Everest Group's management tone tended to become more positive when quarterly net income improved.
Does not remain notable after adjusting for hundreds of tests. Why?
The analysis measures a same-filing relationship, not a forecast. Limitations
Each dot represents one 10-Q filing. Points farther right have more positive MD&A tone. Points higher on the chart had stronger year-over-year net income growth, after extreme percent changes are capped. Upper-right and lower-left points indicate tone and earnings moving in the same direction. How to read this chart
Tone and earnings moved in the same direction in 5 of 7 comparable quarters.
5 / 7 direction agreement
How is agreement calculated?| Spearman ρ (exact) | 0.264 (p=0.433) |
|---|---|
| Pearson r | 0.073 (p=0.831) |
| 95% CI (Pearson) | [-0.55, 0.64] |
| FDR q | 0.903 |
| Sample size (n) | 11 · More established sample |
| Agreement | 5 / 7 (5 / 7) |
Secondary to net income because revenue concepts are less comparable across some industries.
Revenue comparison is not used for this industry because companies report revenue-like concepts differently.
Why?Annual samples are shorter and are not mixed into the default quarterly board.
Tone shown to three decimals so small nonzero values stay visible.
| Date | Form | Tone | Net income YoY | Revenue YoY |
|---|---|---|---|---|
| Aug 3, 2026 | 10-Q | -0.064 | -17.8% | n/a |
| May 5, 2026 | 10-Q | -0.065 | +211.0% | n/a |
| Oct 31, 2025 | 10-Q | +0.039 | -49.9% | n/a |
| Aug 1, 2025 | 10-Q | +0.034 | -6.1% | n/a |
| May 2, 2025 | 10-Q | +0.019 | -71.4% | n/a |
| Nov 5, 2024 | 10-Q | +0.090 | -24.9% | n/a |
| Aug 2, 2024 | 10-Q | +0.135 | +8.1% | n/a |
| May 3, 2024 | 10-Q | +0.082 | +100.8% | n/a |
| Nov 1, 2023 | 10-Q | +0.039 | +312.5% | n/a |
| Aug 3, 2023 | 10-Q | +0.101 | +444.7% | n/a |
| May 4, 2023 | 10-Q | +0.089 | +22.5% | n/a |
| Nov 3, 2022 | 10-Q | +0.088 | n/a | n/a |
| Aug 4, 2022 | 10-Q | +0.078 | n/a | n/a |
| May 5, 2022 | 10-Q | +0.069 | n/a | n/a |
| Nov 4, 2021 | 10-Q | +0.135 | n/a | n/a |
| Date | Form | Tone | Net income YoY | Revenue YoY |
|---|---|---|---|---|
| Feb 26, 2026 | 10-K | -0.029 | +15.9% | n/a |
| Feb 27, 2025 | 10-K | +0.019 | -45.5% | n/a |
| Feb 28, 2024 | 10-K | +0.036 | +321.6% | n/a |
| Feb 24, 2023 | 10-K | +0.006 | n/a | n/a |
| Feb 28, 2022 | 10-K | +0.063 | n/a | n/a |