Subtext

Edwards Lifesciences Corporation EW

SectorHealth Care
Transcripts56
Date range2011-07-22 – 2025-04-23
Calls charted56

Sentiment timeline

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

-13-7+0+7+132011 Q22013 Q12014 Q42016 Q32018 Q22020 Q12021 Q42023 Q32011 Q2 · Overall: +0.12011 Q3 · Overall: -2.12011 Q4 · Overall: -2.02012 Q1 · Overall: +1.02012 Q2 · Overall: +0.42012 Q3 · Overall: +0.72012 Q4 · Overall: +2.52013 Q1 · Overall: -1.82013 Q2 · Overall: +1.62013 Q3 · Overall: +4.42013 Q4 · Overall: +3.52014 Q1 · Overall: +0.92014 Q2 · Overall: +3.42014 Q3 · Overall: +5.12014 Q4 · Overall: +6.22015 Q1 · Overall: +5.02015 Q2 · Overall: +2.42015 Q3 · Overall: +8.22015 Q4 · Overall: +6.52016 Q1 · Overall: +3.52016 Q2 · Overall: +0.22016 Q3 · Overall: +2.52016 Q4 · Overall: +2.62017 Q1 · Overall: +5.42017 Q2 · Overall: +5.82017 Q3 · Overall: +8.12017 Q4 · Overall: +6.52018 Q1 · Overall: +8.82018 Q2 · Overall: +7.02018 Q3 · Overall: +6.72018 Q4 · Overall: +3.92019 Q1 · Overall: +7.52019 Q2 · Overall: +8.72019 Q3 · Overall: +6.22019 Q4 · Overall: +6.02020 Q1 · Overall: -3.52020 Q2 · Overall: +0.32020 Q3 · Overall: +2.12020 Q4 · Overall: +0.62021 Q1 · Overall: +5.52021 Q2 · Overall: +1.12021 Q3 · Overall: +4.82021 Q4 · Overall: +6.12022 Q1 · Overall: +11.62022 Q2 · Overall: +5.02022 Q3 · Overall: +2.92022 Q4 · Overall: +7.52023 Q1 · Overall: +11.62023 Q2 · Overall: +8.92023 Q3 · Overall: +10.82023 Q4 · Overall: +11.42024 Q1 · Overall: +9.42024 Q2 · Overall: +6.02024 Q3 · Overall: +3.82024 Q4 · Overall: +9.52025 Q1 · Overall: +8.7
Overall

CEO vs CFO

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

-39-20+0+20+392011 Q22013 Q12014 Q42016 Q32018 Q22020 Q12021 Q42023 Q32011 Q2 · CEO: +4.72011 Q3 · CEO: +6.42011 Q4 · CEO: +2.62012 Q1 · CEO: +4.72012 Q2 · CEO: +4.32012 Q3 · CEO: +5.82013 Q1 · CEO: +2.72013 Q2 · CEO: +4.92013 Q3 · CEO: +10.92013 Q4 · CEO: +13.22014 Q1 · CEO: +8.42014 Q2 · CEO: +12.52014 Q3 · CEO: +14.22014 Q4 · CEO: +14.72015 Q1 · CEO: +15.92015 Q2 · CEO: +13.02015 Q3 · CEO: +12.92015 Q4 · CEO: +15.12016 Q1 · CEO: +12.92016 Q2 · CEO: +7.12016 Q3 · CEO: +4.92016 Q4 · CEO: +7.72017 Q1 · CEO: +11.72017 Q2 · CEO: +9.82017 Q3 · CEO: +14.42017 Q4 · CEO: +14.92018 Q1 · CEO: +16.12018 Q2 · CEO: +18.02018 Q3 · CEO: +17.12018 Q4 · CEO: +16.62019 Q1 · CEO: +16.72019 Q2 · CEO: +16.22019 Q3 · CEO: +16.02019 Q4 · CEO: +17.72020 Q1 · CEO: +2.42020 Q2 · CEO: +6.52020 Q3 · CEO: +7.22020 Q4 · CEO: +6.12021 Q1 · CEO: +11.72021 Q2 · CEO: +6.72021 Q3 · CEO: +13.52021 Q4 · CEO: +16.42022 Q1 · CEO: +23.72022 Q2 · CEO: +9.92022 Q3 · CEO: +6.62022 Q4 · CEO: +15.12023 Q1 · CEO: +22.02023 Q2 · CEO: +28.02023 Q3 · CEO: +27.12023 Q4 · CEO: +30.52024 Q1 · CEO: +34.22024 Q2 · CEO: +23.82024 Q3 · CEO: +23.92025 Q1 · CEO: +17.22011 Q2 · CFO: +4.42011 Q3 · CFO: +1.82012 Q1 · CFO: +5.82012 Q2 · CFO: +4.72012 Q3 · CFO: +6.82013 Q1 · CFO: -1.12013 Q2 · CFO: +10.52013 Q3 · CFO: +7.02013 Q4 · CFO: +2.92014 Q1 · CFO: -4.42014 Q2 · CFO: +1.52014 Q3 · CFO: +0.02014 Q4 · CFO: +6.52015 Q1 · CFO: -4.92015 Q2 · CFO: +1.92015 Q3 · CFO: +11.32015 Q4 · CFO: +5.12016 Q1 · CFO: +0.02016 Q3 · CFO: +14.12016 Q4 · CFO: +6.02017 Q1 · CFO: +3.32017 Q2 · CFO: +10.72017 Q3 · CFO: +12.82017 Q4 · CFO: +8.02018 Q1 · CFO: +10.62018 Q2 · CFO: +11.32018 Q3 · CFO: +12.62018 Q4 · CFO: +4.72019 Q1 · CFO: +14.72019 Q2 · CFO: +13.42019 Q3 · CFO: +8.52019 Q4 · CFO: +8.82020 Q1 · CFO: -1.82020 Q2 · CFO: -4.62020 Q3 · CFO: -1.12020 Q4 · CFO: +8.12021 Q1 · CFO: +15.82021 Q2 · CFO: +14.52021 Q3 · CFO: +5.32021 Q4 · CFO: +0.72022 Q1 · CFO: +9.72022 Q2 · CFO: +10.52022 Q3 · CFO: +0.02022 Q4 · CFO: +2.02023 Q1 · CFO: +4.92023 Q2 · CFO: +12.52023 Q3 · CFO: +7.22023 Q4 · CFO: +5.42024 Q1 · CFO: +3.42024 Q2 · CFO: -9.42024 Q3 · CFO: -6.22025 Q1 · CFO: +4.1
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-31-15+0+15+312011 Q22013 Q12014 Q42016 Q32018 Q22020 Q12021 Q42023 Q32011 Q2 · Prepared remarks: +7.82011 Q3 · Prepared remarks: +9.72011 Q4 · Prepared remarks: +24.02012 Q1 · Prepared remarks: +7.42012 Q2 · Prepared remarks: +5.02012 Q3 · Prepared remarks: +8.92012 Q4 · Prepared remarks: +26.92013 Q1 · Prepared remarks: +0.42013 Q2 · Prepared remarks: +2.72013 Q3 · Prepared remarks: +4.52013 Q4 · Prepared remarks: +12.52014 Q1 · Prepared remarks: +10.62014 Q2 · Prepared remarks: +12.12014 Q3 · Prepared remarks: +11.82014 Q4 · Prepared remarks: +12.42015 Q1 · Prepared remarks: +17.82015 Q2 · Prepared remarks: +16.62015 Q3 · Prepared remarks: +16.12015 Q4 · Prepared remarks: +14.22016 Q1 · Prepared remarks: +6.52016 Q2 · Prepared remarks: +5.12016 Q3 · Prepared remarks: +9.72016 Q4 · Prepared remarks: +11.42017 Q1 · Prepared remarks: +13.22017 Q2 · Prepared remarks: +16.32017 Q3 · Prepared remarks: +16.32017 Q4 · Prepared remarks: +18.72018 Q1 · Prepared remarks: +17.02018 Q2 · Prepared remarks: +23.42018 Q3 · Prepared remarks: +17.72018 Q4 · Prepared remarks: +14.72019 Q1 · Prepared remarks: +26.82019 Q2 · Prepared remarks: +21.52019 Q3 · Prepared remarks: +17.72019 Q4 · Prepared remarks: +21.72020 Q1 · Prepared remarks: +3.32020 Q2 · Prepared remarks: +1.92020 Q3 · Prepared remarks: +7.12020 Q4 · Prepared remarks: +5.62021 Q1 · Prepared remarks: +12.02021 Q2 · Prepared remarks: +10.52021 Q3 · Prepared remarks: +17.72021 Q4 · Prepared remarks: +19.92022 Q1 · Prepared remarks: +21.22022 Q2 · Prepared remarks: +14.32022 Q3 · Prepared remarks: +7.32022 Q4 · Prepared remarks: +12.82023 Q1 · Prepared remarks: +20.02023 Q2 · Prepared remarks: +19.82023 Q3 · Prepared remarks: +16.72023 Q4 · Prepared remarks: +24.82024 Q1 · Prepared remarks: +26.12024 Q2 · Prepared remarks: +13.52024 Q3 · Prepared remarks: +13.52024 Q4 · Prepared remarks: +17.12025 Q1 · Prepared remarks: +20.82011 Q2 · Q&A responses: +2.62011 Q3 · Q&A responses: +2.82011 Q4 · Q&A responses: +1.02012 Q1 · Q&A responses: +2.52012 Q2 · Q&A responses: +3.92012 Q3 · Q&A responses: +3.42012 Q4 · Q&A responses: +5.22013 Q1 · Q&A responses: +0.02013 Q2 · Q&A responses: +6.42013 Q3 · Q&A responses: +11.62013 Q4 · Q&A responses: +7.52014 Q1 · Q&A responses: -1.62014 Q2 · Q&A responses: +5.22014 Q3 · Q&A responses: +6.42014 Q4 · Q&A responses: +8.62015 Q1 · Q&A responses: +6.42015 Q2 · Q&A responses: +2.72015 Q3 · Q&A responses: +9.82015 Q4 · Q&A responses: +9.72016 Q1 · Q&A responses: +7.32016 Q2 · Q&A responses: +4.32016 Q3 · Q&A responses: +4.12016 Q4 · Q&A responses: +3.22017 Q1 · Q&A responses: +5.22017 Q2 · Q&A responses: +3.32017 Q3 · Q&A responses: +12.72017 Q4 · Q&A responses: +7.82018 Q1 · Q&A responses: +9.52018 Q2 · Q&A responses: +7.72018 Q3 · Q&A responses: +11.62018 Q4 · Q&A responses: +6.92019 Q1 · Q&A responses: +7.92019 Q2 · Q&A responses: +7.32019 Q3 · Q&A responses: +6.02019 Q4 · Q&A responses: +7.22020 Q1 · Q&A responses: -3.42020 Q2 · Q&A responses: +7.82020 Q3 · Q&A responses: +4.12020 Q4 · Q&A responses: +3.82021 Q1 · Q&A responses: +11.22021 Q2 · Q&A responses: +6.92021 Q3 · Q&A responses: +4.72021 Q4 · Q&A responses: +4.22022 Q1 · Q&A responses: +13.42022 Q2 · Q&A responses: +6.02022 Q3 · Q&A responses: +4.92022 Q4 · Q&A responses: +9.42023 Q1 · Q&A responses: +17.12023 Q2 · Q&A responses: +13.02023 Q3 · Q&A responses: +15.32023 Q4 · Q&A responses: +10.62024 Q1 · Q&A responses: +12.72024 Q2 · Q&A responses: +3.92024 Q3 · Q&A responses: +4.52024 Q4 · Q&A responses: +9.82025 Q1 · Q&A responses: +5.9
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

$0.33$1.73$3.132011 Q22013 Q12014 Q42016 Q32018 Q22020 Q12021 Q42023 Q32014 Q1: $0.522014 Q2: $0.562014 Q3: $0.612014 Q4: $0.672015 Q1: $0.722015 Q2: $0.742015 Q3: $0.782015 Q4: $0.802016 Q1: $0.922016 Q2: $1.002016 Q3: $1.092016 Q4: $1.132017 Q1: $1.182017 Q2: $1.252017 Q3: $1.362017 Q4: $1.392018 Q1: $1.552018 Q2: $1.642018 Q3: $1.702018 Q4: $1.732019 Q1: $1.792019 Q2: $0.622019 Q3: $0.652019 Q4: $0.682020 Q1: $0.712020 Q2: $1.892020 Q3: $2.122020 Q4: $2.152021 Q1: $2.212021 Q2: $2.372021 Q3: $2.512021 Q4: $2.562022 Q1: $2.642022 Q2: $2.712022 Q3: $2.652022 Q4: $2.512023 Q1: $2.602023 Q2: $2.722023 Q3: $2.802023 Q4: $2.772024 Q1: $2.832024 Q2: $2.942024 Q3: $2.69

Forward P/E

16.3969.31122.242011 Q22013 Q12014 Q42016 Q32018 Q22020 Q12021 Q42023 Q32014 Q1: 23.692014 Q2: 24.462014 Q3: 28.002014 Q4: 32.272015 Q1: 34.352015 Q2: 31.682015 Q3: 29.942015 Q4: 33.992016 Q1: 31.252016 Q2: 32.462016 Q3: 35.162016 Q4: 26.502017 Q1: 26.602017 Q2: 30.552017 Q3: 27.452017 Q4: 27.682018 Q1: 30.232018 Q2: 30.982018 Q3: 29.122018 Q4: 29.612019 Q1: 33.082019 Q2: 102.952019 Q3: 112.432019 Q4: 114.942020 Q1: 80.812020 Q2: 37.052020 Q3: 39.612020 Q4: 39.582021 Q1: 36.292021 Q2: 42.342021 Q3: 48.262021 Q4: 46.842022 Q1: 41.592022 Q2: 32.702022 Q3: 35.482022 Q4: 30.212023 Q1: 30.632023 Q2: 33.282023 Q3: 26.162023 Q4: 27.162024 Q1: 32.782024 Q2: 30.162024 Q3: 25.13

Divergence watch ⚑

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

  • 2015 Q2 tone ↓ -2.5 fwd EPS ↑ +0.03 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q1 tone ↓ -3.0 fwd EPS ↑ +0.11 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q2 tone ↓ -3.3 fwd EPS ↑ +0.09 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q4 tone ↓ -2.8 fwd EPS ↑ +0.03 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q3 tone ↓ -2.5 fwd EPS ↑ +0.03 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q1 tone ↓ -9.5 fwd EPS ↑ +0.03 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q2 tone ↓ -4.3 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q2 tone ↓ -6.5 fwd EPS ↑ +0.07 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q4 tone ↑ +4.6 fwd EPS ↓ -0.14 Tone rose while the forward EPS estimate was cut.
  • 2023 Q2 tone ↓ -2.7 fwd EPS ↑ +0.12 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q2 tone ↓ -3.4 fwd EPS ↑ +0.10 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-04-23+8.7——View →
2024 Q42025-02-11+9.5——View →
2024 Q32024-10-24+3.8$2.6925.1View →
2024 Q22024-07-24+6.0$2.9430.2View →
2024 Q12024-04-25+9.4$2.8332.8View →
2023 Q42024-02-06+11.4$2.7727.2View →
2023 Q32023-10-26+10.8$2.8026.2View →
2023 Q22023-07-26+8.9$2.7233.3View →