Subtext

Nordson Corporation NDSN

SectorIndustrials
Transcripts21
Date range2020-02-20 – 2025-02-20
Calls charted21

Sentiment timeline

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

-22-11+0+11+222020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32020 Q1 · Overall: +10.82020 Q2 · Overall: +9.82020 Q3 · Overall: +11.82020 Q4 · Overall: +15.92021 Q1 · Overall: +19.32021 Q2 · Overall: +19.42021 Q3 · Overall: +16.42021 Q4 · Overall: +12.42022 Q1 · Overall: +4.82022 Q2 · Overall: +13.72022 Q3 · Overall: +12.62022 Q4 · Overall: +8.12023 Q1 · Overall: +8.92023 Q2 · Overall: +13.22023 Q3 · Overall: +8.82023 Q4 · Overall: +17.12024 Q1 · Overall: +10.12024 Q2 · Overall: +7.62024 Q3 · Overall: +11.02024 Q4 · Overall: +10.72025 Q1 · Overall: +9.6
Overall

CEO vs CFO

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

-38-19+0+19+382020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32020 Q1 · CEO: +29.02020 Q2 · CEO: +16.72020 Q3 · CEO: +14.92020 Q4 · CEO: +21.42021 Q1 · CEO: +30.22021 Q2 · CEO: +33.02021 Q3 · CEO: +25.12021 Q4 · CEO: +22.92022 Q2 · CEO: +13.52022 Q3 · CEO: +24.62022 Q4 · CEO: +15.52023 Q1 · CEO: +16.72023 Q2 · CEO: +24.12023 Q3 · CEO: +15.02023 Q4 · CEO: +24.22024 Q1 · CEO: +13.52024 Q2 · CEO: +9.12024 Q3 · CEO: +14.22024 Q4 · CEO: +15.72025 Q1 · CEO: +17.82020 Q1 · CFO: -7.42020 Q2 · CFO: -1.82020 Q3 · CFO: +8.92020 Q4 · CFO: +14.92021 Q1 · CFO: +17.12021 Q2 · CFO: +21.62021 Q3 · CFO: +13.62021 Q4 · CFO: +9.52022 Q1 · CFO: +13.92022 Q2 · CFO: +20.22022 Q3 · CFO: +6.02022 Q4 · CFO: +7.52023 Q1 · CFO: +0.82023 Q2 · CFO: +9.32023 Q3 · CFO: +9.02023 Q4 · CFO: -2.12024 Q1 · CFO: +13.52024 Q3 · CFO: +12.42024 Q4 · CFO: +10.32025 Q1 · CFO: +9.5
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-42-21+0+21+422020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32020 Q1 · Prepared remarks: +9.62020 Q2 · Prepared remarks: +11.42020 Q3 · Prepared remarks: +16.92020 Q4 · Prepared remarks: +32.02021 Q1 · Prepared remarks: +32.22021 Q2 · Prepared remarks: +24.62021 Q3 · Prepared remarks: +22.52021 Q4 · Prepared remarks: +23.02022 Q1 · Prepared remarks: +22.52022 Q2 · Prepared remarks: +17.92022 Q3 · Prepared remarks: +14.62022 Q4 · Prepared remarks: +8.62023 Q1 · Prepared remarks: +7.22023 Q2 · Prepared remarks: +13.42023 Q3 · Prepared remarks: +16.42023 Q4 · Prepared remarks: +22.72024 Q1 · Prepared remarks: +19.82024 Q2 · Prepared remarks: +9.82024 Q3 · Prepared remarks: +11.02024 Q4 · Prepared remarks: +16.82025 Q1 · Prepared remarks: +16.02020 Q1 · Q&A responses: +20.72020 Q2 · Q&A responses: +11.42020 Q3 · Q&A responses: +11.62020 Q4 · Q&A responses: +17.72021 Q1 · Q&A responses: +22.32021 Q2 · Q&A responses: +36.62021 Q3 · Q&A responses: +18.22021 Q4 · Q&A responses: +11.02022 Q1 · Q&A responses: -0.52022 Q2 · Q&A responses: +14.72022 Q3 · Q&A responses: +16.92022 Q4 · Q&A responses: +13.42023 Q1 · Q&A responses: +10.92023 Q2 · Q&A responses: +18.32023 Q3 · Q&A responses: +7.22023 Q4 · Q&A responses: +16.42024 Q1 · Q&A responses: +5.52024 Q2 · Q&A responses: +12.12024 Q3 · Q&A responses: +14.82024 Q4 · Q&A responses: +9.52025 Q1 · Q&A responses: +11.0
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

$5.60$8.31$11.022020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32020 Q1: $6.492020 Q2: $5.972020 Q3: $6.342020 Q4: $6.572021 Q1: $6.932021 Q2: $8.062021 Q3: $8.852021 Q4: $8.992022 Q1: $9.372022 Q2: $9.742022 Q3: $9.902022 Q4: $9.852023 Q1: $9.332023 Q2: $9.562023 Q3: $9.502023 Q4: $10.072024 Q1: $10.652024 Q2: $10.132024 Q3: $10.162024 Q4: $10.23

Forward P/E

14.7224.2733.822020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32020 Q1: 16.042020 Q2: 32.502020 Q3: 31.282020 Q4: 29.542021 Q1: 29.692021 Q2: 27.222021 Q3: 27.542021 Q4: 29.922022 Q1: 23.792022 Q2: 20.712022 Q3: 22.902022 Q4: 23.962023 Q1: 22.122023 Q2: 24.462023 Q3: 24.342023 Q4: 23.902024 Q1: 24.882024 Q2: 22.922024 Q3: 25.152024 Q4: 20.81

Divergence watch ⚑

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

  • 2021 Q3 tone ↓ -3.0 fwd EPS ↑ +0.79 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q4 tone ↓ -4.0 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q1 tone ↓ -7.6 fwd EPS ↑ +0.37 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↓ -7.0 fwd EPS ↑ +0.58 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-02-20+9.6——View →
2024 Q42024-12-12+10.7$10.2320.8View →
2024 Q32024-08-22+11.0$10.1625.1View →
2024 Q22024-05-24+7.6$10.1322.9View →
2024 Q12024-02-22+10.1$10.6524.9View →
2023 Q42023-12-14+17.1$10.0723.9View →
2023 Q32023-08-22+8.8$9.5024.3View →
2023 Q22023-05-23+13.2$9.5624.5View →