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Financials · CIK 0000093751

STT State Street Corporation

Weak negative

State Street Corporation showed a negative relationship between management tone and quarterly net income.

Relationship strength (, primary)
-0.21
Sample
15 quarterly observations
More established sample
Multiple-testing check

Does not remain notable after adjusting for hundreds of tests. Why?

Pearson (secondary): -0.19 Why show both?

The analysis measures a same-filing relationship, not a forecast. Limitations

Tone vs earnings change

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

Direction agreement

Tone and earnings moved in the same direction in 2 of 4 comparable quarters.

2 / 4 direction agreement

How is agreement calculated?
Statistical details (Pearson, p-values, q, confidence interval)
Spearman ρ (exact)-0.211 (p=0.451)
Pearson r-0.185 (p=0.508)
95% CI (Pearson)[-0.64, 0.36]
FDR q0.707
Sample size (n)15 · More established sample
Agreement2 / 4 (2 / 4)
Revenue analysis (secondary metric)

Secondary to net income because revenue concepts are less comparable across some industries.

Revenue comparison not used

Revenue comparison is not used for this industry because companies report revenue-like concepts differently.

Why?
Annual 10-K analysis (secondary analysis)

Annual samples are shorter and are not mixed into the default quarterly board.

Relationship
Little or no relationship
Spearman
0.10
Pearson
0.19
Sample
5 annual observations

Filing history

Tone shown to three decimals so small nonzero values stay visible.

Quarterly (10-Q)

DateFormToneNet income YoYRevenue YoY
Jul 30, 202610-Q+0.016+56.4%n/a
Apr 29, 202610-Q-0.034+18.6%n/a
Oct 30, 202510-Q-0.009+17.9%n/a
Jul 31, 202510-Q-0.010-2.5%n/a
May 1, 202510-Q-0.018+39.1%n/a
Oct 31, 202410-Q-0.007+73.0%n/a
Aug 1, 202410-Q-0.001-6.8%n/a
May 2, 202410-Q-0.001-15.7%n/a
Oct 27, 202310-Q+0.010-38.8%n/a
Jul 28, 202310-Q+0.008+2.1%n/a
Apr 27, 202310-Q+0.011-9.1%n/a
Oct 26, 202210-Q+0.185-3.4%n/a
Jul 28, 202210-Q+0.300-2.1%n/a
Apr 27, 202210-Q+0.076+16.4%n/a
Oct 22, 202110-Q+0.052+28.6%n/a

Annual (10-K)

DateFormToneNet income YoYRevenue YoY
Feb 19, 202610-K+0.042+9.6%n/a
Feb 13, 202510-K+0.037+38.2%n/a
Feb 15, 202410-K-0.009-29.9%n/a
Feb 16, 202310-K-0.111+3.0%n/a
Feb 17, 202210-K-0.121+11.3%n/a