Subtext

Bio-Techne Corporation TECH

SectorHealth Care
Transcripts23
Date range2019-10-29 – 2025-05-07
Calls charted23

Sentiment timeline

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

-16-8+0+8+162020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32025 Q22020 Q1 · Overall: +6.92020 Q2 · Overall: +7.02020 Q3 · Overall: +5.22020 Q4 · Overall: +3.92021 Q1 · Overall: +8.22021 Q2 · Overall: +9.82021 Q3 · Overall: +10.52021 Q4 · Overall: +12.22022 Q1 · Overall: +10.62022 Q2 · Overall: +10.72022 Q3 · Overall: +9.92022 Q4 · Overall: +9.62023 Q1 · Overall: +4.02023 Q2 · Overall: +3.02023 Q3 · Overall: +8.52023 Q4 · Overall: +6.22024 Q1 · Overall: +4.92024 Q2 · Overall: +9.22024 Q3 · Overall: +14.02024 Q4 · Overall: +5.72025 Q1 · Overall: +11.82025 Q2 · Overall: +11.72025 Q3 · Overall: +5.0
Overall

CEO vs CFO

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

-29-14+0+14+292020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32025 Q22020 Q1 · CEO: +10.92020 Q2 · CEO: +8.72020 Q3 · CEO: +7.82020 Q4 · CEO: +6.22021 Q1 · CEO: +8.42021 Q2 · CEO: +9.62021 Q3 · CEO: +12.52021 Q4 · CEO: +13.12022 Q1 · CEO: +14.62022 Q2 · CEO: +14.32022 Q3 · CEO: +15.02022 Q4 · CEO: +13.72023 Q1 · CEO: +8.42023 Q2 · CEO: +8.22023 Q3 · CEO: +14.92023 Q4 · CEO: +9.72024 Q1 · CEO: +10.22024 Q2 · CEO: +17.92024 Q3 · CEO: +24.92024 Q4 · CEO: +10.32025 Q1 · CEO: +17.72025 Q2 · CEO: +20.12025 Q3 · CEO: +16.72020 Q1 · CFO: -5.92020 Q2 · CFO: +12.62020 Q3 · CFO: +5.82020 Q4 · CFO: +0.02021 Q1 · CFO: +12.92021 Q2 · CFO: +19.22021 Q3 · CFO: +12.52021 Q4 · CFO: +14.92022 Q1 · CFO: +9.42022 Q2 · CFO: +14.32022 Q3 · CFO: +4.12022 Q4 · CFO: +4.92023 Q1 · CFO: -1.22023 Q2 · CFO: +0.82023 Q3 · CFO: +1.02023 Q4 · CFO: +4.02024 Q1 · CFO: -1.02024 Q2 · CFO: +6.52024 Q3 · CFO: +5.52024 Q4 · CFO: +5.52025 Q1 · CFO: +11.82025 Q2 · CFO: +10.82025 Q3 · CFO: +0.6
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-27-13+0+13+272020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32025 Q22020 Q1 · Prepared remarks: +4.92020 Q2 · Prepared remarks: +10.02020 Q3 · Prepared remarks: +5.12020 Q4 · Prepared remarks: +3.92021 Q1 · Prepared remarks: +17.92021 Q2 · Prepared remarks: +19.62021 Q3 · Prepared remarks: +16.22021 Q4 · Prepared remarks: +17.02022 Q1 · Prepared remarks: +15.52022 Q2 · Prepared remarks: +23.12022 Q3 · Prepared remarks: +16.92022 Q4 · Prepared remarks: +15.02023 Q1 · Prepared remarks: +9.52023 Q2 · Prepared remarks: +11.52023 Q3 · Prepared remarks: +13.32023 Q4 · Prepared remarks: +6.82024 Q1 · Prepared remarks: +8.92024 Q2 · Prepared remarks: +13.72024 Q3 · Prepared remarks: +18.22024 Q4 · Prepared remarks: +7.52025 Q1 · Prepared remarks: +17.12025 Q2 · Prepared remarks: +17.62025 Q3 · Prepared remarks: +15.12020 Q1 · Q&A responses: +9.22020 Q2 · Q&A responses: +8.42020 Q3 · Q&A responses: +8.72020 Q4 · Q&A responses: +5.92021 Q1 · Q&A responses: +3.72021 Q2 · Q&A responses: +4.92021 Q3 · Q&A responses: +9.22021 Q4 · Q&A responses: +8.82022 Q1 · Q&A responses: +10.82022 Q2 · Q&A responses: +5.82022 Q3 · Q&A responses: +8.82022 Q4 · Q&A responses: +7.92023 Q1 · Q&A responses: +3.32023 Q2 · Q&A responses: +0.92023 Q3 · Q&A responses: +9.62023 Q4 · Q&A responses: +8.82024 Q1 · Q&A responses: +5.42024 Q2 · Q&A responses: +10.02024 Q3 · Q&A responses: +17.12024 Q4 · Q&A responses: +8.62025 Q1 · Q&A responses: +12.92025 Q2 · Q&A responses: +14.32025 Q3 · Q&A responses: +4.3
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

$1.21$1.85$2.502020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32025 Q22020 Q1: $1.362020 Q2: $1.302020 Q3: $1.422020 Q4: $1.552021 Q1: $1.722021 Q2: $1.882021 Q3: $2.012021 Q4: $2.122022 Q1: $2.212022 Q2: $2.292022 Q3: $2.252022 Q4: $2.282023 Q1: $2.272023 Q2: $2.412023 Q3: $2.052023 Q4: $2.022024 Q1: $1.952024 Q2: $2.032024 Q3: $1.962024 Q4: $2.06

Forward P/E

27.3648.0968.822020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32025 Q22020 Q1: 30.222020 Q2: 49.122020 Q3: 43.222020 Q4: 48.712021 Q1: 55.662021 Q2: 58.852021 Q3: 65.962021 Q4: 55.822022 Q1: 47.952022 Q2: 36.102022 Q3: 35.602022 Q4: 38.072023 Q1: 32.022023 Q2: 31.072023 Q3: 35.322023 Q4: 36.542024 Q1: 37.132024 Q2: 36.722024 Q3: 38.992024 Q4: 34.75

Divergence watch ⚑

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

  • 2023 Q3 tone ↑ +5.5 fwd EPS ↓ -0.36 Tone rose while the forward EPS estimate was cut.
  • 2024 Q3 tone ↑ +4.7 fwd EPS ↓ -0.07 Tone rose while the forward EPS estimate was cut.
  • 2024 Q4 tone ↓ -8.3 fwd EPS ↑ +0.09 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q32025-05-07+5.0——View →
2025 Q22025-02-05+11.7——View →
2025 Q12024-10-30+11.8——View →
2024 Q42024-08-07+5.7$2.0634.8View →
2024 Q32024-05-01+14.0$1.9639.0View →
2024 Q22024-02-01+9.2$2.0336.7View →
2024 Q12023-10-31+4.9$1.9537.1View →
2023 Q42023-08-08+6.2$2.0236.5View →