q3: $1.232014 Q4: $1.272015 Q1: $1.322015 Q2: $1.382015 Q3: $1.362015 Q4: $1.472016 Q1: $1.552016 Q2: $1.692016 Q3: $1.842016 Q4: $1.892017 Q1: $1.932017 Q2: $2.082017 Q3: $2.182017 Q4: $2.242018 Q1: $2.652018 Q2: $2.712018 Q3: $2.802018 Q4: $2.742019 Q1: $2.782019 Q2: $2.842019 Q3: $2.872019 Q4: $2.582020 Q1: $2.582020 Q2: $2.352020 Q3: $2.882020 Q4: $3.232021 Q1: $3.452021 Q2: $3.812021 Q3: $3.982021 Q4: $4.132022 Q1: $4.312022 Q2: $4.482022 Q3: $4.292022 Q4: $3.682023 Q1: $3.382023 Q2: $3.562023 Q3: $3.882023 Q4: $3.962024 Q1: $4.232024 Q2: $4.342024 Q3: $4.41

Forward P/E

9.8815.6121.332007 Q42010 Q22012 Q32014 Q42017 Q12019 Q22021 Q32023 Q42014 Q1: 19.482014 Q2: 18.642014 Q3: 19.872014 Q4: 19.242015 Q1: 19.892015 Q2: 19.892015 Q3: 20.262015 Q4: 20.022016 Q1: 19.372016 Q2: 17.922016 Q3: 18.092016 Q4: 17.202017 Q1: 17.792017 Q2: 18.472017 Q3: 17.192017 Q4: 18.762018 Q1: 15.692018 Q2: 14.042018 Q3: 13.822018 Q4: 10.672019 Q1: 14.012019 Q2: 13.232019 Q3: 14.482019 Q4: 18.432020 Q1: 13.042020 Q2: 20.542020 Q3: 20.472020 Q4: 16.882021 Q1: 16.522021 Q2: 15.442021 Q3: 14.712021 Q4: 16.782022 Q1: 13.012022 Q2: 11.372022 Q3: 11.322022 Q4: 13.622023 Q1: 14.822023 Q2: 15.552023 Q3: 14.312023 Q4: 16.742024 Q1: 17.742024 Q2: 15.972024 Q3: 18.52

Divergence watch ⚑

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

  • 2014 Q4 tone ↓ -3.2 fwd EPS ↑ +0.04 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q3 tone ↓ -5.0 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q2 tone ↓ -3.7 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q3 tone ↓ -3.8 fwd EPS ↑ +0.10 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q1 tone ↓ -7.6 fwd EPS ↑ +0.41 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q3 tone ↓ -4.8 fwd EPS ↑ +0.10 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q4 tone ↑ +2.9 fwd EPS ↓ -0.06 Tone rose while the forward EPS estimate was cut.
  • 2020 Q2 tone ↑ +6.4 fwd EPS ↓ -0.22 Tone rose while the forward EPS estimate was cut.
  • 2022 Q2 tone ↓ -7.1 fwd EPS ↑ +0.17 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q1 tone ↑ +2.0 fwd EPS ↓ -0.30 Tone rose while the forward EPS estimate was cut.
  • 2023 Q3 tone ↓ -2.0 fwd EPS ↑ +0.32 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↓ -9.6 fwd EPS ↑ +0.27 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q3 tone ↓ -2.9 fwd EPS ↑ +0.07 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-04-23+7.7——View →
2024 Q42025-02-11+10.7——View →
2024 Q32024-10-29+8.9$4.4118.5View →
2024 Q22024-07-25+11.8$4.3416.0View →
2024 Q12024-04-24+6.2$4.2317.7View →
2023 Q42024-02-08+15.7$3.9616.7View →
2023 Q32023-10-26+8.7$3.8814.3View →
2023 Q22023-07-27+10.8$3.5615.6View →