Subtext

Boston Scientific Corporation BSX

Transcripts72
Date range2007-07-20 – 2025-04-23
Calls charted72

Sentiment timeline

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

-20-10+0+10+202007 Q22009 Q32011 Q42014 Q12016 Q22018 Q32020 Q42023 Q12007 Q2 · Overall: +1.82007 Q3 · Overall: +1.42007 Q4 · Overall: +3.32008 Q1 · Overall: +3.92008 Q2 · Overall: +3.92008 Q3 · Overall: +4.12008 Q4 · Overall: +4.12009 Q1 · Overall: +6.52009 Q2 · Overall: +6.62009 Q3 · Overall: -2.52009 Q4 · Overall: +0.62010 Q1 · Overall: +4.42010 Q2 · Overall: -0.22010 Q3 · Overall: +3.72010 Q4 · Overall: +1.22011 Q1 · Overall: +2.22011 Q2 · Overall: +4.12011 Q3 · Overall: +5.32011 Q4 · Overall: +6.62012 Q1 · Overall: +7.62012 Q2 · Overall: +7.92012 Q3 · Overall: +5.62012 Q4 · Overall: +9.42013 Q1 · Overall: +9.22013 Q2 · Overall: +12.02013 Q3 · Overall: +11.02013 Q4 · Overall: +11.72014 Q1 · Overall: +12.72014 Q2 · Overall: +8.32014 Q3 · Overall: +9.82014 Q4 · Overall: +10.72015 Q1 · Overall: +13.12015 Q2 · Overall: +8.42015 Q3 · Overall: +8.52015 Q4 · Overall: +11.32016 Q1 · Overall: +11.12016 Q2 · Overall: +11.22016 Q3 · Overall: +10.62016 Q4 · Overall: +8.92017 Q1 · Overall: +9.22017 Q2 · Overall: +10.12017 Q3 · Overall: +6.42017 Q4 · Overall: +9.42018 Q1 · Overall: +10.12018 Q2 · Overall: +11.82018 Q3 · Overall: +11.02018 Q4 · Overall: -3.22019 Q1 · Overall: +6.82019 Q2 · Overall: +3.42019 Q3 · Overall: +6.32019 Q4 · Overall: +5.72020 Q1 · Overall: -6.62020 Q2 · Overall: -0.42020 Q3 · Overall: +6.62020 Q4 · Overall: +6.42021 Q1 · Overall: +14.92021 Q2 · Overall: +17.02021 Q3 · Overall: +8.72021 Q4 · Overall: +8.32022 Q1 · Overall: +10.02022 Q2 · Overall: +8.72022 Q3 · Overall: +8.22022 Q4 · Overall: +8.12023 Q1 · Overall: +10.02023 Q2 · Overall: +11.82023 Q3 · Overall: +7.72023 Q4 · Overall: +7.92024 Q1 · Overall: +3.42024 Q2 · Overall: +8.62024 Q3 · Overall: +9.42024 Q4 · Overall: +11.02025 Q1 · Overall: +14.1
Overall

CEO vs CFO

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

-37-19+0+19+372007 Q22009 Q32011 Q42014 Q12016 Q22018 Q32020 Q42023 Q12007 Q2 · CEO: +6.62007 Q3 · CEO: +12.32008 Q1 · CEO: +14.32008 Q3 · CEO: +15.52008 Q4 · CEO: +13.42009 Q1 · CEO: -0.82009 Q2 · CEO: +12.32009 Q4 · CEO: +6.42010 Q1 · CEO: +15.42010 Q2 · CEO: +3.42010 Q3 · CEO: +8.02010 Q4 · CEO: +5.92011 Q1 · CEO: +6.42011 Q2 · CEO: +11.12011 Q3 · CEO: +9.02011 Q4 · CEO: +18.52012 Q1 · CEO: +19.12012 Q2 · CEO: +14.52012 Q3 · CEO: +13.22012 Q4 · CEO: +23.12013 Q1 · CEO: +21.62013 Q2 · CEO: +21.82013 Q3 · CEO: +23.12013 Q4 · CEO: +24.82014 Q1 · CEO: +19.62014 Q2 · CEO: +18.72014 Q3 · CEO: +25.52014 Q4 · CEO: +14.72015 Q1 · CEO: +32.22016 Q3 · CEO: +25.12016 Q4 · CEO: +26.42017 Q1 · CEO: +23.02017 Q2 · CEO: +18.02017 Q3 · CEO: +11.92017 Q4 · CEO: +17.42018 Q1 · CEO: +20.52018 Q2 · CEO: +24.42018 Q3 · CEO: +24.52018 Q4 · CEO: +0.92019 Q1 · CEO: +11.82019 Q2 · CEO: +2.62019 Q3 · CEO: +12.52019 Q4 · CEO: +11.02020 Q1 · CEO: -5.72020 Q2 · CEO: +5.42020 Q3 · CEO: +18.22020 Q4 · CEO: +5.82021 Q1 · CEO: +18.02021 Q2 · CEO: +20.52021 Q3 · CEO: +10.42021 Q4 · CEO: +11.62022 Q1 · CEO: +10.22022 Q2 · CEO: +11.82022 Q3 · CEO: +21.82022 Q4 · CEO: +20.52023 Q1 · CEO: +23.92023 Q2 · CEO: +24.82023 Q3 · CEO: +22.82023 Q4 · CEO: +20.22024 Q1 · CEO: +27.12024 Q2 · CEO: +18.32024 Q3 · CEO: +18.42024 Q4 · CEO: +22.42025 Q1 · CEO: +26.22007 Q2 · CFO: +4.02007 Q3 · CFO: -6.02008 Q1 · CFO: -0.52008 Q4 · CFO: +1.82009 Q1 · CFO: +12.02009 Q2 · CFO: +2.82009 Q3 · CFO: -4.22009 Q4 · CFO: -2.52010 Q1 · CFO: -4.32010 Q2 · CFO: +0.52010 Q3 · CFO: +0.52010 Q4 · CFO: -0.92011 Q1 · CFO: +2.02011 Q2 · CFO: +0.52011 Q3 · CFO: +4.42011 Q4 · CFO: +5.42012 Q1 · CFO: +7.12012 Q2 · CFO: +6.22012 Q3 · CFO: +3.62012 Q4 · CFO: +3.72013 Q1 · CFO: +7.32013 Q2 · CFO: +11.82013 Q3 · CFO: +9.02013 Q4 · CFO: +8.02014 Q1 · CFO: +12.12014 Q2 · CFO: +5.22014 Q3 · CFO: +4.42014 Q4 · CFO: +6.92015 Q1 · CFO: +7.42016 Q3 · CFO: +1.82016 Q4 · CFO: +1.52017 Q1 · CFO: +1.22017 Q2 · CFO: +3.72017 Q3 · CFO: +5.22017 Q4 · CFO: +7.22018 Q1 · CFO: +7.62018 Q2 · CFO: +6.12018 Q3 · CFO: +6.82018 Q4 · CFO: -14.22019 Q1 · CFO: +1.32019 Q2 · CFO: +11.02019 Q3 · CFO: -4.32019 Q4 · CFO: +6.32020 Q1 · CFO: -10.92020 Q2 · CFO: -9.22020 Q3 · CFO: -0.72020 Q4 · CFO: +8.22021 Q1 · CFO: +8.52021 Q2 · CFO: +18.12021 Q3 · CFO: +15.52021 Q4 · CFO: +9.72022 Q1 · CFO: +13.32022 Q2 · CFO: +8.32022 Q3 · CFO: +4.72022 Q4 · CFO: +1.32023 Q1 · CFO: -2.02023 Q2 · CFO: +10.22023 Q3 · CFO: +7.62023 Q4 · CFO: +3.62024 Q1 · CFO: -5.22024 Q2 · CFO: +4.22024 Q3 · CFO: +5.32024 Q4 · CFO: +15.32025 Q1 · CFO: +7.4
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-27-14+0+14+272007 Q22009 Q32011 Q42014 Q12016 Q22018 Q32020 Q42023 Q12007 Q2 · Prepared remarks: +7.32007 Q3 · Prepared remarks: +4.82007 Q4 · Prepared remarks: +9.32008 Q1 · Prepared remarks: +8.72008 Q2 · Prepared remarks: +9.02008 Q3 · Prepared remarks: +6.92008 Q4 · Prepared remarks: +7.02009 Q1 · Prepared remarks: +12.42009 Q2 · Prepared remarks: +9.12009 Q3 · Prepared remarks: +0.32009 Q4 · Prepared remarks: +4.12010 Q1 · Prepared remarks: +4.42010 Q2 · Prepared remarks: +4.12010 Q3 · Prepared remarks: +7.42010 Q4 · Prepared remarks: +2.42011 Q1 · Prepared remarks: +4.32011 Q2 · Prepared remarks: +6.82011 Q3 · Prepared remarks: +8.12011 Q4 · Prepared remarks: +11.12012 Q1 · Prepared remarks: +12.12012 Q2 · Prepared remarks: +8.82012 Q3 · Prepared remarks: +9.22012 Q4 · Prepared remarks: +13.62013 Q1 · Prepared remarks: +15.32013 Q2 · Prepared remarks: +14.72013 Q3 · Prepared remarks: +14.92013 Q4 · Prepared remarks: +16.22014 Q1 · Prepared remarks: +18.52014 Q2 · Prepared remarks: +12.92014 Q3 · Prepared remarks: +14.02014 Q4 · Prepared remarks: +15.52015 Q1 · Prepared remarks: +13.52015 Q2 · Prepared remarks: +8.12015 Q3 · Prepared remarks: +9.22015 Q4 · Prepared remarks: +11.62016 Q1 · Prepared remarks: +13.62016 Q2 · Prepared remarks: +12.32016 Q3 · Prepared remarks: +16.82016 Q4 · Prepared remarks: +12.12017 Q1 · Prepared remarks: +7.82017 Q2 · Prepared remarks: +8.42017 Q3 · Prepared remarks: +6.82017 Q4 · Prepared remarks: +11.82018 Q1 · Prepared remarks: +15.12018 Q2 · Prepared remarks: +15.32018 Q3 · Prepared remarks: +12.12018 Q4 · Prepared remarks: -5.02019 Q1 · Prepared remarks: +6.62019 Q2 · Prepared remarks: +4.82019 Q3 · Prepared remarks: +8.12019 Q4 · Prepared remarks: +9.22020 Q1 · Prepared remarks: -5.82020 Q2 · Prepared remarks: +1.12020 Q3 · Prepared remarks: +0.02020 Q4 · Prepared remarks: +5.62021 Q1 · Prepared remarks: +18.22021 Q2 · Prepared remarks: +23.62021 Q3 · Prepared remarks: +9.62021 Q4 · Prepared remarks: +14.02022 Q1 · Prepared remarks: +9.62022 Q2 · Prepared remarks: +10.42022 Q3 · Prepared remarks: +11.62022 Q4 · Prepared remarks: +9.72023 Q1 · Prepared remarks: +11.92023 Q2 · Prepared remarks: +8.92023 Q3 · Prepared remarks: +11.92023 Q4 · Prepared remarks: +10.42024 Q1 · Prepared remarks: +9.12024 Q2 · Prepared remarks: +7.42024 Q3 · Prepared remarks: +9.32024 Q4 · Prepared remarks: +13.02025 Q1 · Prepared remarks: +16.12007 Q2 · Q&A responses: +1.62007 Q3 · Q&A responses: -0.82007 Q4 · Q&A responses: -5.12008 Q1 · Q&A responses: +3.22008 Q2 · Q&A responses: +4.62008 Q3 · Q&A responses: +5.42008 Q4 · Q&A responses: +2.12009 Q1 · Q&A responses: +0.62009 Q2 · Q&A responses: +7.22009 Q3 · Q&A responses: -3.62009 Q4 · Q&A responses: -2.52010 Q2 · Q&A responses: -2.12010 Q3 · Q&A responses: +3.52010 Q4 · Q&A responses: -0.42011 Q1 · Q&A responses: -1.52011 Q2 · Q&A responses: +1.22011 Q3 · Q&A responses: +3.02011 Q4 · Q&A responses: +5.12012 Q1 · Q&A responses: +2.92012 Q2 · Q&A responses: +8.32012 Q3 · Q&A responses: +4.82012 Q4 · Q&A responses: +7.12013 Q1 · Q&A responses: +6.12013 Q2 · Q&A responses: +10.72013 Q3 · Q&A responses: +9.52013 Q4 · Q&A responses: +11.32014 Q1 · Q&A responses: +11.22014 Q2 · Q&A responses: +6.92014 Q3 · Q&A responses: +12.42014 Q4 · Q&A responses: +7.92015 Q2 · Q&A responses: +12.72015 Q3 · Q&A responses: +11.82015 Q4 · Q&A responses: +13.12016 Q1 · Q&A responses: +13.32016 Q2 · Q&A responses: +11.52016 Q3 · Q&A responses: +14.42016 Q4 · Q&A responses: +9.12017 Q1 · Q&A responses: +15.52017 Q2 · Q&A responses: +12.02017 Q4 · Q&A responses: +8.92018 Q1 · Q&A responses: +5.92018 Q2 · Q&A responses: +12.82018 Q3 · Q&A responses: +20.12018 Q4 · Q&A responses: -1.82019 Q1 · Q&A responses: +14.22019 Q2 · Q&A responses: +1.32019 Q3 · Q&A responses: +2.62019 Q4 · Q&A responses: +8.52020 Q1 · Q&A responses: -7.82020 Q2 · Q&A responses: -3.22020 Q3 · Q&A responses: +13.02021 Q1 · Q&A responses: +13.12021 Q2 · Q&A responses: +11.42021 Q3 · Q&A responses: +12.32021 Q4 · Q&A responses: +5.42022 Q1 · Q&A responses: +13.02022 Q2 · Q&A responses: +10.92022 Q3 · Q&A responses: +12.32022 Q4 · Q&A responses: +10.22023 Q1 · Q&A responses: +12.02023 Q2 · Q&A responses: +19.42023 Q3 · Q&A responses: +9.22023 Q4 · Q&A responses: +12.32024 Q1 · Q&A responses: +11.32024 Q2 · Q&A responses: +12.72024 Q3 · Q&A responses: +12.52024 Q4 · Q&A responses: +18.32025 Q1 · Q&A responses: +18.7
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

$0.57$1.69$2.802007 Q22009 Q32011 Q42014 Q12016 Q22018 Q32020 Q42023 Q12014 Q1: $0.722014 Q2: $0.852014 Q3: $0.882014 Q4: $0.912015 Q1: $0.942015 Q2: $0.962015 Q3: $1.022015 Q4: $1.052016 Q1: $1.082016 Q2: $1.172016 Q3: $1.222016 Q4: $1.262017 Q1: $1.282017 Q2: $1.332017 Q3: $1.362017 Q4: $1.392018 Q1: $1.422018 Q2: $1.482018 Q3: $1.532018 Q4: $1.582019 Q1: $1.632019 Q2: $1.682019 Q3: $1.732019 Q4: $1.792020 Q1: $1.812020 Q2: $1.322020 Q3: $1.502020 Q4: $1.632021 Q1: $1.612021 Q2: $1.712021 Q3: $1.802021 Q4: $1.872022 Q1: $1.832022 Q2: $1.892022 Q3: $1.932022 Q4: $1.932023 Q1: $1.972023 Q2: $2.082023 Q3: $2.182023 Q4: $2.242024 Q1: $2.332024 Q2: $2.492024 Q3: $2.65

Forward P/E

12.5122.5232.542007 Q22009 Q32011 Q42014 Q12016 Q22018 Q32020 Q42023 Q12014 Q1: 18.142014 Q2: 14.872014 Q3: 13.892014 Q4: 14.312015 Q1: 18.892015 Q2: 18.342015 Q3: 16.732015 Q4: 17.982016 Q1: 16.492016 Q2: 19.572016 Q3: 18.942016 Q4: 16.832017 Q1: 19.182017 Q2: 20.922017 Q3: 21.302017 Q4: 18.502018 Q1: 19.802018 Q2: 21.442018 Q3: 24.462018 Q4: 21.512019 Q1: 24.682019 Q2: 24.872019 Q3: 24.762019 Q4: 24.992020 Q1: 15.032020 Q2: 27.842020 Q3: 26.842020 Q4: 21.552021 Q1: 24.112021 Q2: 25.022021 Q3: 24.942021 Q4: 21.522022 Q1: 23.962022 Q2: 19.062022 Q3: 21.852022 Q4: 24.452023 Q1: 24.352023 Q2: 25.632023 Q3: 24.432023 Q4: 25.212024 Q1: 28.402024 Q2: 30.652024 Q3: 31.16

Divergence watch

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

  • 2014 Q2 tone ↓ -4.4 fwd EPS ↑ +0.12 Tone cooled even as the forward EPS estimate rose.
  • 2015 Q2 tone ↓ -4.7 fwd EPS ↑ +0.02 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q3 tone ↓ -3.7 fwd EPS ↑ +0.03 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q4 tone ↓ -14.2 fwd EPS ↑ +0.05 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q2 tone ↓ -3.5 fwd EPS ↑ +0.05 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q1 tone ↓ -12.3 fwd EPS ↑ +0.02 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q2 tone ↑ +6.2 fwd EPS ↓ -0.49 Tone rose while the forward EPS estimate was cut.
  • 2021 Q1 tone ↑ +8.6 fwd EPS ↓ -0.02 Tone rose while the forward EPS estimate was cut.
  • 2021 Q3 tone ↓ -8.3 fwd EPS ↑ +0.09 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q3 tone ↓ -4.1 fwd EPS ↑ +0.10 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↓ -4.5 fwd EPS ↑ +0.08 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-04-23+14.1View →
2024 Q42025-02-05+11.0View →
2024 Q32024-10-23+9.4$2.6531.2View →
2024 Q22024-07-24+8.6$2.4930.6View →
2024 Q12024-04-24+3.4$2.3328.4View →
2023 Q42024-01-31+7.9$2.2425.2View →
2023 Q32023-10-26+7.7$2.1824.4View →
2023 Q22023-07-27+11.8$2.0825.6View →