Subtext

Quest Diagnostics Incorporated DGX

SectorHealth Care
Transcripts72
Date range2007-07-24 – 2025-04-22
Calls charted72

Sentiment timeline

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

-18-9+0+9+182007 Q22009 Q32011 Q42014 Q12016 Q22018 Q32020 Q42023 Q12007 Q2 · Overall: +7.92007 Q3 · Overall: +4.02007 Q4 · Overall: +9.32008 Q1 · Overall: +0.12008 Q2 · Overall: +6.52008 Q3 · Overall: +3.72008 Q4 · Overall: +5.82009 Q1 · Overall: +6.02009 Q2 · Overall: +5.22009 Q3 · Overall: +7.02009 Q4 · Overall: +4.82010 Q1 · Overall: +6.32010 Q2 · Overall: +5.82010 Q3 · Overall: +3.22010 Q4 · Overall: +3.22011 Q1 · Overall: +0.92011 Q2 · Overall: +2.92011 Q3 · Overall: +4.52011 Q4 · Overall: +3.32012 Q1 · Overall: +2.62012 Q2 · Overall: +4.32012 Q3 · Overall: +6.52012 Q4 · Overall: +4.72013 Q1 · Overall: +7.32013 Q2 · Overall: +10.82013 Q3 · Overall: +4.12013 Q4 · Overall: +6.12014 Q1 · Overall: +10.42014 Q2 · Overall: +8.92014 Q3 · Overall: +6.22014 Q4 · Overall: +12.82015 Q1 · Overall: +11.52015 Q2 · Overall: +12.52015 Q3 · Overall: +6.92015 Q4 · Overall: +12.02016 Q1 · Overall: +11.82016 Q2 · Overall: +13.92016 Q3 · Overall: +11.12016 Q4 · Overall: +10.62017 Q1 · Overall: +6.22017 Q2 · Overall: +10.02017 Q3 · Overall: +8.72017 Q4 · Overall: +11.82018 Q1 · Overall: +8.72018 Q2 · Overall: +8.82018 Q3 · Overall: +10.12018 Q4 · Overall: +4.42019 Q1 · Overall: +8.62019 Q2 · Overall: +7.72019 Q3 · Overall: +10.52019 Q4 · Overall: +10.52020 Q1 · Overall: -0.62020 Q2 · Overall: +0.52020 Q3 · Overall: +4.82020 Q4 · Overall: +7.72021 Q1 · Overall: +2.02021 Q2 · Overall: +6.22021 Q3 · Overall: +7.42021 Q4 · Overall: +10.62022 Q1 · Overall: +11.52022 Q2 · Overall: +6.82022 Q3 · Overall: +9.72022 Q4 · Overall: +3.82023 Q1 · Overall: +8.82023 Q2 · Overall: +16.02023 Q3 · Overall: +13.82023 Q4 · Overall: +5.22024 Q1 · Overall: +12.02024 Q2 · Overall: +11.02024 Q3 · Overall: +7.32024 Q4 · Overall: +10.32025 Q1 · Overall: +6.9
Overall

CEO vs CFO

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

-29-15+0+15+292007 Q22009 Q32011 Q42014 Q12016 Q22018 Q32020 Q42023 Q12007 Q2 · CEO: +17.22007 Q4 · CEO: +14.22008 Q4 · CEO: +20.22009 Q1 · CEO: +14.02009 Q2 · CEO: +11.42009 Q3 · CEO: +16.02009 Q4 · CEO: +20.82010 Q1 · CEO: +9.52010 Q2 · CEO: +13.92010 Q3 · CEO: +17.52010 Q4 · CEO: +13.62011 Q1 · CEO: +14.42011 Q2 · CEO: +7.62011 Q3 · CEO: +11.32011 Q4 · CEO: +12.92012 Q1 · CEO: +14.32012 Q2 · CEO: +14.52012 Q3 · CEO: +17.12012 Q4 · CEO: +15.52013 Q1 · CEO: +15.02013 Q2 · CEO: +18.82013 Q3 · CEO: +10.42013 Q4 · CEO: +9.12014 Q1 · CEO: +16.42014 Q2 · CEO: +16.92014 Q3 · CEO: +12.92014 Q4 · CEO: +24.52015 Q1 · CEO: +24.62016 Q1 · CEO: +22.02016 Q3 · CEO: +16.32016 Q4 · CEO: +21.42017 Q1 · CEO: +10.62017 Q2 · CEO: +16.52017 Q3 · CEO: +12.92017 Q4 · CEO: +24.22018 Q1 · CEO: +17.42018 Q2 · CEO: +17.72018 Q3 · CEO: +24.92018 Q4 · CEO: +20.22019 Q1 · CEO: +20.02019 Q2 · CEO: +16.52019 Q3 · CEO: +18.32019 Q4 · CEO: +20.32020 Q1 · CEO: +2.72020 Q2 · CEO: +5.82020 Q3 · CEO: +10.72020 Q4 · CEO: +13.82021 Q1 · CEO: +8.82021 Q2 · CEO: +13.32021 Q3 · CEO: +15.22021 Q4 · CEO: +15.52022 Q1 · CEO: +25.62022 Q2 · CEO: +13.42022 Q3 · CEO: +17.52022 Q4 · CEO: +12.22023 Q1 · CEO: +16.92023 Q2 · CEO: +24.92023 Q3 · CEO: +21.62023 Q4 · CEO: +18.22024 Q1 · CEO: +21.22024 Q2 · CEO: +20.72024 Q3 · CEO: +20.32024 Q4 · CEO: +20.72025 Q1 · CEO: +11.32007 Q2 · CFO: +7.42007 Q3 · CFO: +8.72007 Q4 · CFO: +0.02008 Q2 · CFO: +9.32008 Q3 · CFO: +0.02008 Q4 · CFO: +6.62009 Q1 · CFO: +12.22009 Q2 · CFO: +10.32009 Q3 · CFO: +13.32009 Q4 · CFO: +8.22010 Q1 · CFO: +8.82010 Q2 · CFO: +9.82010 Q3 · CFO: +5.42010 Q4 · CFO: +3.32011 Q1 · CFO: +1.82011 Q2 · CFO: +8.02011 Q3 · CFO: +9.82011 Q4 · CFO: +8.62012 Q1 · CFO: +6.82012 Q2 · CFO: +4.62012 Q3 · CFO: +7.32012 Q4 · CFO: +0.72013 Q1 · CFO: +9.72013 Q3 · CFO: +4.62013 Q4 · CFO: +9.72014 Q1 · CFO: +4.12014 Q2 · CFO: +9.12014 Q3 · CFO: +6.62014 Q4 · CFO: +6.12015 Q1 · CFO: +2.22016 Q1 · CFO: +5.32016 Q3 · CFO: +6.02016 Q4 · CFO: +6.62017 Q1 · CFO: +3.62017 Q2 · CFO: +4.62017 Q3 · CFO: +6.42017 Q4 · CFO: +1.82018 Q1 · CFO: +1.22018 Q2 · CFO: +6.12018 Q3 · CFO: +5.02018 Q4 · CFO: -5.72019 Q1 · CFO: +3.42019 Q2 · CFO: +5.02019 Q3 · CFO: +6.72019 Q4 · CFO: +5.62020 Q1 · CFO: -1.82020 Q2 · CFO: -4.82020 Q3 · CFO: +4.62020 Q4 · CFO: +4.12021 Q1 · CFO: +0.62021 Q2 · CFO: +10.32021 Q3 · CFO: +6.32021 Q4 · CFO: +4.52022 Q1 · CFO: -0.82022 Q2 · CFO: +3.42022 Q3 · CFO: -6.72022 Q4 · CFO: -2.42023 Q1 · CFO: +5.72023 Q2 · CFO: +15.52023 Q3 · CFO: +11.22023 Q4 · CFO: -3.82024 Q1 · CFO: +6.22024 Q2 · CFO: +6.02024 Q3 · CFO: +4.62024 Q4 · CFO: +2.42025 Q1 · CFO: +13.7
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-32-16+0+16+322007 Q22009 Q32011 Q42014 Q12016 Q22018 Q32020 Q42023 Q12007 Q2 · Prepared remarks: +26.92007 Q3 · Prepared remarks: +12.82007 Q4 · Prepared remarks: +11.42008 Q1 · Prepared remarks: +10.32008 Q2 · Prepared remarks: +17.12008 Q3 · Prepared remarks: +10.82008 Q4 · Prepared remarks: +22.42009 Q1 · Prepared remarks: +18.62009 Q2 · Prepared remarks: +21.22009 Q3 · Prepared remarks: +23.92009 Q4 · Prepared remarks: +23.62010 Q1 · Prepared remarks: +7.82010 Q2 · Prepared remarks: +13.42010 Q3 · Prepared remarks: +16.92010 Q4 · Prepared remarks: +2.82011 Q1 · Prepared remarks: +15.72011 Q2 · Prepared remarks: +15.12011 Q3 · Prepared remarks: +14.92011 Q4 · Prepared remarks: +16.72012 Q1 · Prepared remarks: +18.42012 Q2 · Prepared remarks: +10.32012 Q3 · Prepared remarks: +17.52012 Q4 · Prepared remarks: +14.52013 Q1 · Prepared remarks: +14.62013 Q2 · Prepared remarks: +15.32013 Q3 · Prepared remarks: +14.02013 Q4 · Prepared remarks: +18.12014 Q1 · Prepared remarks: +11.62014 Q2 · Prepared remarks: +19.52014 Q3 · Prepared remarks: +21.82014 Q4 · Prepared remarks: +22.02015 Q1 · Prepared remarks: +18.92015 Q2 · Prepared remarks: +25.52015 Q3 · Prepared remarks: +15.92015 Q4 · Prepared remarks: +18.92016 Q1 · Prepared remarks: +17.82016 Q2 · Prepared remarks: +11.62016 Q3 · Prepared remarks: +11.22016 Q4 · Prepared remarks: +21.62017 Q1 · Prepared remarks: +12.62017 Q2 · Prepared remarks: +18.72017 Q3 · Prepared remarks: +12.32017 Q4 · Prepared remarks: +16.82018 Q1 · Prepared remarks: +12.12018 Q2 · Prepared remarks: +11.72018 Q3 · Prepared remarks: +11.22018 Q4 · Prepared remarks: +9.12019 Q1 · Prepared remarks: +25.12019 Q2 · Prepared remarks: +14.92019 Q3 · Prepared remarks: +15.12019 Q4 · Prepared remarks: +18.12020 Q1 · Prepared remarks: -2.92020 Q2 · Prepared remarks: +1.82020 Q3 · Prepared remarks: +11.12020 Q4 · Prepared remarks: -3.12021 Q1 · Prepared remarks: -5.72021 Q2 · Prepared remarks: +6.52021 Q3 · Prepared remarks: +10.82021 Q4 · Prepared remarks: +15.42022 Q1 · Prepared remarks: +13.82022 Q2 · Prepared remarks: +12.72022 Q3 · Prepared remarks: +10.42022 Q4 · Prepared remarks: +4.22023 Q1 · Prepared remarks: +8.32023 Q2 · Prepared remarks: +25.12023 Q3 · Prepared remarks: +22.12023 Q4 · Prepared remarks: +20.12024 Q1 · Prepared remarks: +18.62024 Q2 · Prepared remarks: +27.62024 Q3 · Prepared remarks: +17.62024 Q4 · Prepared remarks: +22.62025 Q1 · Prepared remarks: +16.92007 Q2 · Q&A responses: +0.82007 Q3 · Q&A responses: +3.32007 Q4 · Q&A responses: +0.02008 Q1 · Q&A responses: -0.62008 Q2 · Q&A responses: +7.12008 Q3 · Q&A responses: +1.62008 Q4 · Q&A responses: +3.02009 Q1 · Q&A responses: +5.82009 Q2 · Q&A responses: +2.72009 Q3 · Q&A responses: +8.02009 Q4 · Q&A responses: +4.12010 Q1 · Q&A responses: +6.62010 Q2 · Q&A responses: +8.72010 Q3 · Q&A responses: +6.32010 Q4 · Q&A responses: +10.32011 Q1 · Q&A responses: +3.22011 Q2 · Q&A responses: +4.82011 Q3 · Q&A responses: +7.52011 Q4 · Q&A responses: +4.02012 Q1 · Q&A responses: +2.92012 Q2 · Q&A responses: +7.42012 Q3 · Q&A responses: +8.72012 Q4 · Q&A responses: +5.62013 Q1 · Q&A responses: +10.12013 Q2 · Q&A responses: +11.22013 Q3 · Q&A responses: +4.32013 Q4 · Q&A responses: +4.52014 Q1 · Q&A responses: +13.32014 Q2 · Q&A responses: +7.42014 Q3 · Q&A responses: +3.22014 Q4 · Q&A responses: +11.82015 Q1 · Q&A responses: +13.22015 Q2 · Q&A responses: +11.12015 Q3 · Q&A responses: +7.82015 Q4 · Q&A responses: +14.92016 Q1 · Q&A responses: +15.02016 Q2 · Q&A responses: +19.72016 Q3 · Q&A responses: +14.72016 Q4 · Q&A responses: +12.22017 Q1 · Q&A responses: +5.92017 Q2 · Q&A responses: +11.42017 Q3 · Q&A responses: +9.82017 Q4 · Q&A responses: +12.62018 Q1 · Q&A responses: +10.42018 Q2 · Q&A responses: +12.52018 Q3 · Q&A responses: +12.52018 Q4 · Q&A responses: +7.02019 Q1 · Q&A responses: +8.32019 Q2 · Q&A responses: +10.72019 Q3 · Q&A responses: +12.02019 Q4 · Q&A responses: +12.12020 Q1 · Q&A responses: +2.02020 Q2 · Q&A responses: +1.52020 Q3 · Q&A responses: +5.72020 Q4 · Q&A responses: +8.82021 Q1 · Q&A responses: +7.52021 Q2 · Q&A responses: +11.12021 Q3 · Q&A responses: +9.22021 Q4 · Q&A responses: +10.52022 Q1 · Q&A responses: +13.22022 Q2 · Q&A responses: +6.02022 Q3 · Q&A responses: +13.62022 Q4 · Q&A responses: +7.62023 Q1 · Q&A responses: +14.42023 Q2 · Q&A responses: +16.42023 Q3 · Q&A responses: +12.32023 Q4 · Q&A responses: -1.22024 Q1 · Q&A responses: +13.72024 Q2 · Q&A responses: +8.62024 Q3 · Q&A responses: +9.12024 Q4 · Q&A responses: +9.52025 Q1 · Q&A responses: +8.8
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

$3.61$7.21$10.812007 Q22009 Q32011 Q42014 Q12016 Q22018 Q32020 Q42023 Q12014 Q1: $4.102014 Q2: $4.202014 Q3: $4.282014 Q4: $4.382015 Q1: $4.862015 Q2: $4.942015 Q3: $5.022015 Q4: $5.092016 Q1: $5.172016 Q2: $5.252016 Q3: $5.372016 Q4: $5.462017 Q1: $5.542017 Q2: $5.722017 Q3: $5.892017 Q4: $5.772018 Q1: $6.672018 Q2: $6.792018 Q3: $6.922018 Q4: $6.622019 Q1: $6.532019 Q2: $6.632019 Q3: $6.732019 Q4: $6.752020 Q1: $6.732020 Q2: $6.392020 Q3: $8.972020 Q4: $10.302021 Q1: $10.312021 Q2: $9.562021 Q3: $9.062021 Q4: $8.782022 Q1: $8.902022 Q2: $8.842022 Q3: $8.782022 Q4: $8.492023 Q1: $8.852023 Q2: $8.912023 Q3: $8.992023 Q4: $9.052024 Q1: $8.912024 Q2: $9.152024 Q3: $9.442024 Q4: $9.76

Forward P/E

10.9015.3519.792007 Q22009 Q32011 Q42014 Q12016 Q22018 Q32020 Q42023 Q12014 Q1: 13.602014 Q2: 13.952014 Q3: 14.692014 Q4: 14.562015 Q1: 15.732015 Q2: 14.742015 Q3: 13.522015 Q4: 13.512016 Q1: 13.482016 Q2: 14.612016 Q3: 15.302016 Q4: 16.682017 Q1: 18.002017 Q2: 18.752017 Q3: 18.142017 Q4: 16.842018 Q1: 15.722018 Q2: 16.292018 Q3: 15.542018 Q4: 12.702019 Q1: 13.522019 Q2: 15.372019 Q3: 15.782019 Q4: 15.882020 Q1: 11.512020 Q2: 17.792020 Q3: 12.762020 Q4: 11.752021 Q1: 11.942021 Q2: 13.332021 Q3: 17.192021 Q4: 19.182022 Q1: 16.102022 Q2: 14.582022 Q3: 14.132022 Q4: 17.802023 Q1: 15.022023 Q2: 15.282023 Q3: 14.242023 Q4: 15.592024 Q1: 14.522024 Q2: 15.012024 Q3: 16.472024 Q4: 15.50

Divergence watch ⚑

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

  • 2014 Q3 tone ↓ -2.7 fwd EPS ↑ +0.09 Tone cooled even as the forward EPS estimate rose.
  • 2015 Q3 tone ↓ -5.6 fwd EPS ↑ +0.08 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q3 tone ↓ -2.7 fwd EPS ↑ +0.12 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q1 tone ↓ -4.4 fwd EPS ↑ +0.08 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q4 tone ↑ +3.1 fwd EPS ↓ -0.12 Tone rose while the forward EPS estimate was cut.
  • 2018 Q1 tone ↓ -3.2 fwd EPS ↑ +0.91 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q1 tone ↑ +4.2 fwd EPS ↓ -0.09 Tone rose while the forward EPS estimate was cut.
  • 2021 Q2 tone ↑ +4.2 fwd EPS ↓ -0.75 Tone rose while the forward EPS estimate was cut.
  • 2021 Q4 tone ↑ +3.2 fwd EPS ↓ -0.28 Tone rose while the forward EPS estimate was cut.
  • 2024 Q1 tone ↑ +6.8 fwd EPS ↓ -0.14 Tone rose while the forward EPS estimate was cut.
  • 2024 Q3 tone ↓ -3.6 fwd EPS ↑ +0.29 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-04-22+6.9——View →
2024 Q42025-01-30+10.3$9.7615.5View →
2024 Q32024-10-22+7.3$9.4416.5View →
2024 Q22024-07-23+11.0$9.1515.0View →
2024 Q12024-04-23+12.0$8.9114.5View →
2023 Q42024-02-01+5.2$9.0515.6View →
2023 Q32023-10-24+13.8$8.9914.2View →
2023 Q22023-07-26+16.0$8.9115.3View →