Subtext

ON Semiconductor Corporation ON

SectorInformation Technology
Transcripts21
Date range2020-05-11 – 2025-05-05
Calls charted20

Sentiment timeline

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

-12-6+0+6+122020 Q12021 Q12021 Q42022 Q32023 Q22024 Q12024 Q42020 Q1 · Overall: -3.52020 Q2 · Overall: +4.92020 Q3 · Overall: +1.62021 Q1 · Overall: +6.32021 Q2 · Overall: +1.62021 Q3 · Overall: +7.42021 Q4 · Overall: +7.92022 Q1 · Overall: +7.42022 Q2 · Overall: +4.42022 Q3 · Overall: +0.02022 Q4 · Overall: +6.32023 Q1 · Overall: +8.12023 Q2 · Overall: +10.12023 Q3 · Overall: +0.72023 Q4 · Overall: +4.12024 Q1 · Overall: -0.82024 Q2 · Overall: +4.22024 Q3 · Overall: +4.12024 Q4 · Overall: -3.62025 Q1 · Overall: -1.6
Overall

CEO vs CFO

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

-22-11+0+11+222020 Q12021 Q12021 Q42022 Q32023 Q22024 Q12024 Q42020 Q1 · CEO: +0.52020 Q2 · CEO: +14.72020 Q3 · CEO: +9.82021 Q1 · CEO: +9.42021 Q2 · CEO: -1.62021 Q3 · CEO: +9.02021 Q4 · CEO: +10.12022 Q1 · CEO: +13.02022 Q2 · CEO: +5.62022 Q3 · CEO: +6.72022 Q4 · CEO: +15.92023 Q1 · CEO: +13.82023 Q2 · CEO: +19.32023 Q3 · CEO: +10.02023 Q4 · CEO: +11.52024 Q1 · CEO: +5.42024 Q2 · CEO: +9.72024 Q3 · CEO: +10.02024 Q4 · CEO: +5.22025 Q1 · CEO: +4.62020 Q1 · CFO: -6.52020 Q2 · CFO: +3.42020 Q3 · CFO: -1.72021 Q1 · CFO: +15.62021 Q2 · CFO: +12.52021 Q3 · CFO: +17.42021 Q4 · CFO: +12.02022 Q1 · CFO: +7.62022 Q2 · CFO: +11.62022 Q3 · CFO: -1.72022 Q4 · CFO: +4.42023 Q1 · CFO: +10.52023 Q2 · CFO: +8.42023 Q3 · CFO: +2.82023 Q4 · CFO: +2.02024 Q1 · CFO: +6.42024 Q2 · CFO: +4.22024 Q3 · CFO: +9.02024 Q4 · CFO: -3.72025 Q1 · CFO: -1.1
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-29-14+0+14+292020 Q12021 Q12021 Q42022 Q32023 Q22024 Q12024 Q42020 Q1 · Prepared remarks: -2.32020 Q2 · Prepared remarks: +9.22020 Q3 · Prepared remarks: +7.52021 Q1 · Prepared remarks: +18.92021 Q2 · Prepared remarks: +16.82021 Q3 · Prepared remarks: +14.22021 Q4 · Prepared remarks: +14.32022 Q1 · Prepared remarks: +17.32022 Q2 · Prepared remarks: +13.92022 Q3 · Prepared remarks: +3.12022 Q4 · Prepared remarks: +7.92023 Q1 · Prepared remarks: +12.32023 Q2 · Prepared remarks: +16.82023 Q3 · Prepared remarks: +10.72023 Q4 · Prepared remarks: +14.72024 Q1 · Prepared remarks: +25.02024 Q2 · Prepared remarks: +13.22024 Q3 · Prepared remarks: +12.42024 Q4 · Prepared remarks: -0.72025 Q1 · Prepared remarks: +3.22020 Q1 · Q&A responses: -2.02020 Q2 · Q&A responses: +11.02020 Q3 · Q&A responses: +1.52021 Q1 · Q&A responses: +8.42021 Q2 · Q&A responses: +0.22021 Q3 · Q&A responses: +8.92021 Q4 · Q&A responses: +7.72022 Q1 · Q&A responses: +2.82022 Q2 · Q&A responses: +1.42022 Q3 · Q&A responses: +2.42022 Q4 · Q&A responses: +12.32023 Q1 · Q&A responses: +11.72023 Q2 · Q&A responses: +10.42023 Q3 · Q&A responses: +3.52023 Q4 · Q&A responses: +3.12024 Q1 · Q&A responses: +3.02024 Q2 · Q&A responses: +3.62024 Q3 · Q&A responses: +7.22024 Q4 · Q&A responses: +3.82025 Q1 · Q&A responses: +1.8
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

$0.50$3.23$5.952020 Q12021 Q12021 Q42022 Q32023 Q22024 Q12024 Q42020 Q1: $1.322020 Q2: $0.882020 Q3: $1.162021 Q1: $1.702021 Q2: $2.102021 Q3: $2.672021 Q4: $3.262022 Q1: $4.262022 Q2: $4.922022 Q3: $4.962022 Q4: $4.522023 Q1: $4.602023 Q2: $5.122023 Q3: $5.582023 Q4: $4.792024 Q1: $4.502024 Q2: $4.392024 Q3: $4.55

Forward P/E

4.9615.4926.022020 Q12021 Q12021 Q42022 Q32023 Q22024 Q12024 Q42020 Q1: 6.412020 Q2: 22.492020 Q3: 19.052021 Q1: 24.572021 Q2: 17.802021 Q3: 18.412021 Q4: 20.022022 Q1: 14.122022 Q2: 11.812022 Q3: 13.822022 Q4: 14.952023 Q1: 16.952023 Q2: 18.112023 Q3: 17.372023 Q4: 16.922024 Q1: 17.752024 Q2: 16.092024 Q3: 15.53

Divergence watch ⚑

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

  • 2020 Q2 tone ↑ +8.4 fwd EPS ↓ -0.44 Tone rose while the forward EPS estimate was cut.
  • 2020 Q3 tone ↓ -3.3 fwd EPS ↑ +0.28 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q2 tone ↓ -4.7 fwd EPS ↑ +0.39 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q2 tone ↓ -3.1 fwd EPS ↑ +0.66 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q4 tone ↑ +6.3 fwd EPS ↓ -0.44 Tone rose while the forward EPS estimate was cut.
  • 2023 Q3 tone ↓ -9.4 fwd EPS ↑ +0.46 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q4 tone ↑ +3.4 fwd EPS ↓ -0.79 Tone rose while the forward EPS estimate was cut.
  • 2024 Q2 tone ↑ +5.0 fwd EPS ↓ -0.11 Tone rose while the forward EPS estimate was cut.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-05-05-1.6——View →
2024 Q42025-02-10-3.6——View →
2024 Q32024-10-28+4.1$4.5515.5View →
2024 Q22024-07-29+4.2$4.3916.1View →
2024 Q12024-04-29-0.8$4.5017.8View →
2023 Q42024-02-05+4.1$4.7916.9View →
2023 Q32023-10-30+0.7$5.5817.4View →
2023 Q22023-07-31+10.1$5.1218.1View →