Subtext

Henry Schein, Inc. HSIC

SectorHealth Care
Transcripts41
Date range2015-05-04 – 2025-05-05
Calls charted41

Sentiment timeline

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

-22-11+0+11+222015 Q12016 Q32018 Q12019 Q32021 Q12022 Q32024 Q12015 Q1 · Overall: +13.42015 Q2 · Overall: +13.12015 Q3 · Overall: +8.12015 Q4 · Overall: +13.72016 Q1 · Overall: +15.62016 Q2 · Overall: +9.02016 Q3 · Overall: +12.22016 Q4 · Overall: +11.72017 Q1 · Overall: +17.72017 Q2 · Overall: +11.92017 Q3 · Overall: +9.22017 Q4 · Overall: +5.22018 Q1 · Overall: +13.42018 Q2 · Overall: +18.92018 Q3 · Overall: +14.72018 Q4 · Overall: +10.52019 Q1 · Overall: +14.82019 Q2 · Overall: +7.92019 Q3 · Overall: +8.92019 Q4 · Overall: +11.12020 Q1 · Overall: -6.32020 Q2 · Overall: +1.82020 Q3 · Overall: +5.62020 Q4 · Overall: +9.62021 Q1 · Overall: +7.82021 Q2 · Overall: +7.72021 Q3 · Overall: +6.42021 Q4 · Overall: +6.42022 Q1 · Overall: +6.92022 Q2 · Overall: +12.72022 Q3 · Overall: +10.42022 Q4 · Overall: +5.12023 Q1 · Overall: +6.22023 Q2 · Overall: +6.42023 Q3 · Overall: -4.32023 Q4 · Overall: -2.42024 Q1 · Overall: +0.52024 Q2 · Overall: +1.92024 Q3 · Overall: +7.42024 Q4 · Overall: +4.02025 Q1 · Overall: +8.1
Overall

CEO vs CFO

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

-32-16+0+16+322015 Q12016 Q32018 Q12019 Q32021 Q12022 Q32024 Q12015 Q1 · CEO: +21.32015 Q2 · CEO: +25.02015 Q3 · CEO: +16.62015 Q4 · CEO: +22.72016 Q1 · CEO: +23.82016 Q2 · CEO: +17.02016 Q3 · CEO: +19.42016 Q4 · CEO: +21.92017 Q1 · CEO: +28.12017 Q2 · CEO: +20.02017 Q3 · CEO: +20.82017 Q4 · CEO: +9.92018 Q1 · CEO: +21.92018 Q2 · CEO: +27.22018 Q3 · CEO: +25.42018 Q4 · CEO: +20.92019 Q1 · CEO: +23.32019 Q2 · CEO: +14.02019 Q3 · CEO: +16.82019 Q4 · CEO: +21.42020 Q1 · CEO: -3.52020 Q2 · CEO: +6.32020 Q3 · CEO: +11.12020 Q4 · CEO: +16.42021 Q1 · CEO: +10.72021 Q2 · CEO: +15.22021 Q3 · CEO: +10.82021 Q4 · CEO: +14.92022 Q2 · CEO: +20.52022 Q3 · CEO: +16.62022 Q4 · CEO: +13.52023 Q1 · CEO: +24.02023 Q2 · CEO: +12.42023 Q3 · CEO: +0.82023 Q4 · CEO: +3.02024 Q1 · CEO: +7.42024 Q2 · CEO: +7.72024 Q3 · CEO: +13.82024 Q4 · CEO: +12.92025 Q1 · CEO: +17.92015 Q2 · CFO: +0.42015 Q4 · CFO: +7.02016 Q3 · CFO: +9.52016 Q4 · CFO: +3.52017 Q1 · CFO: +7.72017 Q2 · CFO: +2.62017 Q3 · CFO: +1.52017 Q4 · CFO: +4.92018 Q1 · CFO: +4.82018 Q2 · CFO: +8.62018 Q3 · CFO: +7.02018 Q4 · CFO: +3.82019 Q1 · CFO: +13.32019 Q2 · CFO: +0.02019 Q3 · CFO: +1.32019 Q4 · CFO: +5.42020 Q1 · CFO: -11.32020 Q2 · CFO: -5.72020 Q3 · CFO: +0.92020 Q4 · CFO: +2.42021 Q1 · CFO: +8.82021 Q2 · CFO: +1.22021 Q3 · CFO: +2.12021 Q4 · CFO: -2.22022 Q2 · CFO: +0.62022 Q3 · CFO: +12.12022 Q4 · CFO: -5.42023 Q1 · CFO: -2.32023 Q2 · CFO: +2.92023 Q3 · CFO: -5.52023 Q4 · CFO: -10.92024 Q1 · CFO: +5.52024 Q2 · CFO: -1.52024 Q3 · CFO: +6.12024 Q4 · CFO: -2.92025 Q1 · CFO: +2.0
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-27-14+0+14+272015 Q12016 Q32018 Q12019 Q32021 Q12022 Q32024 Q12015 Q1 · Prepared remarks: +11.62015 Q2 · Prepared remarks: +3.82015 Q3 · Prepared remarks: +8.82015 Q4 · Prepared remarks: +14.52016 Q1 · Prepared remarks: +16.02016 Q2 · Prepared remarks: +13.02016 Q3 · Prepared remarks: +10.32016 Q4 · Prepared remarks: +13.22017 Q1 · Prepared remarks: +19.42017 Q2 · Prepared remarks: +14.72017 Q3 · Prepared remarks: +7.42017 Q4 · Prepared remarks: +8.72018 Q1 · Prepared remarks: +16.82018 Q2 · Prepared remarks: +18.42018 Q3 · Prepared remarks: +16.82018 Q4 · Prepared remarks: +11.22019 Q1 · Prepared remarks: +18.42019 Q2 · Prepared remarks: +7.82019 Q3 · Prepared remarks: +9.82019 Q4 · Prepared remarks: +13.92020 Q1 · Prepared remarks: -8.92020 Q2 · Prepared remarks: -1.12020 Q3 · Prepared remarks: +8.42020 Q4 · Prepared remarks: +11.92021 Q1 · Prepared remarks: +10.32021 Q2 · Prepared remarks: +11.32021 Q3 · Prepared remarks: +9.62021 Q4 · Prepared remarks: +10.12022 Q1 · Prepared remarks: +7.02022 Q2 · Prepared remarks: +14.92022 Q3 · Prepared remarks: +15.32022 Q4 · Prepared remarks: +5.62023 Q1 · Prepared remarks: +9.32023 Q2 · Prepared remarks: +9.52023 Q3 · Prepared remarks: -5.82023 Q4 · Prepared remarks: -5.72024 Q1 · Prepared remarks: +14.12024 Q2 · Prepared remarks: +0.72024 Q3 · Prepared remarks: +5.92024 Q4 · Prepared remarks: +5.62025 Q1 · Prepared remarks: +9.32015 Q1 · Q&A responses: +16.22015 Q2 · Q&A responses: +22.92015 Q3 · Q&A responses: +9.82015 Q4 · Q&A responses: +16.12016 Q1 · Q&A responses: +17.52016 Q2 · Q&A responses: +7.62016 Q3 · Q&A responses: +17.62016 Q4 · Q&A responses: +12.42017 Q1 · Q&A responses: +20.32017 Q2 · Q&A responses: +10.62017 Q3 · Q&A responses: +19.72017 Q4 · Q&A responses: +5.82018 Q1 · Q&A responses: +13.12018 Q2 · Q&A responses: +23.62018 Q3 · Q&A responses: +18.32018 Q4 · Q&A responses: +15.42019 Q1 · Q&A responses: +17.52019 Q2 · Q&A responses: +11.02019 Q3 · Q&A responses: +10.12019 Q4 · Q&A responses: +14.82020 Q1 · Q&A responses: +0.02020 Q2 · Q&A responses: +11.42020 Q3 · Q&A responses: +4.92020 Q4 · Q&A responses: +9.32021 Q1 · Q&A responses: +8.32021 Q2 · Q&A responses: +6.82021 Q3 · Q&A responses: +0.52021 Q4 · Q&A responses: +1.92022 Q1 · Q&A responses: +11.12022 Q2 · Q&A responses: +16.42022 Q3 · Q&A responses: +13.92022 Q4 · Q&A responses: +9.42023 Q1 · Q&A responses: +9.92023 Q2 · Q&A responses: +7.62023 Q3 · Q&A responses: +2.22023 Q4 · Q&A responses: +4.02024 Q1 · Q&A responses: +4.02024 Q2 · Q&A responses: +8.42024 Q3 · Q&A responses: +13.42024 Q4 · Q&A responses: +4.62025 Q1 · Q&A responses: +15.0
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

$2.61$4.22$5.832015 Q12016 Q32018 Q12019 Q32021 Q12022 Q32024 Q12015 Q1: $3.052015 Q2: $3.132015 Q3: $3.212015 Q4: $3.312016 Q1: $3.402016 Q2: $3.492016 Q3: $3.542016 Q4: $3.632017 Q1: $3.732017 Q2: $3.832017 Q3: $3.922017 Q4: $3.902018 Q1: $4.182018 Q2: $4.282018 Q3: $4.392018 Q4: $4.382019 Q1: $3.512019 Q2: $3.612019 Q3: $3.662019 Q4: $3.702020 Q1: $3.752020 Q2: $2.832020 Q3: $3.352020 Q4: $3.792021 Q1: $3.812021 Q2: $4.252021 Q3: $4.472021 Q4: $4.642022 Q1: $4.962022 Q2: $5.032022 Q3: $5.062022 Q4: $4.982023 Q1: $5.452023 Q2: $5.492023 Q3: $5.612023 Q4: $5.202024 Q1: $5.222024 Q2: $5.342024 Q3: $5.15

Forward P/E

11.8118.9126.012015 Q12016 Q32018 Q12019 Q32021 Q12022 Q32024 Q12015 Q1: 22.792015 Q2: 22.782015 Q3: 21.242015 Q4: 23.402016 Q1: 24.642016 Q2: 25.032016 Q3: 22.532016 Q4: 21.052017 Q1: 23.182017 Q2: 24.022017 Q3: 21.552017 Q4: 17.622018 Q1: 16.342018 Q2: 16.902018 Q3: 19.242018 Q4: 17.902019 Q1: 17.122019 Q2: 19.962019 Q3: 17.182019 Q4: 18.482020 Q1: 13.552020 Q2: 21.082020 Q3: 19.152020 Q4: 18.252021 Q1: 17.802021 Q2: 18.242021 Q3: 17.582021 Q4: 15.842022 Q1: 17.402022 Q2: 14.902022 Q3: 14.242022 Q4: 16.702023 Q1: 14.222023 Q2: 13.632023 Q3: 13.062023 Q4: 14.242024 Q1: 14.422024 Q2: 12.792024 Q3: 14.08

Divergence watch ⚑

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

  • 2015 Q3 tone ↓ -5.0 fwd EPS ↑ +0.08 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q2 tone ↓ -6.5 fwd EPS ↑ +0.09 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q2 tone ↓ -5.9 fwd EPS ↑ +0.10 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q3 tone ↓ -2.6 fwd EPS ↑ +0.09 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q3 tone ↓ -4.1 fwd EPS ↑ +0.11 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q1 tone ↑ +4.3 fwd EPS ↓ -0.87 Tone rose while the forward EPS estimate was cut.
  • 2019 Q2 tone ↓ -6.9 fwd EPS ↑ +0.10 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q1 tone ↓ -17.4 fwd EPS ↑ +0.04 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q2 tone ↑ +8.1 fwd EPS ↓ -0.91 Tone rose while the forward EPS estimate was cut.
  • 2023 Q3 tone ↓ -10.6 fwd EPS ↑ +0.12 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q3 tone ↑ +5.4 fwd EPS ↓ -0.19 Tone rose while the forward EPS estimate was cut.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-05-05+8.1——View →
2024 Q42025-02-25+4.0——View →
2024 Q32024-11-05+7.4$5.1514.1View →
2024 Q22024-08-06+1.9$5.3412.8View →
2024 Q12024-05-07+0.5$5.2214.4View →
2023 Q42024-02-27-2.4$5.2014.2View →
2023 Q32023-11-13-4.3$5.6113.1View →
2023 Q22023-08-07+6.4$5.4913.6View →