In Earnings Calls: Top 10 Most Optimistic U.S. CEOs

The LSEG MarketPsych Transcripts Analytics offers detailed sentiment analysis on corporate communications, including quarterly earnings calls. It analyses each sentence to produce insights on topics, sentiment levels, and the probability of several emotions, including optimism.

Our initial studies using this data suggest a positive correlation between CEO optimism during earnings calls and relative stock price performance in the following months. With hundreds of earnings calls for Q1 2024 already underway, we present a partial rank of the top 10 CEOs from Russell 3000 companies based on their optimism during the current earnings season. As of now, Mr. Olivier Le Peuch, CEO & Director of Schlumberger, has had the most optimistic discourse.

While Optimism is depicted in the underlying blue bars, the superimposed black bars depict the financial sentiment level of these CEOs. The optimism is higher than sentiment for every CEO. Notable disparities between the optimism and sentiment levels, such as those observed in the case of Ms. Joanna Geraghty, CEO & Director of JetBlue Airways, could also serve as valuable features for future stock price modelling.