Subtext

Synchrony Financial SYF

SectorFinancials
Transcripts41
Date range2015-04-17 – 2025-04-22
Calls charted41

Sentiment timeline

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

-19-9+0+9+192015 Q12016 Q32018 Q12019 Q32021 Q12022 Q32024 Q12015 Q1 · Overall: +10.32015 Q2 · Overall: +13.22015 Q3 · Overall: +15.42015 Q4 · Overall: +13.32016 Q1 · Overall: +15.12016 Q2 · Overall: +14.02016 Q3 · Overall: +13.72016 Q4 · Overall: +14.22017 Q1 · Overall: +1.52017 Q2 · Overall: +10.12017 Q3 · Overall: +7.62017 Q4 · Overall: +12.52018 Q1 · Overall: +7.22018 Q2 · Overall: +5.82018 Q3 · Overall: +9.82018 Q4 · Overall: +11.92019 Q1 · Overall: +7.52019 Q2 · Overall: +9.22019 Q3 · Overall: +16.22019 Q4 · Overall: +11.52020 Q1 · Overall: -1.52020 Q2 · Overall: -1.12020 Q3 · Overall: +3.42020 Q4 · Overall: +8.02021 Q1 · Overall: +7.62021 Q2 · Overall: +7.42021 Q3 · Overall: +9.72021 Q4 · Overall: +9.82022 Q1 · Overall: +10.42022 Q2 · Overall: +5.22022 Q3 · Overall: +7.22022 Q4 · Overall: +4.92023 Q1 · Overall: +1.52023 Q2 · Overall: +2.82023 Q3 · Overall: +2.22023 Q4 · Overall: +9.72024 Q1 · Overall: -9.32024 Q2 · Overall: +5.52024 Q3 · Overall: -0.52024 Q4 · Overall: +6.92025 Q1 · Overall: +7.3
Overall

CEO vs CFO

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

-37-18+0+18+372015 Q12016 Q32018 Q12019 Q32021 Q12022 Q32024 Q12015 Q1 · CEO: +16.92015 Q2 · CEO: +24.22015 Q3 · CEO: +25.02015 Q4 · CEO: +15.52016 Q1 · CEO: +23.82016 Q3 · CEO: +25.12016 Q4 · CEO: +30.32017 Q1 · CEO: +11.32017 Q2 · CEO: +21.92017 Q3 · CEO: +17.22017 Q4 · CEO: +30.22018 Q1 · CEO: +22.52018 Q2 · CEO: +17.12018 Q3 · CEO: +19.32018 Q4 · CEO: +30.32019 Q1 · CEO: +20.22019 Q3 · CEO: +22.62021 Q2 · CEO: +15.02021 Q3 · CEO: +26.42021 Q4 · CEO: +21.22022 Q1 · CEO: +32.22022 Q2 · CEO: +22.52022 Q3 · CEO: +18.12022 Q4 · CEO: +24.62023 Q1 · CEO: +20.12023 Q2 · CEO: +8.72023 Q3 · CEO: +21.42023 Q4 · CEO: +30.62024 Q2 · CEO: +26.32024 Q3 · CEO: +16.52024 Q4 · CEO: +15.72025 Q1 · CEO: +21.12015 Q1 · CFO: +8.22015 Q2 · CFO: +9.92015 Q3 · CFO: +11.22015 Q4 · CFO: +16.02016 Q1 · CFO: +15.12016 Q3 · CFO: +13.92016 Q4 · CFO: +13.62017 Q1 · CFO: +6.62017 Q2 · CFO: +12.82017 Q3 · CFO: +6.22017 Q4 · CFO: +12.02018 Q1 · CFO: +4.62018 Q2 · CFO: +7.02018 Q3 · CFO: +8.82018 Q4 · CFO: +8.92019 Q1 · CFO: +4.42019 Q2 · CFO: +21.52019 Q3 · CFO: +19.92021 Q2 · CFO: +4.52021 Q3 · CFO: +6.32021 Q4 · CFO: +7.62022 Q1 · CFO: +3.92022 Q2 · CFO: +1.72022 Q3 · CFO: +5.22022 Q4 · CFO: -2.22023 Q1 · CFO: -5.52023 Q2 · CFO: +0.52023 Q3 · CFO: -1.22023 Q4 · CFO: +3.82024 Q2 · CFO: +0.22024 Q3 · CFO: -2.02024 Q4 · CFO: +0.32025 Q1 · CFO: -0.2
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-38-19+0+19+382015 Q12016 Q32018 Q12019 Q32021 Q12022 Q32024 Q12015 Q1 · Prepared remarks: +14.62015 Q2 · Prepared remarks: +20.12015 Q3 · Prepared remarks: +19.42015 Q4 · Prepared remarks: +24.32016 Q1 · Prepared remarks: +20.42016 Q2 · Prepared remarks: +19.42016 Q3 · Prepared remarks: +20.22016 Q4 · Prepared remarks: +22.62017 Q1 · Prepared remarks: +14.62017 Q2 · Prepared remarks: +14.52017 Q3 · Prepared remarks: +12.22017 Q4 · Prepared remarks: +19.22018 Q1 · Prepared remarks: +14.32018 Q2 · Prepared remarks: +10.02018 Q3 · Prepared remarks: +16.32018 Q4 · Prepared remarks: +15.52019 Q1 · Prepared remarks: +13.12019 Q2 · Prepared remarks: +12.42019 Q3 · Prepared remarks: +22.22019 Q4 · Prepared remarks: +16.02020 Q1 · Prepared remarks: -1.12020 Q2 · Prepared remarks: -3.22020 Q3 · Prepared remarks: +4.22020 Q4 · Prepared remarks: +11.92021 Q1 · Prepared remarks: +8.02021 Q2 · Prepared remarks: +16.52021 Q3 · Prepared remarks: +17.02021 Q4 · Prepared remarks: +10.32022 Q1 · Prepared remarks: +11.42022 Q2 · Prepared remarks: +20.62022 Q3 · Prepared remarks: +16.22022 Q4 · Prepared remarks: +13.82023 Q1 · Prepared remarks: +7.12023 Q2 · Prepared remarks: +11.52023 Q3 · Prepared remarks: +14.12023 Q4 · Prepared remarks: +22.02024 Q1 · Prepared remarks: +33.12024 Q2 · Prepared remarks: +11.12024 Q3 · Prepared remarks: +6.42024 Q4 · Prepared remarks: +13.62025 Q1 · Prepared remarks: +12.72015 Q1 · Q&A responses: +9.72015 Q2 · Q&A responses: +11.52015 Q3 · Q&A responses: +15.82015 Q4 · Q&A responses: +6.92016 Q1 · Q&A responses: +15.82016 Q2 · Q&A responses: +19.12016 Q3 · Q&A responses: +12.82016 Q4 · Q&A responses: +13.02017 Q1 · Q&A responses: +1.82017 Q2 · Q&A responses: +14.12017 Q3 · Q&A responses: +7.12017 Q4 · Q&A responses: +11.22018 Q1 · Q&A responses: +6.52018 Q2 · Q&A responses: +11.22018 Q3 · Q&A responses: +9.72018 Q4 · Q&A responses: +16.02019 Q1 · Q&A responses: +3.92019 Q2 · Q&A responses: +6.42019 Q3 · Q&A responses: +17.72019 Q4 · Q&A responses: +11.72020 Q1 · Q&A responses: +0.42020 Q2 · Q&A responses: +0.92020 Q3 · Q&A responses: +2.82020 Q4 · Q&A responses: +7.32021 Q1 · Q&A responses: +11.32021 Q2 · Q&A responses: +3.82021 Q3 · Q&A responses: +6.62021 Q4 · Q&A responses: +7.22022 Q2 · Q&A responses: -3.52022 Q3 · Q&A responses: +6.42022 Q4 · Q&A responses: +1.22023 Q1 · Q&A responses: -1.02023 Q2 · Q&A responses: +0.42023 Q3 · Q&A responses: +0.82023 Q4 · Q&A responses: +3.92024 Q1 · Q&A responses: -7.52024 Q2 · Q&A responses: +5.32024 Q3 · Q&A responses: +0.02024 Q4 · Q&A responses: +6.22025 Q1 · Q&A responses: +5.4
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

$1.66$4.46$7.262015 Q12016 Q32018 Q12019 Q32021 Q12022 Q32024 Q12015 Q1: $2.612015 Q2: $2.652015 Q3: $2.752015 Q4: $2.812016 Q1: $2.882016 Q2: $2.832016 Q3: $2.892016 Q4: $3.052017 Q1: $3.132017 Q2: $2.902017 Q3: $3.052017 Q4: $3.112018 Q1: $3.622018 Q2: $3.832018 Q3: $4.232018 Q4: $4.452019 Q1: $4.332019 Q2: $4.472019 Q3: $4.542019 Q4: $4.492020 Q1: $4.122020 Q2: $2.052020 Q3: $2.422020 Q4: $3.302021 Q1: $4.582021 Q2: $5.522021 Q3: $5.752021 Q4: $5.762022 Q1: $5.632022 Q2: $5.802022 Q3: $5.622022 Q4: $5.082023 Q1: $5.212023 Q2: $5.102023 Q3: $5.302023 Q4: $5.342024 Q1: $5.712024 Q2: $6.632024 Q3: $6.342024 Q4: $6.87

Forward P/E

2.677.8913.102015 Q12016 Q32018 Q12019 Q32021 Q12022 Q32024 Q12015 Q1: 12.222015 Q2: 12.382015 Q3: 11.232015 Q4: 10.862016 Q1: 9.612016 Q2: 9.352016 Q3: 9.282016 Q4: 11.782017 Q1: 11.452017 Q2: 10.102017 Q3: 9.612017 Q4: 11.782018 Q1: 9.972018 Q2: 9.112018 Q3: 7.902018 Q4: 5.212019 Q1: 7.612019 Q2: 7.572019 Q3: 7.512019 Q4: 8.192020 Q1: 3.392020 Q2: 12.072020 Q3: 11.392020 Q4: 9.992021 Q1: 9.422021 Q2: 8.972021 Q3: 8.382021 Q4: 8.112022 Q1: 6.692022 Q2: 5.252022 Q3: 5.652022 Q4: 6.762023 Q1: 5.552023 Q2: 6.582023 Q3: 6.002023 Q4: 6.902024 Q1: 7.612024 Q2: 6.582024 Q3: 7.712024 Q4: 9.26

Divergence watch ⚑

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

  • 2015 Q4 tone ↓ -2.1 fwd EPS ↑ +0.06 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q1 tone ↓ -12.7 fwd EPS ↑ +0.08 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q2 tone ↑ +8.6 fwd EPS ↓ -0.23 Tone rose while the forward EPS estimate was cut.
  • 2017 Q3 tone ↓ -2.5 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q1 tone ↓ -5.3 fwd EPS ↑ +0.51 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q2 tone ↓ -5.2 fwd EPS ↑ +0.17 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q1 tone ↓ -3.4 fwd EPS ↑ +0.13 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↓ -19.0 fwd EPS ↑ +0.37 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-04-22+7.3——View →
2024 Q42025-01-28+6.9$6.879.3View →
2024 Q32024-10-16-0.5$6.347.7View →
2024 Q22024-07-17+5.5$6.636.6View →
2024 Q12024-04-24-9.3$5.717.6View →
2023 Q42024-01-23+9.7$5.346.9View →
2023 Q32023-10-24+2.2$5.306.0View →
2023 Q22023-07-18+2.8$5.106.6View →