Subtext

Builders FirstSource, Inc. BLDR

SectorIndustrials
Transcripts49
Date range2007-10-26 – 2025-05-01
Calls charted49

Sentiment timeline

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

-20-10+0+10+202007 Q32011 Q42013 Q32015 Q22020 Q12021 Q42023 Q32007 Q3 · Overall: -2.62007 Q4 · Overall: -0.12008 Q1 · Overall: -6.92008 Q2 · Overall: -7.12008 Q3 · Overall: -12.32008 Q4 · Overall: -9.12009 Q1 · Overall: -4.92011 Q4 · Overall: +5.72012 Q1 · Overall: +10.12012 Q2 · Overall: +7.72012 Q3 · Overall: +2.92012 Q4 · Overall: +0.22013 Q1 · Overall: +3.02013 Q2 · Overall: +4.32013 Q3 · Overall: +6.52013 Q4 · Overall: +1.42014 Q1 · Overall: +3.62014 Q2 · Overall: +4.22014 Q3 · Overall: +4.32014 Q4 · Overall: -1.72015 Q1 · Overall: +8.52015 Q2 · Overall: +5.62015 Q3 · Overall: +7.92015 Q4 · Overall: +6.22016 Q1 · Overall: +8.12016 Q2 · Overall: -0.32016 Q3 · Overall: -3.02016 Q4 · Overall: +8.52020 Q1 · Overall: -1.22020 Q2 · Overall: +8.82020 Q3 · Overall: +10.92020 Q4 · Overall: +15.82021 Q1 · Overall: +14.92021 Q2 · Overall: +15.92021 Q3 · Overall: +14.32021 Q4 · Overall: +11.02022 Q1 · Overall: +14.02022 Q2 · Overall: +8.12022 Q3 · Overall: +5.52022 Q4 · Overall: +8.52023 Q1 · Overall: +17.22023 Q2 · Overall: +14.52023 Q3 · Overall: +11.62023 Q4 · Overall: +14.52024 Q1 · Overall: +4.12024 Q2 · Overall: +9.42024 Q3 · Overall: +10.22024 Q4 · Overall: +5.42025 Q1 · Overall: +8.2
Overall

CEO vs CFO

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

-41-21+0+21+412007 Q32011 Q42013 Q32015 Q22020 Q12021 Q42023 Q32007 Q3 · CEO: +11.02007 Q4 · CEO: +5.92008 Q1 · CEO: +0.02008 Q2 · CEO: -4.82008 Q3 · CEO: -11.12008 Q4 · CEO: -6.52009 Q1 · CEO: +2.02011 Q4 · CEO: +10.72012 Q1 · CEO: +12.42012 Q2 · CEO: +10.62012 Q3 · CEO: +14.52012 Q4 · CEO: +4.62013 Q1 · CEO: +8.72013 Q2 · CEO: +5.52013 Q3 · CEO: +13.72013 Q4 · CEO: +6.52014 Q1 · CEO: +14.42014 Q2 · CEO: +14.02014 Q3 · CEO: +10.42014 Q4 · CEO: +8.32015 Q1 · CEO: +17.12015 Q2 · CEO: +12.42015 Q3 · CEO: +17.82015 Q4 · CEO: +21.02016 Q1 · CEO: +19.32016 Q2 · CEO: +6.02016 Q3 · CEO: +1.42016 Q4 · CEO: +11.42020 Q1 · CEO: +1.82020 Q2 · CEO: +13.92020 Q3 · CEO: +28.42020 Q4 · CEO: +35.72021 Q1 · CEO: +23.32021 Q2 · CEO: +26.42021 Q3 · CEO: +20.02021 Q4 · CEO: +20.12022 Q1 · CEO: +19.62022 Q2 · CEO: +17.82022 Q3 · CEO: +5.42022 Q4 · CEO: +14.22023 Q1 · CEO: +27.12023 Q2 · CEO: +29.72023 Q3 · CEO: +24.22023 Q4 · CEO: +35.52024 Q1 · CEO: +17.32024 Q2 · CEO: +16.02024 Q3 · CEO: +14.52024 Q4 · CEO: +11.82025 Q1 · CEO: +17.42007 Q3 · CFO: -4.72007 Q4 · CFO: -7.32008 Q1 · CFO: -6.82008 Q2 · CFO: -10.92008 Q3 · CFO: -9.22008 Q4 · CFO: -8.92009 Q1 · CFO: -8.02011 Q4 · CFO: +6.42012 Q1 · CFO: +10.02012 Q2 · CFO: +16.92012 Q3 · CFO: -1.62012 Q4 · CFO: -1.22013 Q1 · CFO: -0.52013 Q2 · CFO: +8.32013 Q3 · CFO: +2.22013 Q4 · CFO: -4.22014 Q1 · CFO: -9.62014 Q2 · CFO: +2.22014 Q3 · CFO: +7.62015 Q3 · CFO: -33.62015 Q4 · CFO: -1.32016 Q1 · CFO: +5.72016 Q2 · CFO: -2.62016 Q4 · CFO: +3.42020 Q1 · CFO: +3.52020 Q2 · CFO: +10.92020 Q3 · CFO: +6.72020 Q4 · CFO: +12.52021 Q1 · CFO: +16.52021 Q2 · CFO: +13.42021 Q3 · CFO: +14.92021 Q4 · CFO: +12.62022 Q1 · CFO: +17.82022 Q2 · CFO: +11.82022 Q3 · CFO: +13.32022 Q4 · CFO: +9.92023 Q1 · CFO: +16.22023 Q2 · CFO: +13.72023 Q3 · CFO: +9.92023 Q4 · CFO: +9.62024 Q1 · CFO: +7.42024 Q2 · CFO: +5.72024 Q3 · CFO: +7.12024 Q4 · CFO: +4.72025 Q1 · CFO: +2.2
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-69-34+0+34+692007 Q32011 Q42013 Q32015 Q22020 Q12021 Q42023 Q32007 Q3 · Prepared remarks: -2.12007 Q4 · Prepared remarks: -2.52008 Q1 · Prepared remarks: -14.62008 Q2 · Prepared remarks: -19.62008 Q3 · Prepared remarks: -20.92008 Q4 · Prepared remarks: -27.22009 Q1 · Prepared remarks: -4.52011 Q4 · Prepared remarks: +6.12012 Q1 · Prepared remarks: +13.72012 Q2 · Prepared remarks: +19.12012 Q3 · Prepared remarks: +4.42012 Q4 · Prepared remarks: -2.82013 Q1 · Prepared remarks: -2.32013 Q2 · Prepared remarks: +3.12013 Q3 · Prepared remarks: +6.12013 Q4 · Prepared remarks: -2.22014 Q1 · Prepared remarks: -11.42014 Q2 · Prepared remarks: +10.02014 Q3 · Prepared remarks: +7.02014 Q4 · Prepared remarks: +7.62015 Q1 · Prepared remarks: +7.42015 Q2 · Prepared remarks: +7.22015 Q3 · Prepared remarks: +7.02015 Q4 · Prepared remarks: +7.12016 Q1 · Prepared remarks: +8.42016 Q2 · Prepared remarks: -2.42016 Q3 · Prepared remarks: -2.52016 Q4 · Prepared remarks: +8.62020 Q1 · Prepared remarks: +5.82020 Q2 · Prepared remarks: +19.32020 Q3 · Prepared remarks: +23.72020 Q4 · Prepared remarks: +27.92021 Q1 · Prepared remarks: +22.42021 Q2 · Prepared remarks: +22.72021 Q3 · Prepared remarks: +24.02021 Q4 · Prepared remarks: +23.32022 Q1 · Prepared remarks: +21.52022 Q2 · Prepared remarks: +18.52022 Q3 · Prepared remarks: +12.22022 Q4 · Prepared remarks: +18.82023 Q1 · Prepared remarks: +23.62023 Q2 · Prepared remarks: +26.32023 Q3 · Prepared remarks: +24.12023 Q4 · Prepared remarks: +15.02024 Q1 · Prepared remarks: +59.92024 Q2 · Prepared remarks: +9.72024 Q3 · Prepared remarks: +15.92024 Q4 · Prepared remarks: +16.52025 Q1 · Prepared remarks: +18.32007 Q3 · Q&A responses: -1.72007 Q4 · Q&A responses: +2.92008 Q1 · Q&A responses: -5.42008 Q2 · Q&A responses: -1.02008 Q3 · Q&A responses: -5.32008 Q4 · Q&A responses: +2.82012 Q1 · Q&A responses: +9.72012 Q2 · Q&A responses: +13.02012 Q4 · Q&A responses: +3.52013 Q1 · Q&A responses: +8.02013 Q2 · Q&A responses: +5.72013 Q3 · Q&A responses: +8.82013 Q4 · Q&A responses: +6.62014 Q1 · Q&A responses: +10.22014 Q2 · Q&A responses: +7.92014 Q3 · Q&A responses: +9.62014 Q4 · Q&A responses: +0.22015 Q1 · Q&A responses: +16.72015 Q2 · Q&A responses: +9.92015 Q3 · Q&A responses: +8.92015 Q4 · Q&A responses: +0.02016 Q1 · Q&A responses: +9.52016 Q2 · Q&A responses: +2.12016 Q3 · Q&A responses: +0.02016 Q4 · Q&A responses: +11.22020 Q1 · Q&A responses: -1.22020 Q2 · Q&A responses: +6.52020 Q3 · Q&A responses: +9.12020 Q4 · Q&A responses: +13.72021 Q1 · Q&A responses: +14.72021 Q2 · Q&A responses: +13.32021 Q3 · Q&A responses: +11.52021 Q4 · Q&A responses: +9.52022 Q1 · Q&A responses: +12.22022 Q2 · Q&A responses: +9.82022 Q3 · Q&A responses: +5.92022 Q4 · Q&A responses: +7.32023 Q1 · Q&A responses: +18.72023 Q2 · Q&A responses: +14.72023 Q3 · Q&A responses: +10.72024 Q1 · Q&A responses: +7.22024 Q3 · Q&A responses: +7.72024 Q4 · Q&A responses: +4.52025 Q1 · Q&A responses: +8.5
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

$-0.70$6.92$14.542007 Q32011 Q42013 Q32015 Q22020 Q12021 Q42023 Q32014 Q1: $0.482014 Q2: $0.612014 Q3: $0.502014 Q4: $0.402015 Q1: $0.382015 Q2: $0.352015 Q3: $1.122015 Q4: $0.962016 Q1: $1.002016 Q2: $1.182016 Q3: $1.262016 Q4: $1.022020 Q1: $2.382020 Q2: $1.372020 Q3: $2.322020 Q4: $2.952021 Q1: $2.872021 Q2: $3.962021 Q3: $5.012021 Q4: $6.492022 Q1: $9.192022 Q2: $10.842022 Q3: $9.752022 Q4: $6.622023 Q1: $6.592023 Q2: $9.442023 Q3: $12.252023 Q4: $12.012024 Q1: $13.482024 Q2: $13.232024 Q3: $11.87

Forward P/E

1.8520.9039.952007 Q32011 Q42013 Q32015 Q22020 Q12021 Q42023 Q32014 Q1: 17.582014 Q2: 12.202014 Q3: 12.802014 Q4: 16.282015 Q1: 15.972015 Q2: 37.322015 Q3: 14.642015 Q4: 11.892016 Q1: 9.692016 Q2: 9.322016 Q3: 9.732016 Q4: 11.122020 Q1: 4.482020 Q2: 16.252020 Q3: 14.302020 Q4: 12.132021 Q1: 16.552021 Q2: 10.942021 Q3: 10.602021 Q4: 12.062022 Q1: 8.192022 Q2: 5.122022 Q3: 5.672022 Q4: 10.222023 Q1: 12.072023 Q2: 12.822023 Q3: 10.752023 Q4: 12.902024 Q1: 14.922024 Q2: 11.292024 Q3: 16.38

Divergence watch ⚑

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

  • 2015 Q1 tone ↑ +10.3 fwd EPS ↓ -0.02 Tone rose while the forward EPS estimate was cut.
  • 2016 Q2 tone ↓ -8.4 fwd EPS ↑ +0.18 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q3 tone ↓ -2.7 fwd EPS ↑ +0.08 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q4 tone ↑ +11.5 fwd EPS ↓ -0.24 Tone rose while the forward EPS estimate was cut.
  • 2020 Q1 tone ↓ -9.6 fwd EPS ↑ +1.35 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q2 tone ↑ +10.0 fwd EPS ↓ -1.00 Tone rose while the forward EPS estimate was cut.
  • 2021 Q4 tone ↓ -3.3 fwd EPS ↑ +1.48 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q2 tone ↓ -5.9 fwd EPS ↑ +1.65 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q4 tone ↑ +3.0 fwd EPS ↓ -3.13 Tone rose while the forward EPS estimate was cut.
  • 2023 Q2 tone ↓ -2.7 fwd EPS ↑ +2.85 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q3 tone ↓ -2.9 fwd EPS ↑ +2.81 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q4 tone ↑ +2.9 fwd EPS ↓ -0.24 Tone rose while the forward EPS estimate was cut.
  • 2024 Q1 tone ↓ -10.4 fwd EPS ↑ +1.47 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q2 tone ↑ +5.3 fwd EPS ↓ -0.25 Tone rose while the forward EPS estimate was cut.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-05-01+8.2——View →
2024 Q42025-02-20+5.4——View →
2024 Q32024-11-05+10.2$11.8716.4View →
2024 Q22024-08-06+9.4$13.2311.3View →
2024 Q12024-05-07+4.1$13.4814.9View →
2023 Q42024-02-22+14.5$12.0112.9View →
2023 Q32023-11-01+11.6$12.2510.8View →
2023 Q22023-08-02+14.5$9.4412.8View →