Subtext

Snap-on Incorporated SNA

SectorIndustrials
Transcripts65
Date range2009-04-22 – 2025-04-17
Calls charted65

Sentiment timeline

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

-23-12+0+12+232009 Q12011 Q22013 Q32015 Q42018 Q12020 Q22022 Q32024 Q42009 Q1 · Overall: +3.32009 Q2 · Overall: +4.82009 Q3 · Overall: +6.12009 Q4 · Overall: +3.92010 Q1 · Overall: +9.32010 Q2 · Overall: +13.32010 Q3 · Overall: +11.52010 Q4 · Overall: +10.42011 Q1 · Overall: +10.02011 Q2 · Overall: +13.92011 Q3 · Overall: +9.82011 Q4 · Overall: +6.92012 Q1 · Overall: +12.02012 Q2 · Overall: +9.52012 Q3 · Overall: +11.22012 Q4 · Overall: +10.62013 Q1 · Overall: +9.52013 Q2 · Overall: +10.92013 Q3 · Overall: +12.02013 Q4 · Overall: +13.42014 Q1 · Overall: +10.02014 Q2 · Overall: +16.22014 Q3 · Overall: +18.22014 Q4 · Overall: +20.42015 Q1 · Overall: +15.12015 Q2 · Overall: +13.82015 Q3 · Overall: +13.42015 Q4 · Overall: +10.72016 Q1 · Overall: +16.92016 Q2 · Overall: +12.02016 Q3 · Overall: +15.82016 Q4 · Overall: +11.92017 Q1 · Overall: +13.92017 Q2 · Overall: +13.22017 Q3 · Overall: +10.92017 Q4 · Overall: +14.02018 Q1 · Overall: +12.82018 Q2 · Overall: +11.82018 Q3 · Overall: +17.22018 Q4 · Overall: +10.02019 Q1 · Overall: +13.22019 Q2 · Overall: +8.42019 Q3 · Overall: +7.82019 Q4 · Overall: +8.22020 Q1 · Overall: -4.52020 Q2 · Overall: +0.52020 Q3 · Overall: +10.22020 Q4 · Overall: +10.72021 Q1 · Overall: +8.82021 Q2 · Overall: +12.12021 Q3 · Overall: +11.42021 Q4 · Overall: +11.02022 Q1 · Overall: +8.52022 Q2 · Overall: +11.62022 Q3 · Overall: +7.72022 Q4 · Overall: +6.82023 Q1 · Overall: +3.32023 Q2 · Overall: +7.02023 Q3 · Overall: +10.02023 Q4 · Overall: +6.42024 Q1 · Overall: +4.32024 Q2 · Overall: +2.32024 Q3 · Overall: +9.82024 Q4 · Overall: +13.22025 Q1 · Overall: +0.9
Overall

CEO vs CFO

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

-35-17+0+17+352009 Q12011 Q22013 Q32015 Q42018 Q12020 Q22022 Q32024 Q42009 Q1 · CEO: +7.52009 Q2 · CEO: +12.62009 Q3 · CEO: +15.42009 Q4 · CEO: +12.22010 Q1 · CEO: +14.32010 Q2 · CEO: +16.92010 Q3 · CEO: +8.32010 Q4 · CEO: +15.72011 Q1 · CEO: +16.72011 Q2 · CEO: +21.92011 Q3 · CEO: +17.62011 Q4 · CEO: +13.52012 Q1 · CEO: +18.82012 Q2 · CEO: +14.72012 Q3 · CEO: +17.22012 Q4 · CEO: +19.42013 Q1 · CEO: +15.22013 Q2 · CEO: +16.92013 Q3 · CEO: +18.32013 Q4 · CEO: +17.72014 Q1 · CEO: +16.02014 Q2 · CEO: +21.82014 Q3 · CEO: +22.32014 Q4 · CEO: +30.12015 Q1 · CEO: +21.32015 Q2 · CEO: +18.22015 Q3 · CEO: +18.62015 Q4 · CEO: +14.82016 Q1 · CEO: +23.52016 Q2 · CEO: +18.42016 Q3 · CEO: +22.02017 Q1 · CEO: +20.12017 Q2 · CEO: +18.62017 Q3 · CEO: +19.52017 Q4 · CEO: +21.42018 Q1 · CEO: +16.92018 Q2 · CEO: +15.82018 Q3 · CEO: +24.92018 Q4 · CEO: +16.62019 Q1 · CEO: +19.72019 Q2 · CEO: +16.22019 Q3 · CEO: +15.02019 Q4 · CEO: +14.12020 Q1 · CEO: -0.92020 Q2 · CEO: +8.42020 Q3 · CEO: +16.22020 Q4 · CEO: +17.02021 Q1 · CEO: +13.32021 Q2 · CEO: +16.62021 Q3 · CEO: +13.12021 Q4 · CEO: +12.32022 Q1 · CEO: +12.92022 Q2 · CEO: +14.72022 Q3 · CEO: +12.72022 Q4 · CEO: +11.32023 Q1 · CEO: +6.82023 Q2 · CEO: +12.02023 Q3 · CEO: +15.02023 Q4 · CEO: +9.62024 Q1 · CEO: +6.52024 Q2 · CEO: +5.32024 Q3 · CEO: +13.82024 Q4 · CEO: +17.42009 Q1 · CFO: +1.12009 Q2 · CFO: -1.02009 Q3 · CFO: -7.02009 Q4 · CFO: -6.82010 Q1 · CFO: +0.02010 Q2 · CFO: +6.92010 Q3 · CFO: +6.92010 Q4 · CFO: -0.52011 Q1 · CFO: +0.52011 Q2 · CFO: +3.42011 Q3 · CFO: +2.12011 Q4 · CFO: -0.42012 Q1 · CFO: +1.22012 Q2 · CFO: +4.72012 Q3 · CFO: +1.92012 Q4 · CFO: +0.52013 Q1 · CFO: -1.52013 Q2 · CFO: -2.52013 Q3 · CFO: +7.32013 Q4 · CFO: +7.62014 Q1 · CFO: -0.62014 Q2 · CFO: +6.32014 Q3 · CFO: +7.92014 Q4 · CFO: +0.72015 Q1 · CFO: +1.42015 Q4 · CFO: +2.62016 Q1 · CFO: +2.72016 Q2 · CFO: -3.22016 Q3 · CFO: +11.12016 Q4 · CFO: +7.02017 Q1 · CFO: +5.62017 Q2 · CFO: +9.02017 Q3 · CFO: +1.82017 Q4 · CFO: +6.62018 Q1 · CFO: +5.42018 Q2 · CFO: +14.32018 Q3 · CFO: +8.32018 Q4 · CFO: -2.52019 Q1 · CFO: -1.92019 Q2 · CFO: -3.02019 Q3 · CFO: +1.62019 Q4 · CFO: -1.92020 Q1 · CFO: -11.12020 Q2 · CFO: -11.92020 Q3 · CFO: -2.52020 Q4 · CFO: +0.02021 Q1 · CFO: +6.12021 Q2 · CFO: +6.62021 Q3 · CFO: +15.82021 Q4 · CFO: +8.92022 Q1 · CFO: +4.62022 Q2 · CFO: +6.22022 Q3 · CFO: +6.42022 Q4 · CFO: +2.52023 Q1 · CFO: +3.12023 Q2 · CFO: +0.62023 Q3 · CFO: +3.72023 Q4 · CFO: +3.92024 Q1 · CFO: +6.22024 Q2 · CFO: -2.22024 Q3 · CFO: +1.22024 Q4 · CFO: +2.2
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-29-14+0+14+292009 Q12011 Q22013 Q32015 Q42018 Q12020 Q22022 Q32024 Q42009 Q1 · Prepared remarks: +3.42009 Q2 · Prepared remarks: +6.92009 Q3 · Prepared remarks: +6.42009 Q4 · Prepared remarks: +3.62010 Q1 · Prepared remarks: +13.22010 Q2 · Prepared remarks: +20.62010 Q3 · Prepared remarks: +12.02010 Q4 · Prepared remarks: +15.02011 Q1 · Prepared remarks: +12.82011 Q2 · Prepared remarks: +17.82011 Q3 · Prepared remarks: +18.02011 Q4 · Prepared remarks: +12.62012 Q1 · Prepared remarks: +19.32012 Q2 · Prepared remarks: +18.32012 Q3 · Prepared remarks: +21.02012 Q4 · Prepared remarks: +20.52013 Q1 · Prepared remarks: +19.42013 Q2 · Prepared remarks: +15.82013 Q3 · Prepared remarks: +23.52013 Q4 · Prepared remarks: +21.32014 Q1 · Prepared remarks: +15.92014 Q2 · Prepared remarks: +22.42014 Q3 · Prepared remarks: +19.92014 Q4 · Prepared remarks: +22.12015 Q1 · Prepared remarks: +24.92015 Q2 · Prepared remarks: +16.02015 Q3 · Prepared remarks: +22.52015 Q4 · Prepared remarks: +10.82016 Q1 · Prepared remarks: +21.32016 Q2 · Prepared remarks: +12.32016 Q3 · Prepared remarks: +19.32016 Q4 · Prepared remarks: +24.82017 Q1 · Prepared remarks: +18.42017 Q2 · Prepared remarks: +15.92017 Q3 · Prepared remarks: +16.92017 Q4 · Prepared remarks: +14.42018 Q1 · Prepared remarks: +16.02018 Q2 · Prepared remarks: +24.52018 Q3 · Prepared remarks: +24.52018 Q4 · Prepared remarks: +12.42019 Q1 · Prepared remarks: +17.62019 Q2 · Prepared remarks: +19.52019 Q3 · Prepared remarks: +12.52019 Q4 · Prepared remarks: +11.12020 Q1 · Prepared remarks: -7.42020 Q2 · Prepared remarks: -0.22020 Q3 · Prepared remarks: +18.62020 Q4 · Prepared remarks: +12.92021 Q1 · Prepared remarks: +18.72021 Q2 · Prepared remarks: +16.92021 Q3 · Prepared remarks: +18.32021 Q4 · Prepared remarks: +15.82022 Q1 · Prepared remarks: +17.12022 Q2 · Prepared remarks: +16.72022 Q3 · Prepared remarks: +11.22022 Q4 · Prepared remarks: +11.22023 Q1 · Prepared remarks: +8.82023 Q2 · Prepared remarks: +12.42023 Q3 · Prepared remarks: +13.32023 Q4 · Prepared remarks: +10.42024 Q1 · Prepared remarks: +7.12024 Q2 · Prepared remarks: +4.82024 Q3 · Prepared remarks: +9.62024 Q4 · Prepared remarks: +17.12009 Q1 · Q&A responses: +8.52009 Q2 · Q&A responses: +3.22009 Q3 · Q&A responses: +9.22009 Q4 · Q&A responses: +5.62010 Q1 · Q&A responses: +4.82010 Q2 · Q&A responses: +5.92010 Q4 · Q&A responses: +7.22011 Q1 · Q&A responses: +6.82011 Q2 · Q&A responses: +9.52011 Q3 · Q&A responses: +0.32011 Q4 · Q&A responses: -1.62012 Q1 · Q&A responses: +6.12012 Q2 · Q&A responses: +1.12012 Q3 · Q&A responses: +5.12012 Q4 · Q&A responses: +3.92013 Q1 · Q&A responses: +3.22013 Q2 · Q&A responses: +8.22013 Q3 · Q&A responses: +0.32013 Q4 · Q&A responses: +7.72014 Q1 · Q&A responses: +6.52014 Q2 · Q&A responses: +11.12014 Q3 · Q&A responses: +16.62014 Q4 · Q&A responses: +22.52015 Q1 · Q&A responses: +8.02015 Q2 · Q&A responses: +14.02015 Q3 · Q&A responses: +5.52015 Q4 · Q&A responses: +18.12016 Q1 · Q&A responses: +12.52016 Q3 · Q&A responses: +17.52016 Q4 · Q&A responses: +4.42017 Q1 · Q&A responses: +12.52017 Q2 · Q&A responses: +12.72017 Q3 · Q&A responses: +9.42018 Q1 · Q&A responses: +8.52018 Q2 · Q&A responses: +5.42018 Q3 · Q&A responses: +14.72018 Q4 · Q&A responses: +10.22019 Q1 · Q&A responses: +11.22019 Q2 · Q&A responses: +0.92019 Q3 · Q&A responses: +8.52019 Q4 · Q&A responses: +7.92020 Q1 · Q&A responses: +0.32020 Q2 · Q&A responses: +7.12020 Q3 · Q&A responses: +2.82020 Q4 · Q&A responses: +9.32021 Q1 · Q&A responses: +0.82021 Q2 · Q&A responses: +7.12021 Q3 · Q&A responses: +5.82021 Q4 · Q&A responses: +4.92022 Q1 · Q&A responses: +1.12022 Q2 · Q&A responses: +6.82022 Q3 · Q&A responses: +6.02022 Q4 · Q&A responses: +5.32023 Q1 · Q&A responses: +2.02023 Q2 · Q&A responses: +2.72023 Q3 · Q&A responses: +9.72023 Q4 · Q&A responses: +4.32024 Q1 · Q&A responses: +4.92024 Q2 · Q&A responses: +3.82024 Q3 · Q&A responses: +14.72024 Q4 · Q&A responses: +7.62025 Q1 · Q&A responses: +2.4
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

$5.67$13.24$20.812009 Q12011 Q22013 Q32015 Q42018 Q12020 Q22022 Q32024 Q42014 Q1: $6.712014 Q2: $6.972014 Q3: $7.272014 Q4: $7.632015 Q1: $8.092015 Q2: $8.492015 Q3: $8.812015 Q4: $9.032016 Q1: $9.162016 Q2: $9.512016 Q3: $9.742016 Q4: $10.052017 Q1: $10.292017 Q2: $10.662017 Q3: $10.882017 Q4: $10.952018 Q1: $11.842018 Q2: $12.142018 Q3: $12.532018 Q4: $12.622019 Q1: $12.492019 Q2: $12.712019 Q3: $12.772019 Q4: $12.732020 Q1: $12.622020 Q2: $9.942020 Q3: $10.322020 Q4: $11.502021 Q1: $12.512021 Q2: $13.772021 Q3: $14.552021 Q4: $15.012022 Q1: $15.552022 Q2: $16.162022 Q3: $16.582022 Q4: $16.672023 Q1: $17.182023 Q2: $18.172023 Q3: $18.842023 Q4: $19.382024 Q1: $19.442024 Q2: $19.702024 Q3: $19.77

Forward P/E

7.9813.8819.782009 Q12011 Q22013 Q32015 Q42018 Q12020 Q22022 Q32024 Q42014 Q1: 16.712014 Q2: 17.022014 Q3: 17.192014 Q4: 17.592015 Q1: 18.052015 Q2: 18.612015 Q3: 18.062015 Q4: 18.972016 Q1: 17.012016 Q2: 16.092016 Q3: 15.112016 Q4: 17.072017 Q1: 16.742017 Q2: 14.732017 Q3: 13.692017 Q4: 15.552018 Q1: 12.852018 Q2: 13.052018 Q3: 14.942018 Q4: 11.272019 Q1: 12.722019 Q2: 12.982019 Q3: 12.162019 Q4: 13.482020 Q1: 8.792020 Q2: 13.692020 Q3: 14.442020 Q4: 14.952021 Q1: 17.812021 Q2: 16.252021 Q3: 15.152021 Q4: 14.442022 Q1: 13.262022 Q2: 12.622022 Q3: 13.072022 Q4: 13.982023 Q1: 13.762023 Q2: 14.962023 Q3: 13.862023 Q4: 14.662024 Q1: 15.162024 Q2: 13.672024 Q3: 14.20

Divergence watch ⚑

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

  • 2015 Q1 tone ↓ -5.3 fwd EPS ↑ +0.46 Tone cooled even as the forward EPS estimate rose.
  • 2015 Q4 tone ↓ -2.7 fwd EPS ↑ +0.22 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q2 tone ↓ -5.0 fwd EPS ↑ +0.35 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q4 tone ↓ -3.9 fwd EPS ↑ +0.31 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q3 tone ↓ -2.4 fwd EPS ↑ +0.22 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q2 tone ↓ -4.8 fwd EPS ↑ +0.22 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q2 tone ↑ +5.0 fwd EPS ↓ -2.69 Tone rose while the forward EPS estimate was cut.
  • 2022 Q1 tone ↓ -2.5 fwd EPS ↑ +0.54 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q3 tone ↓ -3.9 fwd EPS ↑ +0.42 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q1 tone ↓ -3.5 fwd EPS ↑ +0.50 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q4 tone ↓ -3.7 fwd EPS ↑ +0.54 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-04-17+0.9——View →
2024 Q42025-02-06+13.2——View →
2024 Q32024-10-17+9.8$19.7714.2View →
2024 Q22024-07-18+2.3$19.7013.7View →
2024 Q12024-04-18+4.3$19.4415.2View →
2023 Q42024-02-08+6.4$19.3814.7View →
2023 Q32023-10-19+10.0$18.8413.9View →
2023 Q22023-07-20+7.0$18.1715.0View →