Subtext

Oracle Corporation ORCL

SectorInformation Technology
Transcripts75
Date range2005-12-19 – 2025-03-10
Calls charted75

Sentiment timeline

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

-16-8+0+8+162006 Q22008 Q42011 Q22014 Q32017 Q12019 Q32022 Q12024 Q32006 Q2 · Overall: +6.72006 Q3 · Overall: +6.02006 Q4 · Overall: +5.62007 Q1 · Overall: +7.02007 Q2 · Overall: +5.72007 Q3 · Overall: +9.22007 Q4 · Overall: +5.42008 Q1 · Overall: +4.42008 Q2 · Overall: +5.52008 Q3 · Overall: +6.42008 Q4 · Overall: +11.62009 Q1 · Overall: +8.32009 Q2 · Overall: +4.62009 Q3 · Overall: +5.22009 Q4 · Overall: +5.22010 Q1 · Overall: +6.42010 Q2 · Overall: +4.32010 Q3 · Overall: +2.62010 Q4 · Overall: +3.02011 Q1 · Overall: +14.02011 Q2 · Overall: +12.62012 Q1 · Overall: +8.72012 Q3 · Overall: +0.22012 Q4 · Overall: +6.42013 Q1 · Overall: +2.22013 Q2 · Overall: +10.42013 Q3 · Overall: +1.22013 Q4 · Overall: +1.32014 Q1 · Overall: +7.52014 Q2 · Overall: +6.42014 Q3 · Overall: +12.92014 Q4 · Overall: +5.52015 Q1 · Overall: +1.12015 Q2 · Overall: +3.92015 Q3 · Overall: +4.52015 Q4 · Overall: +3.72016 Q1 · Overall: +2.52016 Q2 · Overall: +8.22016 Q3 · Overall: +6.22016 Q4 · Overall: +6.72017 Q1 · Overall: +6.72017 Q2 · Overall: +3.42017 Q3 · Overall: +0.02017 Q4 · Overall: +0.02018 Q1 · Overall: +3.22018 Q2 · Overall: +3.62018 Q3 · Overall: -0.62018 Q4 · Overall: +2.32019 Q1 · Overall: +3.22019 Q2 · Overall: +6.22019 Q3 · Overall: +1.22019 Q4 · Overall: +2.22020 Q1 · Overall: -1.22020 Q2 · Overall: +3.52020 Q3 · Overall: +3.42020 Q4 · Overall: +8.62021 Q1 · Overall: +6.52021 Q2 · Overall: +8.02021 Q3 · Overall: +2.92021 Q4 · Overall: +6.32022 Q1 · Overall: +2.82022 Q2 · Overall: +3.72022 Q3 · Overall: +11.32022 Q4 · Overall: +7.22023 Q1 · Overall: +2.92023 Q2 · Overall: +5.42023 Q3 · Overall: +6.42023 Q4 · Overall: +9.62024 Q1 · Overall: +6.62024 Q2 · Overall: +2.82024 Q3 · Overall: +6.12024 Q4 · Overall: +2.72025 Q1 · Overall: +5.22025 Q2 · Overall: +7.52025 Q3 · Overall: +2.9
Overall

CEO vs CFO

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

-28-14+0+14+282006 Q22008 Q42011 Q22014 Q32017 Q12019 Q32022 Q12024 Q32006 Q3 · CEO: +11.92006 Q4 · CEO: +17.52007 Q1 · CEO: +10.62007 Q2 · CEO: +16.92007 Q3 · CEO: +13.62007 Q4 · CEO: +7.12008 Q1 · CEO: +1.02008 Q2 · CEO: +2.42008 Q3 · CEO: +20.42008 Q4 · CEO: +18.52009 Q1 · CEO: +11.52009 Q2 · CEO: +15.32009 Q3 · CEO: +2.22009 Q4 · CEO: +6.02010 Q1 · CEO: +7.72010 Q2 · CEO: +4.02010 Q3 · CEO: -4.52010 Q4 · CEO: +3.92011 Q1 · CEO: +24.22012 Q1 · CEO: +0.72012 Q3 · CEO: -3.42012 Q4 · CEO: +14.12013 Q1 · CEO: +0.02013 Q2 · CEO: +20.12013 Q3 · CEO: +2.72014 Q2 · CEO: +9.52014 Q4 · CEO: +2.62015 Q1 · CEO: +1.42015 Q2 · CEO: +6.12015 Q3 · CEO: +9.12015 Q4 · CEO: +6.22016 Q1 · CEO: +4.52016 Q2 · CEO: +13.02016 Q3 · CEO: +9.12016 Q4 · CEO: +9.22017 Q1 · CEO: +9.72017 Q2 · CEO: +7.92017 Q3 · CEO: +0.32017 Q4 · CEO: +2.52018 Q1 · CEO: +3.02018 Q2 · CEO: +5.72018 Q3 · CEO: +0.72019 Q1 · CEO: +5.72020 Q1 · CEO: -1.22020 Q2 · CEO: +8.52020 Q3 · CEO: +10.32020 Q4 · CEO: +4.62021 Q1 · CEO: +7.82021 Q2 · CEO: +10.92021 Q3 · CEO: +13.12021 Q4 · CEO: +9.42022 Q1 · CEO: +9.22022 Q2 · CEO: +9.02022 Q3 · CEO: +6.82022 Q4 · CEO: +7.82023 Q1 · CEO: +7.22023 Q2 · CEO: +7.82023 Q3 · CEO: +8.52023 Q4 · CEO: +11.52024 Q1 · CEO: +9.92024 Q2 · CEO: +6.32024 Q3 · CEO: +7.52024 Q4 · CEO: +3.62025 Q1 · CEO: +9.72025 Q2 · CEO: +11.92025 Q3 · CEO: +2.62006 Q2 · CFO: +21.12006 Q3 · CFO: +5.42006 Q4 · CFO: +7.02007 Q1 · CFO: +6.82007 Q2 · CFO: +3.62007 Q3 · CFO: +12.32007 Q4 · CFO: +7.52008 Q1 · CFO: +10.92008 Q2 · CFO: +13.42008 Q3 · CFO: +6.32008 Q4 · CFO: +14.32009 Q1 · CFO: +10.82009 Q2 · CFO: +0.02009 Q3 · CFO: +11.32009 Q4 · CFO: +0.82010 Q1 · CFO: +3.52010 Q2 · CFO: +5.62010 Q3 · CFO: +10.72010 Q4 · CFO: -0.92011 Q1 · CFO: +13.12011 Q2 · CFO: +10.32012 Q1 · CFO: +23.92012 Q3 · CFO: +0.02012 Q4 · CFO: +9.82013 Q1 · CFO: +0.02013 Q2 · CFO: +7.22013 Q3 · CFO: +3.82013 Q4 · CFO: -4.62014 Q1 · CFO: +4.22014 Q2 · CFO: +8.32014 Q4 · CFO: +11.9
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-25-13+0+13+252006 Q22008 Q42011 Q22014 Q32017 Q12019 Q32022 Q12024 Q32006 Q2 · Prepared remarks: +6.52006 Q3 · Prepared remarks: +6.72006 Q4 · Prepared remarks: +13.12007 Q1 · Prepared remarks: +8.22007 Q2 · Prepared remarks: +6.52007 Q3 · Prepared remarks: +11.42007 Q4 · Prepared remarks: +9.02008 Q1 · Prepared remarks: +5.42008 Q2 · Prepared remarks: +13.42008 Q3 · Prepared remarks: +7.22008 Q4 · Prepared remarks: +14.32009 Q1 · Prepared remarks: +9.62009 Q2 · Prepared remarks: +8.02009 Q3 · Prepared remarks: +7.82009 Q4 · Prepared remarks: +6.82010 Q1 · Prepared remarks: +3.32010 Q2 · Prepared remarks: +7.72010 Q3 · Prepared remarks: +6.52010 Q4 · Prepared remarks: +6.42011 Q1 · Prepared remarks: +18.82011 Q2 · Prepared remarks: +16.72012 Q1 · Prepared remarks: +6.62012 Q3 · Prepared remarks: +0.32012 Q4 · Prepared remarks: +10.52013 Q1 · Prepared remarks: +0.92013 Q2 · Prepared remarks: +16.42013 Q3 · Prepared remarks: -1.22013 Q4 · Prepared remarks: +2.02014 Q1 · Prepared remarks: +9.22014 Q2 · Prepared remarks: +10.82014 Q3 · Prepared remarks: +14.62014 Q4 · Prepared remarks: -0.82015 Q1 · Prepared remarks: -4.02015 Q2 · Prepared remarks: +3.12015 Q3 · Prepared remarks: +3.62015 Q4 · Prepared remarks: +1.92016 Q1 · Prepared remarks: +2.62016 Q2 · Prepared remarks: +5.02016 Q3 · Prepared remarks: +6.52016 Q4 · Prepared remarks: +2.32017 Q1 · Prepared remarks: +7.22017 Q2 · Prepared remarks: +2.72017 Q3 · Prepared remarks: +1.82017 Q4 · Prepared remarks: +3.02018 Q1 · Prepared remarks: +4.12018 Q2 · Prepared remarks: +4.12018 Q3 · Prepared remarks: +1.62018 Q4 · Prepared remarks: +15.12019 Q1 · Prepared remarks: +21.82019 Q2 · Prepared remarks: +18.72019 Q3 · Prepared remarks: +18.12019 Q4 · Prepared remarks: +16.12020 Q1 · Prepared remarks: -2.82020 Q2 · Prepared remarks: +2.72020 Q3 · Prepared remarks: +3.12020 Q4 · Prepared remarks: +7.12021 Q1 · Prepared remarks: +7.32021 Q2 · Prepared remarks: +9.22021 Q3 · Prepared remarks: +1.82021 Q4 · Prepared remarks: +8.12022 Q1 · Prepared remarks: +8.32022 Q2 · Prepared remarks: +2.02022 Q3 · Prepared remarks: +14.62022 Q4 · Prepared remarks: +8.92023 Q1 · Prepared remarks: +2.82023 Q2 · Prepared remarks: +7.72023 Q3 · Prepared remarks: +7.52023 Q4 · Prepared remarks: +10.92024 Q1 · Prepared remarks: +7.12024 Q2 · Prepared remarks: +4.42024 Q3 · Prepared remarks: +7.52024 Q4 · Prepared remarks: +2.92025 Q1 · Prepared remarks: +10.62025 Q2 · Prepared remarks: +7.52025 Q3 · Prepared remarks: +0.52006 Q3 · Q&A responses: +7.02006 Q4 · Q&A responses: +4.12007 Q1 · Q&A responses: +2.42007 Q2 · Q&A responses: +3.62007 Q3 · Q&A responses: +8.62007 Q4 · Q&A responses: +3.22008 Q1 · Q&A responses: +4.62008 Q2 · Q&A responses: +0.02008 Q3 · Q&A responses: +4.92008 Q4 · Q&A responses: +14.22009 Q1 · Q&A responses: +4.02009 Q2 · Q&A responses: +4.92009 Q3 · Q&A responses: +3.72009 Q4 · Q&A responses: +8.52010 Q1 · Q&A responses: +16.32010 Q2 · Q&A responses: +7.32010 Q3 · Q&A responses: -0.72010 Q4 · Q&A responses: +0.52011 Q1 · Q&A responses: +15.22011 Q2 · Q&A responses: +15.02012 Q1 · Q&A responses: +12.52012 Q4 · Q&A responses: +3.92013 Q1 · Q&A responses: +6.02013 Q2 · Q&A responses: +10.72013 Q3 · Q&A responses: +6.02013 Q4 · Q&A responses: -16.72014 Q1 · Q&A responses: +8.72014 Q2 · Q&A responses: +4.72014 Q3 · Q&A responses: +12.32014 Q4 · Q&A responses: +14.02015 Q1 · Q&A responses: +7.52015 Q2 · Q&A responses: +4.12015 Q3 · Q&A responses: +8.12015 Q4 · Q&A responses: +8.02016 Q1 · Q&A responses: +5.22016 Q2 · Q&A responses: +14.62016 Q3 · Q&A responses: +8.22016 Q4 · Q&A responses: +12.22017 Q1 · Q&A responses: +7.82017 Q2 · Q&A responses: +7.82017 Q3 · Q&A responses: -0.52017 Q4 · Q&A responses: +2.12018 Q1 · Q&A responses: +2.52018 Q2 · Q&A responses: +6.62018 Q3 · Q&A responses: +0.32018 Q4 · Q&A responses: +4.72019 Q1 · Q&A responses: +5.42019 Q2 · Q&A responses: +6.82019 Q3 · Q&A responses: +3.72019 Q4 · Q&A responses: +1.42020 Q1 · Q&A responses: +3.42020 Q2 · Q&A responses: +5.62020 Q3 · Q&A responses: +6.12020 Q4 · Q&A responses: +13.52021 Q1 · Q&A responses: +4.22021 Q2 · Q&A responses: +6.12021 Q3 · Q&A responses: +4.82021 Q4 · Q&A responses: +5.92022 Q1 · Q&A responses: -1.02022 Q2 · Q&A responses: +4.72022 Q3 · Q&A responses: +6.62022 Q4 · Q&A responses: +5.42023 Q1 · Q&A responses: +7.62023 Q2 · Q&A responses: +0.52023 Q3 · Q&A responses: +7.12023 Q4 · Q&A responses: +7.82024 Q1 · Q&A responses: +9.42024 Q2 · Q&A responses: +5.22024 Q3 · Q&A responses: +6.92024 Q4 · Q&A responses: +1.72025 Q1 · Q&A responses: +3.92025 Q2 · Q&A responses: +9.32025 Q3 · Q&A responses: +5.7
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

$2.41$4.70$6.992006 Q22008 Q42011 Q22014 Q32017 Q12019 Q32022 Q12024 Q32014 Q1: $3.132014 Q2: $3.212014 Q3: $3.232014 Q4: $3.122015 Q1: $3.012015 Q2: $2.782015 Q3: $2.732015 Q4: $2.732016 Q1: $2.782016 Q2: $2.822016 Q3: $2.832016 Q4: $2.742017 Q1: $2.812017 Q2: $2.852017 Q3: $3.022017 Q4: $3.072018 Q1: $3.152018 Q2: $3.382018 Q3: $3.472018 Q4: $3.562019 Q1: $3.632019 Q2: $3.882019 Q3: $3.992019 Q4: $4.082020 Q1: $4.162020 Q2: $4.082020 Q3: $4.332020 Q4: $4.562021 Q1: $4.752021 Q2: $4.692021 Q3: $4.842021 Q4: $5.092022 Q1: $5.172022 Q2: $5.322022 Q3: $5.152022 Q4: $5.322023 Q1: $5.492023 Q2: $5.602023 Q3: $5.792023 Q4: $5.952024 Q1: $6.122024 Q2: $6.332024 Q3: $6.582024 Q4: $6.68

Forward P/E

10.2818.1826.092006 Q22008 Q42011 Q22014 Q32017 Q12019 Q32022 Q12024 Q32014 Q1: 12.302014 Q2: 13.332014 Q3: 12.742014 Q4: 13.212015 Q1: 14.642015 Q2: 16.162015 Q3: 14.022015 Q4: 14.262016 Q1: 14.482016 Q2: 13.632016 Q3: 14.242016 Q4: 14.922017 Q1: 15.352017 Q2: 15.722017 Q3: 17.482017 Q4: 16.302018 Q1: 16.622018 Q2: 14.262018 Q3: 14.242018 Q4: 13.062019 Q1: 14.632019 Q2: 13.562019 Q3: 13.172019 Q4: 13.082020 Q1: 11.372020 Q2: 12.622020 Q3: 13.972020 Q4: 13.772021 Q1: 13.942021 Q2: 16.442021 Q3: 18.132021 Q4: 20.382022 Q1: 15.482022 Q2: 13.102022 Q3: 13.992022 Q4: 15.392023 Q1: 15.112023 Q2: 21.822023 Q3: 19.322023 Q4: 17.322024 Q1: 20.532024 Q2: 22.862024 Q3: 25.002024 Q4: 24.79

Divergence watch ⚑

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

  • 2015 Q2 tone ↑ +2.8 fwd EPS ↓ -0.23 Tone rose while the forward EPS estimate was cut.
  • 2017 Q2 tone ↓ -3.3 fwd EPS ↑ +0.05 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q3 tone ↓ -3.4 fwd EPS ↑ +0.17 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q3 tone ↓ -4.2 fwd EPS ↑ +0.09 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q3 tone ↓ -5.0 fwd EPS ↑ +0.11 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q1 tone ↓ -3.4 fwd EPS ↑ +0.07 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q2 tone ↑ +4.7 fwd EPS ↓ -0.08 Tone rose while the forward EPS estimate was cut.
  • 2021 Q1 tone ↓ -2.1 fwd EPS ↑ +0.19 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q3 tone ↓ -5.0 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q1 tone ↓ -3.5 fwd EPS ↑ +0.08 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q3 tone ↑ +7.5 fwd EPS ↓ -0.17 Tone rose while the forward EPS estimate was cut.
  • 2022 Q4 tone ↓ -4.0 fwd EPS ↑ +0.16 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q1 tone ↓ -4.3 fwd EPS ↑ +0.17 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↓ -3.0 fwd EPS ↑ +0.17 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q2 tone ↓ -3.8 fwd EPS ↑ +0.21 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q4 tone ↓ -3.4 fwd EPS ↑ +0.10 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q32025-03-10+2.9——View →
2025 Q22024-12-09+7.5——View →
2025 Q12024-09-09+5.2——View →
2024 Q42024-06-11+2.7$6.6824.8View →
2024 Q32024-03-11+6.1$6.5825.0View →
2024 Q22023-12-11+2.8$6.3322.9View →
2024 Q12023-09-11+6.6$6.1220.5View →
2023 Q42023-06-12+9.6$5.9517.3View →