Subtext

Ventas, Inc. VTR

SectorReal Estate
Transcripts65
Date range2009-05-05 – 2025-05-01
Calls charted65

Sentiment timeline

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

-31-15+0+15+312009 Q12011 Q22013 Q32015 Q42018 Q12020 Q22022 Q32024 Q42009 Q1 · Overall: +8.22009 Q2 · Overall: +12.92009 Q3 · Overall: +9.92009 Q4 · Overall: +13.02010 Q1 · Overall: +10.72010 Q2 · Overall: +8.62010 Q3 · Overall: +11.52010 Q4 · Overall: +12.02011 Q1 · Overall: +10.12011 Q2 · Overall: +1.52011 Q3 · Overall: +6.22011 Q4 · Overall: +11.22012 Q1 · Overall: +8.12012 Q2 · Overall: +10.02012 Q3 · Overall: +11.12012 Q4 · Overall: +11.82013 Q1 · Overall: +13.52013 Q2 · Overall: +9.52013 Q3 · Overall: +8.62013 Q4 · Overall: +12.82014 Q1 · Overall: +12.42014 Q2 · Overall: +10.52014 Q3 · Overall: +14.52014 Q4 · Overall: +15.82015 Q1 · Overall: +10.92015 Q2 · Overall: +15.22015 Q3 · Overall: +11.02015 Q4 · Overall: +13.12016 Q1 · Overall: +14.42016 Q2 · Overall: +14.52016 Q3 · Overall: +26.52016 Q4 · Overall: +14.82017 Q1 · Overall: +18.12017 Q2 · Overall: +22.22017 Q3 · Overall: +17.22017 Q4 · Overall: +17.72018 Q1 · Overall: +17.12018 Q2 · Overall: +15.92018 Q3 · Overall: +10.02018 Q4 · Overall: +17.22019 Q1 · Overall: +18.42019 Q2 · Overall: +12.82019 Q3 · Overall: +3.42019 Q4 · Overall: +12.12020 Q1 · Overall: +8.72020 Q2 · Overall: +10.32020 Q3 · Overall: +13.32020 Q4 · Overall: +10.82021 Q1 · Overall: +11.12021 Q2 · Overall: +19.32021 Q3 · Overall: +12.82021 Q4 · Overall: +17.22022 Q1 · Overall: +19.82022 Q2 · Overall: +15.62022 Q3 · Overall: +15.02022 Q4 · Overall: +14.52023 Q1 · Overall: +23.12023 Q2 · Overall: +15.52023 Q3 · Overall: +19.22023 Q4 · Overall: +17.32024 Q1 · Overall: +13.32024 Q2 · Overall: +22.42024 Q3 · Overall: +19.82024 Q4 · Overall: +19.22025 Q1 · Overall: +20.6
Overall

CEO vs CFO

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

-54-27+0+27+542009 Q12011 Q22013 Q32015 Q42018 Q12020 Q22022 Q32024 Q42009 Q1 · CEO: +12.12009 Q2 · CEO: +16.42009 Q3 · CEO: +12.02009 Q4 · CEO: +15.32010 Q1 · CEO: +14.72010 Q2 · CEO: +16.32010 Q3 · CEO: +14.52010 Q4 · CEO: +17.82011 Q1 · CEO: +19.32011 Q2 · CEO: +7.72011 Q3 · CEO: +10.82011 Q4 · CEO: +14.12012 Q2 · CEO: +20.72012 Q3 · CEO: +23.42012 Q4 · CEO: +19.52013 Q1 · CEO: +23.92013 Q2 · CEO: +20.52013 Q3 · CEO: +18.12013 Q4 · CEO: +22.02014 Q1 · CEO: +25.22014 Q2 · CEO: +19.02014 Q3 · CEO: +22.62014 Q4 · CEO: +26.72015 Q1 · CEO: +19.22015 Q2 · CEO: +26.12015 Q3 · CEO: +25.92015 Q4 · CEO: +27.42016 Q1 · CEO: +28.92016 Q2 · CEO: +25.42016 Q3 · CEO: +47.02016 Q4 · CEO: +32.02017 Q1 · CEO: +29.22017 Q2 · CEO: +37.32017 Q3 · CEO: +29.02017 Q4 · CEO: +34.82018 Q1 · CEO: +28.22018 Q2 · CEO: +30.92018 Q3 · CEO: +21.22018 Q4 · CEO: +39.42019 Q1 · CEO: +33.12019 Q2 · CEO: +33.92019 Q3 · CEO: +18.32019 Q4 · CEO: +25.82020 Q1 · CEO: +7.12020 Q2 · CEO: +25.92020 Q3 · CEO: +20.82020 Q4 · CEO: +21.02021 Q1 · CEO: +23.92021 Q2 · CEO: +28.52021 Q4 · CEO: +29.02022 Q1 · CEO: +32.32022 Q2 · CEO: +29.22022 Q3 · CEO: +19.72022 Q4 · CEO: +23.42023 Q1 · CEO: +33.42023 Q2 · CEO: +30.62023 Q3 · CEO: +29.72023 Q4 · CEO: +33.22024 Q2 · CEO: +30.82024 Q3 · CEO: +32.82024 Q4 · CEO: +40.32009 Q1 · CFO: +9.32009 Q3 · CFO: +16.12009 Q4 · CFO: +9.02010 Q1 · CFO: +19.72010 Q2 · CFO: +11.52010 Q3 · CFO: +17.82010 Q4 · CFO: +15.42011 Q1 · CFO: +10.02011 Q2 · CFO: +3.42011 Q3 · CFO: +2.42011 Q4 · CFO: +4.32012 Q2 · CFO: +5.02012 Q3 · CFO: +11.92012 Q4 · CFO: +0.02013 Q1 · CFO: +6.52013 Q2 · CFO: -1.22013 Q3 · CFO: +7.22013 Q4 · CFO: +0.02014 Q1 · CFO: +7.02014 Q2 · CFO: +15.42014 Q3 · CFO: +18.92014 Q4 · CFO: +13.32015 Q1 · CFO: +9.52015 Q2 · CFO: +12.32015 Q3 · CFO: +7.82015 Q4 · CFO: +10.22016 Q1 · CFO: +6.72016 Q2 · CFO: +14.32016 Q3 · CFO: +18.82016 Q4 · CFO: +10.32017 Q1 · CFO: +20.32017 Q2 · CFO: +21.72017 Q3 · CFO: +17.72017 Q4 · CFO: +11.52018 Q1 · CFO: +19.52018 Q2 · CFO: +13.12018 Q3 · CFO: +10.1
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-44-22+0+22+442009 Q12011 Q22013 Q32015 Q42018 Q12020 Q22022 Q32024 Q42009 Q1 · Prepared remarks: +15.42009 Q2 · Prepared remarks: +17.52009 Q3 · Prepared remarks: +15.72009 Q4 · Prepared remarks: +15.62010 Q1 · Prepared remarks: +19.92010 Q2 · Prepared remarks: +17.02010 Q3 · Prepared remarks: +20.62010 Q4 · Prepared remarks: +21.52011 Q1 · Prepared remarks: +12.52011 Q2 · Prepared remarks: +2.32011 Q3 · Prepared remarks: +10.52011 Q4 · Prepared remarks: +18.82012 Q1 · Prepared remarks: +26.12012 Q2 · Prepared remarks: +15.52012 Q3 · Prepared remarks: +18.02012 Q4 · Prepared remarks: +16.82013 Q1 · Prepared remarks: +21.12013 Q2 · Prepared remarks: +20.92013 Q3 · Prepared remarks: +18.32013 Q4 · Prepared remarks: +16.92014 Q1 · Prepared remarks: +17.72014 Q2 · Prepared remarks: +15.92014 Q3 · Prepared remarks: +22.02014 Q4 · Prepared remarks: +18.12015 Q1 · Prepared remarks: +17.42015 Q2 · Prepared remarks: +24.92015 Q3 · Prepared remarks: +21.42015 Q4 · Prepared remarks: +22.92016 Q1 · Prepared remarks: +19.02016 Q2 · Prepared remarks: +23.22016 Q3 · Prepared remarks: +36.02016 Q4 · Prepared remarks: +28.82017 Q1 · Prepared remarks: +27.22017 Q2 · Prepared remarks: +25.42017 Q3 · Prepared remarks: +24.02017 Q4 · Prepared remarks: +28.42018 Q1 · Prepared remarks: +27.02018 Q2 · Prepared remarks: +32.32018 Q3 · Prepared remarks: +28.22018 Q4 · Prepared remarks: +29.52019 Q1 · Prepared remarks: +34.02019 Q2 · Prepared remarks: +27.42019 Q3 · Prepared remarks: +23.12019 Q4 · Prepared remarks: +22.92020 Q1 · Prepared remarks: +6.12020 Q2 · Prepared remarks: +16.82020 Q3 · Prepared remarks: +22.72020 Q4 · Prepared remarks: +18.52021 Q1 · Prepared remarks: +24.42021 Q2 · Prepared remarks: +28.62021 Q3 · Prepared remarks: +21.72021 Q4 · Prepared remarks: +27.82022 Q1 · Prepared remarks: +34.22022 Q2 · Prepared remarks: +26.62022 Q3 · Prepared remarks: +27.32022 Q4 · Prepared remarks: +33.12023 Q1 · Prepared remarks: +36.32023 Q2 · Prepared remarks: +25.72023 Q3 · Prepared remarks: +26.92023 Q4 · Prepared remarks: +32.62024 Q1 · Prepared remarks: +37.92024 Q2 · Prepared remarks: +38.32024 Q3 · Prepared remarks: +28.62024 Q4 · Prepared remarks: +30.42025 Q1 · Prepared remarks: +30.62009 Q1 · Q&A responses: +11.32009 Q2 · Q&A responses: +12.32009 Q3 · Q&A responses: +10.82009 Q4 · Q&A responses: +16.92010 Q1 · Q&A responses: +15.12010 Q2 · Q&A responses: +9.72010 Q3 · Q&A responses: +9.82010 Q4 · Q&A responses: +12.52011 Q1 · Q&A responses: +15.32011 Q2 · Q&A responses: +5.82011 Q3 · Q&A responses: +5.42011 Q4 · Q&A responses: +10.52012 Q1 · Q&A responses: +13.72012 Q2 · Q&A responses: +11.02012 Q3 · Q&A responses: +12.42012 Q4 · Q&A responses: +11.62013 Q1 · Q&A responses: +15.32013 Q2 · Q&A responses: +9.92013 Q3 · Q&A responses: +5.62013 Q4 · Q&A responses: +17.22014 Q1 · Q&A responses: +12.22014 Q2 · Q&A responses: +13.52014 Q3 · Q&A responses: +18.92014 Q4 · Q&A responses: +22.12015 Q1 · Q&A responses: +10.92015 Q2 · Q&A responses: +18.72015 Q3 · Q&A responses: +14.12015 Q4 · Q&A responses: +14.72016 Q1 · Q&A responses: +17.22016 Q2 · Q&A responses: +16.12016 Q3 · Q&A responses: +31.02016 Q4 · Q&A responses: +13.72017 Q1 · Q&A responses: +22.32017 Q2 · Q&A responses: +30.12017 Q3 · Q&A responses: +20.82017 Q4 · Q&A responses: +21.02018 Q1 · Q&A responses: +22.92018 Q2 · Q&A responses: +15.32018 Q3 · Q&A responses: +7.52018 Q4 · Q&A responses: +19.82019 Q1 · Q&A responses: +18.02019 Q2 · Q&A responses: +5.82019 Q3 · Q&A responses: +2.92019 Q4 · Q&A responses: +14.32020 Q1 · Q&A responses: +11.02020 Q2 · Q&A responses: +11.62020 Q3 · Q&A responses: +14.42020 Q4 · Q&A responses: +12.42021 Q1 · Q&A responses: +8.42021 Q2 · Q&A responses: +17.12021 Q3 · Q&A responses: +14.02021 Q4 · Q&A responses: +13.52022 Q1 · Q&A responses: +20.82022 Q2 · Q&A responses: +21.42022 Q3 · Q&A responses: +11.72022 Q4 · Q&A responses: +12.02023 Q1 · Q&A responses: +22.72023 Q2 · Q&A responses: +19.12023 Q3 · Q&A responses: +22.82023 Q4 · Q&A responses: +18.72024 Q1 · Q&A responses: +22.22024 Q2 · Q&A responses: +20.22024 Q3 · Q&A responses: +24.32024 Q4 · Q&A responses: +22.82025 Q1 · Q&A responses: +22.5
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

$-1.00$0.57$2.142009 Q12011 Q22013 Q32015 Q42018 Q12020 Q22022 Q32024 Q42014 Q1: $1.742014 Q2: $1.812014 Q3: $1.882014 Q4: $1.922015 Q1: $1.872015 Q2: $1.742015 Q3: $1.662015 Q4: $1.702016 Q1: $1.532016 Q2: $1.552016 Q3: $1.662016 Q4: $1.792017 Q1: $1.732017 Q2: $1.902017 Q3: $1.872017 Q4: $1.922018 Q1: $1.852018 Q2: $1.472018 Q3: $1.532018 Q4: $1.462019 Q1: $1.292019 Q2: $1.312019 Q3: $1.422019 Q4: $1.172020 Q1: $1.012020 Q2: $1.282020 Q3: $0.852020 Q4: $0.342021 Q1: $0.302021 Q2: $-0.172021 Q3: $0.342021 Q4: $0.022022 Q1: $-0.042022 Q2: $0.202022 Q3: $0.332022 Q4: $0.362023 Q1: $-0.122023 Q2: $0.262023 Q3: $0.212023 Q4: $-0.282024 Q1: $-0.792024 Q2: $0.202024 Q3: $0.10

Forward P/E

-177.421230.382638.182009 Q12011 Q22013 Q32015 Q42018 Q12020 Q22022 Q32024 Q42014 Q1: 33.862014 Q2: 34.682014 Q3: 32.902014 Q4: 38.152015 Q1: 38.242015 Q2: 37.122015 Q3: 32.982015 Q4: 32.782016 Q1: 39.922016 Q2: 44.722016 Q3: 40.672016 Q4: 34.182017 Q1: 34.752017 Q2: 36.252017 Q3: 36.522017 Q4: 33.272018 Q1: 26.822018 Q2: 36.482018 Q3: 37.172018 Q4: 42.062019 Q1: 49.252019 Q2: 53.172019 Q3: 51.152019 Q4: 47.892020 Q1: 16.762020 Q2: 30.992020 Q3: 53.022020 Q4: 149.242021 Q1: 192.072021 Q2: 181.802021 Q3: 170.512021 Q4: 2444.002022 Q1: 2444.002022 Q2: 251.202022 Q3: 146.732022 Q4: 129.082023 Q1: 541.392023 Q2: 178.152023 Q3: 206.412023 Q4: 246.692024 Q1: 246.692024 Q2: 245.172024 Q3: 675.90

Divergence watch ⚑

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

  • 2015 Q2 tone ↑ +4.3 fwd EPS ↓ -0.14 Tone rose while the forward EPS estimate was cut.
  • 2016 Q4 tone ↓ -11.8 fwd EPS ↑ +0.13 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q1 tone ↑ +3.4 fwd EPS ↓ -0.06 Tone rose while the forward EPS estimate was cut.
  • 2018 Q3 tone ↓ -5.9 fwd EPS ↑ +0.07 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q4 tone ↑ +7.2 fwd EPS ↓ -0.07 Tone rose while the forward EPS estimate was cut.
  • 2019 Q2 tone ↓ -5.5 fwd EPS ↑ +0.02 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q3 tone ↓ -9.4 fwd EPS ↑ +0.11 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q4 tone ↑ +8.7 fwd EPS ↓ -0.25 Tone rose while the forward EPS estimate was cut.
  • 2020 Q3 tone ↑ +3.0 fwd EPS ↓ -0.43 Tone rose while the forward EPS estimate was cut.
  • 2021 Q2 tone ↑ +8.2 fwd EPS ↓ -0.47 Tone rose while the forward EPS estimate was cut.
  • 2021 Q3 tone ↓ -6.5 fwd EPS ↑ +0.51 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q4 tone ↑ +4.4 fwd EPS ↓ -0.32 Tone rose while the forward EPS estimate was cut.
  • 2022 Q1 tone ↑ +2.6 fwd EPS ↓ -0.06 Tone rose while the forward EPS estimate was cut.
  • 2022 Q2 tone ↓ -4.2 fwd EPS ↑ +0.24 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q1 tone ↑ +8.6 fwd EPS ↓ -0.48 Tone rose while the forward EPS estimate was cut.
  • 2023 Q2 tone ↓ -7.6 fwd EPS ↑ +0.38 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q3 tone ↑ +3.7 fwd EPS ↓ -0.05 Tone rose while the forward EPS estimate was cut.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-05-01+20.6——View →
2024 Q42025-02-13+19.2——View →
2024 Q32024-10-31+19.8$0.10675.9View →
2024 Q22024-08-02+22.4$0.20245.2View →
2024 Q12024-05-02+13.3$-0.79246.7View →
2023 Q42024-02-15+17.3$-0.28246.7View →
2023 Q32023-11-03+19.2$0.21206.4View →
2023 Q22023-08-04+15.5$0.26178.2View →