Question Bank › New normal declared and staffed

New normal declared and staffed

New normal declared and staffed: management says the company's recent level of business has become its new baseline, and

Calls Tested
442
Answered YES
32
Hit Rate
7.2%
rare by design

Mobileye Global Inc. (MBLY) — this company's answers

NO on the Q2 2023 call 2023-07-28 B+
The model's full reasoning — Q2 2023 call → NO我们根据提供的财报电话会议记录来判断。管理层是否传达了当前业务水平已成为新常态,并且正在以该水平运营。 分析:管理层讨论了业务发展,如与大众集团的合作、SuperVision设计胜利、ZEEKR的部署等。但关于“新常态”的表述,管理层提到“我们继续看到越来越多的OEM进入设计阶段”,但并未明确表示当前活动水平高于近期常态并已成为基线。他们提到第二季度收入同比下降1%,但预期下半年增长16%。他们提到客户在2023年上半年非常谨慎,但下半年生产计划已稳固。这更多是周期性波动,而非新常态。管理层没有明确说“现在业务量比过去大得多,并且这是我们的新常态”。他们提到“我们预计2023年调整后营业利润率29.5%,比1月份原始指引高近3个百分点”,但这是成本控制而非业务量。关于SuperVision,他们提到“我们预计2024年将有5款车型投产”,但这是未来计划。他们没有说当前订单量或客户数量已跃升为新常态。他们提到“九个大型OEM前景”,但这是前景,不是当前业务。他们提到“我们正在与OEM进行物理测试”,但这是过程。没有明确表述“过去罕见的大订单现在经常出现”或“当前运行率已从近期常态提升并持续”。因此,答案应为NO。

← Back to the full MBLY analysis

Show the exact prompt the model was given
Using ONLY the supplied earnings call transcript and no outside information: On this call, does management convey that the LEVEL OF BUSINESS THE COMPANY IS NOW DOING HAS BECOME ITS NEW NORMAL — that activity which would recently have been exceptional for this company (in size, volume, scale of customers, pace of orders, or scope of work) is now presented by management as the company's current ordinary operating level — AND is management describing real, present-tense work to serve and continue that higher level rather than treating it as a spike? Answer YES when management's own words convey BOTH halves of this one phenomenon, in whatever form fits the business: (1) A HIGHER LEVEL, ALREADY REAL, FRAMED AS THE NEW BASELINE. Management describes current activity — actual orders, customers, volumes, output, contracts, utilization, deployments, or work in hand from the recent period — at a level that management itself indicates is above what was recently usual for this company, and speaks about that higher level as where the business now operates: for example, noting that what used to be a large order or rare win for the company is now arriving regularly; that current run-rates, activity, or commitments have stepped up from the company's recent norm and are being sustained; that the company is now routinely doing business of a kind or size it seldom did before; or otherwise treating the recent step-up as the company's present working level rather than a one-time event. The comparison must be against the company's OWN recent experience, and the higher level must rest on business that has actually happened or is actually in hand — not on forecasts, pipeline, or market opportunity. (2) THE COMPANY IS OPERATING TO THAT LEVEL NOW. Management describes what the company is presently doing to serve, deliver, staff, supply, or extend that higher level — such as capacity, people, production, inventory, systems, or organization being added or already in place for it, delivery and ramp work underway, or plans and resources now set against the higher level — conveying that management expects the elevated level to continue and is running the company accordingly, with more of its effect still ahead of the reported results. Answer NO if the strong period is presented as an ordinary good quarter within the company's usual range, with no indication that the company's working level has shifted. NO if management itself attributes the step-up mainly to a one-time event, a single exceptional deal, catch-up, pull-forward, seasonality, or a temporary condition it expects to unwind. NO if the higher level is only forecast, targeted, or hoped for rather than already being done. NO if management treats the elevated activity as a peak to come down from, or is chiefly defending weak or declining results. NO if there is no described present-tense work to serve or continue the higher level. NO if the new-normal framing appears only in an analyst's question or characterization that management does not itself affirm. Use only the supplied transcript. Answer only YES or NO.

Companies that answered YES

TickerCompanyCallDateCall grade
ECPG Encore Capital Group, Inc. Q1 2024 2024-05-08 B
LINC Lincoln Educational Services Corporation Q1 2024 2024-05-06 B+
PDS Precision Drilling Corporation Q1 2024 2024-04-25 B
KOPN Kopin Corporation Q4 2023 2024-03-14 C+
AEP American Electric Power Company, Inc. Q3 2023 2023-11-02 C+
GRBK Green Brick Partners, Inc. Q3 2023 2023-11-01 B
TGLS Tecnoglass Inc. Q2 2023 2023-08-08 A
SPT Sprout Social, Inc. Q2 2023 2023-08-04 B+
IMAX IMAX Corporation Q2 2023 2023-07-26 B+
DAL Delta Air Lines, Inc. Q2 2023 2023-07-13 A
PFIE Profire Energy, Inc. Q1 2023 2023-05-13 B
KE Kimball Electronics, Inc. Q3 2023 2023-05-06 C+
DKS DICK'S Sporting Goods, Inc. Q4 2022 2023-03-07 B
TGT Target Corporation Q4 2022 2023-02-28 C
UAL United Airlines Holdings, Inc. Q4 2022 2023-01-18 B
PKOH Park-Ohio Holdings Corp. Q3 2022 2022-11-13 B
EXFY Expensify, Inc. Q2 2022 2022-08-12 D
CRL Charles River Laboratories International Q2 2022 2022-08-03 C
CME CME Group Inc. Q2 2022 2022-07-27 B
OGI OrganiGram Holdings Inc. Q3 2022 2022-07-14 B+
KFY Korn Ferry Q4 2022 2022-06-22 B
HLIO Helios Technologies, Inc. Q1 2022 2022-05-10 C
CCRN Cross Country Healthcare, Inc. Q1 2022 2022-05-04 B
GTES Gates Industrial Corporation plc Q4 2021 2022-02-07 C+
LC LendingClub Corporation Q4 2021 2022-01-26 A
LOW Lowe's Companies, Inc. Q3 2021 2021-11-17 B+
HNRG Hallador Energy Company Q3 2021 2021-11-09 C+
KTB Kontoor Brands, Inc. Q3 2021 2021-11-04 A
ASAN Asana, Inc. Q2 2022 2021-09-01 B+
OWL Blue Owl Capital Inc. Q2 2021 2021-08-10 B+
ANIP ANI Pharmaceuticals, Inc. Q4 2016 2017-03-02 B+
EVBN Evans Bancorp, Inc. Q4 2016 2017-02-06 B+

How the model reasoned

UAL · Q4 2022 → YESThe question is: Does management convey that the LEVEL OF BUSINESS THE COMPANY IS NOW DOING HAS BECOME ITS NEW NORMAL — that activity which would recently have been exceptional is now the company's cu...YES The transcript shows management framing the post-pandemic operating environment—higher margins, sustained demand recovery, capacity constraints, and investments in staffing/technology—as the new baseline for United's business. Scott Kirby explicitly states that structural changes have set the industry (and United) up for higher margins than pre-pandemic levels, with United achieving 9% adjusted pre-tax margin in H2 2022 ahead of schedule and expecting to hit it again in 2023. They describe current activity (e.g.
CRL · Q2 2022 → YESThe question is whether management conveys that the current level of business has become the new normal, meaning activity that would recently have been exceptional is now ordinary, and they're doing r...YES The transcript shows management framing the elevated activity in Safety Assessment (DSA segment) as the new baseline: backlog "well above the prior year level," "significantly above prior year levels," "unprecedented demand," "never seen this sort of commitment that far out with better pricing," and "large portion of 2023 revenue already booked.
DAL · Q2 2023 → YESThe question is: Does management convey that the LEVEL OF BUSINESS THE COMPANY IS NOW DOING HAS BECOME ITS NEW NORMAL — that activity which would recently have been exceptional is now the company's cu...YES The transcript shows management framing the current performance as the new baseline: record revenue and earnings, "highest quarterly earnings result in our history," "moves Delta beyond recovery and firmly on a great path forward," and executing ahead of the three-year plan with raised full-year guidance.

More from the question bank

Reporting the counterparty's growth as its oDemand arrived first, the company is growingThe feared thing keeps not happeningRacing a clock somebody else setInheritance being cashed inDoors opening at the company's own gatesAll questions →
Not investment advice. Artul.ai publishes AI-generated earnings-call quality grades and expected-volatility estimates — never buy or sell recommendations. We tested over 1,600 predictive hypotheses against 165,000 transcripts; the honest result, including what failed, is documented in our methodology.