Subtext

Regeneron Pharmaceuticals, Inc. REGN

SectorHealth Care
Transcripts49
Date range2013-05-03 – 2025-04-29
Calls charted49

Sentiment timeline

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

-13-7+0+7+132013 Q12014 Q42016 Q32018 Q22020 Q12021 Q42023 Q32013 Q1 · Overall: +6.22013 Q2 · Overall: +5.32013 Q3 · Overall: +5.32013 Q4 · Overall: +2.82014 Q1 · Overall: +4.02014 Q2 · Overall: +5.92014 Q3 · Overall: +1.62014 Q4 · Overall: +2.72015 Q1 · Overall: +4.32015 Q2 · Overall: +4.32015 Q3 · Overall: +2.62015 Q4 · Overall: +1.82016 Q1 · Overall: +0.92016 Q2 · Overall: -1.62016 Q3 · Overall: -3.12016 Q4 · Overall: +0.32017 Q1 · Overall: -1.12017 Q2 · Overall: +3.22017 Q3 · Overall: +2.82017 Q4 · Overall: +6.02018 Q1 · Overall: +6.42018 Q2 · Overall: +3.82018 Q3 · Overall: +3.22018 Q4 · Overall: +1.82019 Q1 · Overall: +9.82019 Q2 · Overall: +3.82019 Q3 · Overall: +11.62019 Q4 · Overall: +6.92020 Q1 · Overall: +4.92020 Q2 · Overall: +6.02020 Q3 · Overall: +8.52020 Q4 · Overall: +5.92021 Q1 · Overall: +6.02021 Q2 · Overall: +9.22021 Q3 · Overall: +7.12021 Q4 · Overall: +7.22022 Q1 · Overall: +6.12022 Q2 · Overall: +7.72022 Q3 · Overall: +6.92022 Q4 · Overall: +7.72023 Q1 · Overall: +7.62023 Q2 · Overall: +3.92023 Q3 · Overall: +8.12023 Q4 · Overall: +5.52024 Q1 · Overall: -3.12024 Q2 · Overall: +6.82024 Q3 · Overall: +6.02024 Q4 · Overall: +8.52025 Q1 · Overall: +1.0
Overall

CEO vs CFO

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

-34-17+0+17+342013 Q12014 Q42016 Q32018 Q22020 Q12021 Q42023 Q32013 Q1 · CEO: +13.12013 Q2 · CEO: +6.92013 Q3 · CEO: +6.02013 Q4 · CEO: +7.32014 Q1 · CEO: +4.42014 Q2 · CEO: +8.32014 Q3 · CEO: +6.72014 Q4 · CEO: +9.42015 Q4 · CEO: +10.12016 Q1 · CEO: +1.12016 Q3 · CEO: +3.02016 Q4 · CEO: +8.02017 Q1 · CEO: +8.92017 Q4 · CEO: +3.12018 Q1 · CEO: +8.82018 Q2 · CEO: +15.12018 Q3 · CEO: +6.62018 Q4 · CEO: +7.62019 Q1 · CEO: +23.02019 Q2 · CEO: +5.02019 Q3 · CEO: +18.02019 Q4 · CEO: +29.42020 Q1 · CEO: +10.42020 Q2 · CEO: +8.32020 Q3 · CEO: +13.02020 Q4 · CEO: +1.02021 Q1 · CEO: -2.32021 Q2 · CEO: +7.32021 Q3 · CEO: +14.92021 Q4 · CEO: +6.72022 Q1 · CEO: +5.42022 Q2 · CEO: +15.32022 Q3 · CEO: +14.62022 Q4 · CEO: +11.62023 Q1 · CEO: +8.12023 Q2 · CEO: +10.52023 Q3 · CEO: +19.22023 Q4 · CEO: +14.82024 Q1 · CEO: +2.82024 Q2 · CEO: +20.72024 Q3 · CEO: +18.02024 Q4 · CEO: +17.32025 Q1 · CEO: +2.02013 Q1 · CFO: +7.92013 Q2 · CFO: +13.02013 Q3 · CFO: +8.82013 Q4 · CFO: +8.42014 Q1 · CFO: +7.22014 Q2 · CFO: +5.92014 Q3 · CFO: +3.62014 Q4 · CFO: +4.32015 Q1 · CFO: +10.92015 Q2 · CFO: +4.52015 Q3 · CFO: +1.72015 Q4 · CFO: -1.32016 Q1 · CFO: +8.42016 Q2 · CFO: +4.12016 Q3 · CFO: +4.22016 Q4 · CFO: +0.72017 Q1 · CFO: +0.02017 Q2 · CFO: +5.62017 Q3 · CFO: +6.32017 Q4 · CFO: +8.02018 Q1 · CFO: +3.02018 Q2 · CFO: +7.72018 Q4 · CFO: -2.02019 Q1 · CFO: +8.92019 Q2 · CFO: +16.72019 Q3 · CFO: +14.42019 Q4 · CFO: +2.32020 Q1 · CFO: +11.12020 Q2 · CFO: +11.42020 Q3 · CFO: +13.92020 Q4 · CFO: +15.12021 Q1 · CFO: +17.62021 Q2 · CFO: +14.82021 Q3 · CFO: +10.82021 Q4 · CFO: +13.92022 Q1 · CFO: +17.12022 Q2 · CFO: +15.72022 Q3 · CFO: +15.52022 Q4 · CFO: +20.12023 Q1 · CFO: +11.92023 Q2 · CFO: +20.12023 Q3 · CFO: +18.62023 Q4 · CFO: +13.02024 Q1 · CFO: +11.82024 Q2 · CFO: +16.72024 Q3 · CFO: +16.32024 Q4 · CFO: +20.22025 Q1 · CFO: +11.8
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-22-11+0+11+222013 Q12014 Q42016 Q32018 Q22020 Q12021 Q42023 Q32013 Q1 · Prepared remarks: +11.02013 Q2 · Prepared remarks: +11.02013 Q3 · Prepared remarks: +10.12013 Q4 · Prepared remarks: +5.32014 Q1 · Prepared remarks: +8.42014 Q2 · Prepared remarks: +12.12014 Q3 · Prepared remarks: +7.42014 Q4 · Prepared remarks: +8.72015 Q1 · Prepared remarks: +7.72015 Q2 · Prepared remarks: +10.02015 Q3 · Prepared remarks: +3.82015 Q4 · Prepared remarks: +5.02016 Q1 · Prepared remarks: +7.72016 Q2 · Prepared remarks: +1.72016 Q3 · Prepared remarks: +0.42016 Q4 · Prepared remarks: +3.12017 Q1 · Prepared remarks: +2.72017 Q2 · Prepared remarks: +5.92017 Q3 · Prepared remarks: +6.32017 Q4 · Prepared remarks: +10.32018 Q1 · Prepared remarks: +6.62018 Q2 · Prepared remarks: +10.92018 Q3 · Prepared remarks: +6.52018 Q4 · Prepared remarks: +7.42019 Q1 · Prepared remarks: +13.82019 Q2 · Prepared remarks: +13.62019 Q3 · Prepared remarks: +16.72019 Q4 · Prepared remarks: +10.52020 Q1 · Prepared remarks: +6.42020 Q2 · Prepared remarks: +12.22020 Q3 · Prepared remarks: +14.92020 Q4 · Prepared remarks: +13.72021 Q1 · Prepared remarks: +17.92021 Q2 · Prepared remarks: +9.92021 Q3 · Prepared remarks: +12.72021 Q4 · Prepared remarks: +12.72022 Q1 · Prepared remarks: +11.22022 Q2 · Prepared remarks: +13.12022 Q3 · Prepared remarks: +14.72022 Q4 · Prepared remarks: +14.32023 Q1 · Prepared remarks: +13.42023 Q2 · Prepared remarks: +13.82023 Q3 · Prepared remarks: +14.22023 Q4 · Prepared remarks: +9.22024 Q1 · Prepared remarks: +18.72024 Q2 · Prepared remarks: +13.22024 Q3 · Prepared remarks: +14.52024 Q4 · Prepared remarks: +19.12025 Q1 · Prepared remarks: +9.62013 Q1 · Q&A responses: +4.42013 Q2 · Q&A responses: +6.72013 Q3 · Q&A responses: +5.52013 Q4 · Q&A responses: +6.12014 Q1 · Q&A responses: +3.32014 Q2 · Q&A responses: +0.92014 Q3 · Q&A responses: -5.72014 Q4 · Q&A responses: +3.22015 Q1 · Q&A responses: +3.72015 Q2 · Q&A responses: +0.82015 Q3 · Q&A responses: +5.02015 Q4 · Q&A responses: +4.02016 Q1 · Q&A responses: -4.02016 Q2 · Q&A responses: -2.42016 Q3 · Q&A responses: -4.72016 Q4 · Q&A responses: +1.62017 Q1 · Q&A responses: -3.62017 Q2 · Q&A responses: -2.72017 Q3 · Q&A responses: +0.02017 Q4 · Q&A responses: +0.02018 Q2 · Q&A responses: +2.12018 Q3 · Q&A responses: +1.12018 Q4 · Q&A responses: -1.32019 Q1 · Q&A responses: +6.22019 Q2 · Q&A responses: -0.82019 Q3 · Q&A responses: +9.02019 Q4 · Q&A responses: +9.02020 Q1 · Q&A responses: +9.02020 Q2 · Q&A responses: +1.62020 Q3 · Q&A responses: +7.02020 Q4 · Q&A responses: +4.32021 Q1 · Q&A responses: +3.22021 Q2 · Q&A responses: +15.32021 Q3 · Q&A responses: +4.82021 Q4 · Q&A responses: +3.92022 Q1 · Q&A responses: +5.12022 Q2 · Q&A responses: +4.62022 Q3 · Q&A responses: +1.02022 Q4 · Q&A responses: +3.42023 Q1 · Q&A responses: +8.52023 Q2 · Q&A responses: -2.72023 Q3 · Q&A responses: +5.62023 Q4 · Q&A responses: +4.52024 Q1 · Q&A responses: -0.62024 Q2 · Q&A responses: +5.32024 Q3 · Q&A responses: +2.52024 Q4 · Q&A responses: -2.32025 Q1 · Q&A responses: -4.6
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

$4.33$27.92$51.512013 Q12014 Q42016 Q32018 Q22020 Q12021 Q42023 Q32014 Q1: $7.582014 Q2: $10.952014 Q3: $11.772014 Q4: $11.782015 Q1: $11.252015 Q2: $12.312015 Q3: $14.232015 Q4: $14.972016 Q1: $12.902016 Q2: $13.392016 Q3: $13.552016 Q4: $14.292017 Q1: $13.652017 Q2: $13.982017 Q3: $16.192017 Q4: $16.792018 Q1: $18.972018 Q2: $19.832018 Q3: $21.612018 Q4: $22.602019 Q1: $23.362019 Q2: $22.662019 Q3: $24.692019 Q4: $26.042020 Q1: $28.712020 Q2: $29.482020 Q3: $32.612020 Q4: $36.762021 Q1: $43.692021 Q2: $43.482021 Q3: $48.262021 Q4: $47.592022 Q1: $43.872022 Q2: $43.352022 Q3: $42.892022 Q4: $42.002023 Q1: $42.382023 Q2: $42.472023 Q3: $42.952023 Q4: $43.872024 Q1: $45.352024 Q2: $46.042024 Q3: $47.98

Forward P/E

8.7827.4046.022013 Q12014 Q42016 Q32018 Q22020 Q12021 Q42023 Q32014 Q1: 43.452014 Q2: 27.892014 Q3: 30.522014 Q4: 34.892015 Q1: 41.972015 Q2: 41.662015 Q3: 38.022015 Q4: 37.392016 Q1: 28.562016 Q2: 27.482016 Q3: 29.332016 Q4: 26.702017 Q1: 29.142017 Q2: 34.112017 Q3: 27.042017 Q4: 23.032018 Q1: 18.002018 Q2: 15.552018 Q3: 17.762018 Q4: 15.962019 Q1: 17.512019 Q2: 13.722019 Q3: 11.552019 Q4: 14.262020 Q1: 16.892020 Q2: 20.462020 Q3: 17.452020 Q4: 13.242021 Q1: 11.352021 Q2: 12.042021 Q3: 13.512021 Q4: 13.822022 Q1: 15.452022 Q2: 12.942022 Q3: 16.272022 Q4: 17.862023 Q1: 17.942023 Q2: 18.162023 Q3: 19.242023 Q4: 19.972024 Q1: 21.292024 Q2: 22.572024 Q3: 23.73

Divergence watch ⚑

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

  • 2014 Q3 tone ↓ -4.3 fwd EPS ↑ +0.82 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q2 tone ↓ -2.4 fwd EPS ↑ +0.49 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q2 tone ↓ -2.6 fwd EPS ↑ +0.86 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q4 tone ↓ -4.8 fwd EPS ↑ +1.35 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q4 tone ↓ -2.6 fwd EPS ↑ +4.15 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q3 tone ↓ -2.1 fwd EPS ↑ +4.78 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q4 tone ↓ -2.6 fwd EPS ↑ +0.92 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↓ -8.6 fwd EPS ↑ +1.48 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-04-29+1.0——View →
2024 Q42025-02-04+8.5——View →
2024 Q32024-10-31+6.0$47.9823.7View →
2024 Q22024-08-01+6.8$46.0422.6View →
2024 Q12024-05-02-3.1$45.3521.3View →
2023 Q42024-02-02+5.5$43.8720.0View →
2023 Q32023-11-02+8.1$42.9519.2View →
2023 Q22023-08-03+3.9$42.4718.2View →