Subtext

Moody's Corporation MCO

SectorFinancials
Transcripts71
Date range2007-10-25 – 2025-04-22
Calls charted71

Sentiment timeline

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

-13-7+0+7+132007 Q32009 Q42012 Q12014 Q22016 Q32018 Q42021 Q12023 Q22007 Q3 · Overall: -4.72007 Q4 · Overall: -4.52008 Q1 · Overall: -2.12008 Q2 · Overall: -2.32008 Q3 · Overall: -9.02008 Q4 · Overall: -5.42009 Q1 · Overall: -6.82009 Q2 · Overall: -1.82009 Q3 · Overall: -4.12009 Q4 · Overall: +0.72010 Q1 · Overall: +1.02010 Q2 · Overall: -3.52010 Q3 · Overall: -1.42010 Q4 · Overall: +5.62011 Q1 · Overall: +4.32011 Q2 · Overall: +1.92011 Q3 · Overall: -0.12011 Q4 · Overall: +0.52012 Q1 · Overall: -1.12012 Q2 · Overall: +0.82012 Q3 · Overall: +3.52012 Q4 · Overall: +1.02013 Q1 · Overall: -0.52013 Q2 · Overall: +4.22013 Q3 · Overall: +1.42013 Q4 · Overall: +4.92014 Q1 · Overall: +4.42014 Q2 · Overall: +3.22014 Q3 · Overall: +4.72014 Q4 · Overall: +6.02015 Q1 · Overall: +3.02015 Q2 · Overall: -0.12015 Q3 · Overall: +2.32015 Q4 · Overall: -0.42016 Q1 · Overall: +0.62016 Q2 · Overall: +2.22016 Q3 · Overall: +0.02016 Q4 · Overall: +4.22017 Q1 · Overall: +5.32017 Q2 · Overall: +6.62017 Q3 · Overall: +4.12017 Q4 · Overall: +7.42018 Q1 · Overall: +4.32018 Q2 · Overall: +5.92018 Q3 · Overall: +2.32018 Q4 · Overall: +3.52019 Q1 · Overall: +6.62019 Q2 · Overall: +3.22019 Q3 · Overall: +7.62019 Q4 · Overall: +8.72020 Q1 · Overall: -1.82020 Q2 · Overall: +3.32020 Q3 · Overall: +9.62020 Q4 · Overall: +8.82021 Q1 · Overall: +9.52021 Q2 · Overall: +6.82021 Q3 · Overall: +9.62021 Q4 · Overall: +8.32022 Q1 · Overall: -0.52022 Q2 · Overall: -2.22022 Q3 · Overall: -3.42022 Q4 · Overall: +2.12023 Q1 · Overall: +3.22023 Q2 · Overall: +8.82023 Q3 · Overall: +4.52023 Q4 · Overall: +9.92024 Q1 · Overall: +6.22024 Q2 · Overall: +11.52024 Q3 · Overall: +7.72024 Q4 · Overall: +9.02025 Q1 · Overall: +3.3
Overall

CEO vs CFO

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

-21-11+0+11+212007 Q32009 Q42012 Q12014 Q22016 Q32018 Q42021 Q12023 Q22008 Q3 · CEO: -13.32008 Q4 · CEO: -5.62009 Q1 · CEO: -5.12009 Q2 · CEO: +2.12009 Q3 · CEO: +0.72009 Q4 · CEO: +4.32010 Q1 · CEO: +2.22010 Q2 · CEO: -3.02010 Q3 · CEO: +0.42010 Q4 · CEO: +10.32011 Q2 · CEO: +1.92011 Q3 · CEO: +4.82011 Q4 · CEO: +3.12012 Q1 · CEO: -1.82012 Q2 · CEO: +4.32012 Q3 · CEO: +8.52012 Q4 · CEO: -0.92013 Q1 · CEO: -5.92013 Q2 · CEO: +2.52013 Q3 · CEO: +5.02013 Q4 · CEO: +5.22014 Q1 · CEO: +4.22014 Q2 · CEO: +4.72014 Q3 · CEO: +8.22014 Q4 · CEO: +6.42015 Q1 · CEO: +6.72015 Q2 · CEO: +5.02015 Q3 · CEO: +4.12015 Q4 · CEO: +0.92016 Q1 · CEO: +2.52016 Q3 · CEO: -3.52017 Q2 · CEO: +6.82017 Q3 · CEO: +8.52018 Q1 · CEO: +12.32018 Q2 · CEO: +6.82018 Q3 · CEO: +4.22018 Q4 · CEO: +9.42019 Q1 · CEO: +16.52019 Q2 · CEO: +4.32019 Q3 · CEO: +9.62019 Q4 · CEO: +14.12020 Q1 · CEO: -2.62020 Q2 · CEO: +8.62020 Q3 · CEO: +18.42020 Q4 · CEO: +11.22021 Q1 · CEO: +17.02021 Q2 · CEO: +9.72021 Q3 · CEO: +13.32021 Q4 · CEO: +14.32022 Q1 · CEO: +0.02022 Q2 · CEO: +1.72022 Q3 · CEO: +2.12022 Q4 · CEO: +7.92023 Q1 · CEO: +7.92023 Q2 · CEO: +13.52023 Q3 · CEO: +9.72007 Q3 · CFO: -10.62007 Q4 · CFO: -7.42008 Q1 · CFO: -8.82008 Q2 · CFO: -5.02008 Q3 · CFO: +2.42008 Q4 · CFO: -5.42009 Q1 · CFO: -6.82009 Q2 · CFO: -3.42009 Q3 · CFO: -4.92009 Q4 · CFO: -1.62010 Q1 · CFO: +5.22010 Q2 · CFO: -3.22010 Q3 · CFO: +0.92010 Q4 · CFO: +4.52011 Q1 · CFO: +4.92011 Q2 · CFO: +3.42011 Q3 · CFO: -1.92011 Q4 · CFO: -0.92012 Q1 · CFO: +1.12012 Q2 · CFO: -3.32012 Q3 · CFO: +1.42012 Q4 · CFO: +8.12013 Q1 · CFO: +3.02013 Q2 · CFO: +6.32013 Q3 · CFO: -1.92013 Q4 · CFO: +2.42014 Q1 · CFO: +2.22014 Q2 · CFO: +4.42014 Q3 · CFO: +6.82014 Q4 · CFO: +7.12015 Q1 · CFO: +4.12015 Q2 · CFO: -4.22015 Q3 · CFO: +2.62015 Q4 · CFO: -0.72016 Q1 · CFO: +0.52016 Q2 · CFO: -10.22016 Q3 · CFO: +4.72016 Q4 · CFO: +5.92017 Q1 · CFO: +5.52017 Q2 · CFO: -3.02017 Q3 · CFO: +0.72017 Q4 · CFO: +4.72018 Q3 · CFO: +5.42018 Q4 · CFO: +12.02019 Q1 · CFO: +8.02019 Q2 · CFO: +4.22019 Q3 · CFO: +7.72019 Q4 · CFO: +11.62020 Q1 · CFO: +4.02020 Q2 · CFO: +3.22020 Q3 · CFO: +4.32020 Q4 · CFO: +8.62021 Q1 · CFO: +7.72021 Q2 · CFO: +9.62021 Q3 · CFO: +8.32021 Q4 · CFO: +8.32022 Q1 · CFO: -1.22022 Q2 · CFO: -5.42022 Q3 · CFO: -4.12022 Q4 · CFO: +1.02023 Q1 · CFO: +3.52023 Q2 · CFO: +4.82023 Q3 · CFO: -14.22023 Q4 · CFO: +7.9
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-26-13+0+13+262007 Q32009 Q42012 Q12014 Q22016 Q32018 Q42021 Q12023 Q22007 Q3 · Prepared remarks: -4.52007 Q4 · Prepared remarks: -4.72008 Q1 · Prepared remarks: -1.72008 Q2 · Prepared remarks: +0.02008 Q3 · Prepared remarks: -7.12008 Q4 · Prepared remarks: -5.42009 Q1 · Prepared remarks: -9.22009 Q2 · Prepared remarks: -1.62009 Q3 · Prepared remarks: -3.92009 Q4 · Prepared remarks: +1.02010 Q1 · Prepared remarks: +1.82010 Q2 · Prepared remarks: -6.82010 Q3 · Prepared remarks: +3.32010 Q4 · Prepared remarks: +9.12011 Q1 · Prepared remarks: +6.12011 Q2 · Prepared remarks: +2.42011 Q3 · Prepared remarks: +0.02011 Q4 · Prepared remarks: +1.32012 Q1 · Prepared remarks: +1.72012 Q2 · Prepared remarks: +1.22012 Q3 · Prepared remarks: +9.92012 Q4 · Prepared remarks: +1.52013 Q1 · Prepared remarks: -3.42013 Q2 · Prepared remarks: +4.42013 Q3 · Prepared remarks: -3.12013 Q4 · Prepared remarks: -2.62014 Q1 · Prepared remarks: +4.92014 Q2 · Prepared remarks: +0.92014 Q3 · Prepared remarks: +6.82014 Q4 · Prepared remarks: +6.12015 Q1 · Prepared remarks: +2.22015 Q2 · Prepared remarks: -1.02015 Q3 · Prepared remarks: +2.32015 Q4 · Prepared remarks: +2.32016 Q1 · Prepared remarks: -1.32016 Q2 · Prepared remarks: +2.12016 Q3 · Prepared remarks: -6.42016 Q4 · Prepared remarks: +4.52017 Q1 · Prepared remarks: +1.62017 Q2 · Prepared remarks: +8.52017 Q3 · Prepared remarks: +4.32017 Q4 · Prepared remarks: +10.22018 Q1 · Prepared remarks: +6.92018 Q2 · Prepared remarks: +6.02018 Q3 · Prepared remarks: +6.82018 Q4 · Prepared remarks: +9.52019 Q1 · Prepared remarks: +12.42019 Q2 · Prepared remarks: +7.42019 Q3 · Prepared remarks: +11.82019 Q4 · Prepared remarks: +16.52020 Q1 · Prepared remarks: +0.82020 Q2 · Prepared remarks: +7.42020 Q3 · Prepared remarks: +10.92020 Q4 · Prepared remarks: +11.12021 Q1 · Prepared remarks: +16.72021 Q2 · Prepared remarks: +13.52021 Q3 · Prepared remarks: +17.62021 Q4 · Prepared remarks: +14.82022 Q1 · Prepared remarks: +1.12022 Q2 · Prepared remarks: -8.42022 Q3 · Prepared remarks: +2.22022 Q4 · Prepared remarks: +16.32023 Q1 · Prepared remarks: +7.02023 Q2 · Prepared remarks: +18.72023 Q3 · Prepared remarks: +17.32023 Q4 · Prepared remarks: +19.92024 Q1 · Prepared remarks: +21.92024 Q2 · Prepared remarks: +22.72024 Q3 · Prepared remarks: +14.12024 Q4 · Prepared remarks: +14.12025 Q1 · Prepared remarks: +10.02007 Q4 · Q&A responses: +10.42008 Q1 · Q&A responses: +7.42008 Q2 · Q&A responses: -3.02008 Q3 · Q&A responses: -8.22009 Q1 · Q&A responses: -0.82010 Q1 · Q&A responses: +5.02010 Q2 · Q&A responses: +6.12010 Q3 · Q&A responses: -1.52010 Q4 · Q&A responses: +7.52011 Q1 · Q&A responses: +4.52011 Q2 · Q&A responses: +0.02011 Q3 · Q&A responses: +1.32011 Q4 · Q&A responses: -0.92012 Q1 · Q&A responses: -4.72012 Q3 · Q&A responses: +0.32012 Q4 · Q&A responses: +2.82013 Q1 · Q&A responses: +0.62013 Q3 · Q&A responses: +3.82013 Q4 · Q&A responses: +8.52014 Q2 · Q&A responses: +4.62014 Q3 · Q&A responses: +6.62015 Q1 · Q&A responses: +4.02015 Q2 · Q&A responses: +6.62015 Q3 · Q&A responses: +2.62015 Q4 · Q&A responses: +1.12016 Q1 · Q&A responses: +1.42016 Q2 · Q&A responses: +2.82016 Q3 · Q&A responses: +5.92017 Q1 · Q&A responses: +9.82017 Q2 · Q&A responses: +5.72017 Q4 · Q&A responses: +7.22018 Q1 · Q&A responses: +8.82018 Q2 · Q&A responses: +8.72018 Q3 · Q&A responses: +5.62018 Q4 · Q&A responses: +0.02019 Q1 · Q&A responses: +7.52019 Q2 · Q&A responses: +1.32019 Q3 · Q&A responses: +7.32019 Q4 · Q&A responses: +8.12020 Q1 · Q&A responses: -2.22020 Q2 · Q&A responses: +2.62020 Q3 · Q&A responses: +9.22020 Q4 · Q&A responses: +5.92021 Q1 · Q&A responses: +10.62021 Q2 · Q&A responses: +7.12021 Q3 · Q&A responses: +8.32021 Q4 · Q&A responses: +9.72022 Q1 · Q&A responses: -4.02022 Q2 · Q&A responses: +0.82022 Q3 · Q&A responses: -0.62022 Q4 · Q&A responses: +2.42023 Q1 · Q&A responses: +6.12023 Q2 · Q&A responses: +7.82023 Q3 · Q&A responses: +3.52023 Q4 · Q&A responses: +8.32024 Q1 · Q&A responses: +6.72024 Q2 · Q&A responses: +11.92024 Q3 · Q&A responses: +8.42024 Q4 · Q&A responses: +11.32025 Q1 · Q&A responses: +3.4
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

$3.42$8.38$13.332007 Q32009 Q42012 Q12014 Q22016 Q32018 Q42021 Q12023 Q22014 Q1: $4.102014 Q2: $4.232014 Q3: $4.392014 Q4: $4.622015 Q1: $4.762015 Q2: $4.912015 Q3: $5.102015 Q4: $5.122016 Q1: $4.942016 Q2: $4.892016 Q3: $5.002016 Q4: $5.122017 Q1: $5.362017 Q2: $5.562017 Q3: $6.102017 Q4: $6.552018 Q1: $7.962018 Q2: $8.202018 Q3: $8.412018 Q4: $8.152019 Q1: $8.182019 Q2: $8.412019 Q3: $8.652019 Q4: $9.072020 Q1: $9.282020 Q2: $8.912020 Q3: $9.672020 Q4: $10.322021 Q1: $10.862021 Q2: $11.782021 Q3: $12.272021 Q4: $12.652022 Q1: $12.472022 Q2: $11.462022 Q3: $10.672022 Q4: $9.362023 Q1: $9.722023 Q2: $10.552023 Q3: $11.092023 Q4: $11.152024 Q1: $11.042024 Q2: $11.602024 Q3: $12.45

Forward P/E

15.3828.0240.662007 Q32009 Q42012 Q12014 Q22016 Q32018 Q42021 Q12023 Q22014 Q1: 19.912014 Q2: 20.452014 Q3: 21.702014 Q4: 20.922015 Q1: 21.602015 Q2: 22.082015 Q3: 20.182015 Q4: 19.402016 Q1: 19.182016 Q2: 20.092016 Q3: 21.492016 Q4: 19.032017 Q1: 21.052017 Q2: 21.582017 Q3: 22.182017 Q4: 22.932018 Q1: 20.952018 Q2: 21.582018 Q3: 21.142018 Q4: 17.122019 Q1: 21.232019 Q2: 23.312019 Q3: 25.042019 Q4: 26.072020 Q1: 18.792020 Q2: 30.852020 Q3: 29.652020 Q4: 27.192021 Q1: 26.982021 Q2: 29.452021 Q3: 30.962021 Q4: 31.442022 Q1: 25.242022 Q2: 22.892022 Q3: 26.822022 Q4: 31.802023 Q1: 30.112023 Q2: 32.292023 Q3: 30.952023 Q4: 35.052024 Q1: 35.252024 Q2: 36.212024 Q3: 38.92

Divergence watch ⚑

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

  • 2015 Q1 tone ↓ -3.0 fwd EPS ↑ +0.14 Tone cooled even as the forward EPS estimate rose.
  • 2015 Q2 tone ↓ -3.2 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q3 tone ↓ -2.2 fwd EPS ↑ +0.10 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q3 tone ↓ -2.5 fwd EPS ↑ +0.54 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q1 tone ↓ -3.1 fwd EPS ↑ +1.41 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q3 tone ↓ -3.6 fwd EPS ↑ +0.22 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q2 tone ↓ -3.4 fwd EPS ↑ +0.23 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q1 tone ↓ -10.6 fwd EPS ↑ +0.21 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q2 tone ↑ +5.1 fwd EPS ↓ -0.36 Tone rose while the forward EPS estimate was cut.
  • 2021 Q2 tone ↓ -2.6 fwd EPS ↑ +0.92 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q4 tone ↑ +5.5 fwd EPS ↓ -1.31 Tone rose while the forward EPS estimate was cut.
  • 2023 Q3 tone ↓ -4.3 fwd EPS ↑ +0.54 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q3 tone ↓ -3.8 fwd EPS ↑ +0.85 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-04-22+3.3——View →
2024 Q42025-02-13+9.0——View →
2024 Q32024-10-22+7.7$12.4538.9View →
2024 Q22024-07-23+11.5$11.6036.2View →
2024 Q12024-05-02+6.2$11.0435.2View →
2023 Q42024-02-13+9.9$11.1535.0View →
2023 Q32023-10-25+4.5$11.0930.9View →
2023 Q22023-07-25+8.8$10.5532.3View →