Subtext

Viatris Inc. VTRS

SectorHealth Care
Transcripts61
Date range2008-05-19 – 2025-05-08
Calls charted61

Sentiment timeline

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

-17-8+0+8+172008 Q12011 Q22013 Q42015 Q42018 Q12020 Q12022 Q12024 Q12008 Q1 · Overall: +12.42008 Q2 · Overall: +9.72009 Q1 · Overall: +11.92009 Q2 · Overall: +8.92009 Q4 · Overall: +12.62010 Q1 · Overall: +2.22010 Q3 · Overall: +6.02010 Q4 · Overall: +10.62011 Q2 · Overall: +9.62011 Q3 · Overall: +10.02012 Q1 · Overall: +9.22012 Q2 · Overall: +8.42012 Q3 · Overall: +8.42012 Q4 · Overall: +6.92013 Q1 · Overall: +9.02013 Q3 · Overall: +2.62013 Q4 · Overall: +11.72014 Q1 · Overall: -1.02014 Q2 · Overall: +5.42014 Q3 · Overall: +6.52014 Q4 · Overall: +8.62015 Q1 · Overall: +14.72015 Q2 · Overall: +10.32015 Q3 · Overall: +7.12015 Q4 · Overall: +8.12016 Q1 · Overall: +7.32016 Q2 · Overall: +5.22016 Q3 · Overall: +8.12017 Q1 · Overall: +3.12017 Q2 · Overall: +5.42017 Q3 · Overall: +11.42017 Q4 · Overall: +11.62018 Q1 · Overall: -1.82018 Q2 · Overall: -3.02018 Q3 · Overall: +5.62018 Q4 · Overall: +7.42019 Q1 · Overall: +0.92019 Q2 · Overall: +5.12019 Q3 · Overall: +4.42019 Q4 · Overall: +3.12020 Q1 · Overall: +0.02020 Q2 · Overall: +4.62020 Q3 · Overall: +0.02020 Q4 · Overall: +0.82021 Q1 · Overall: +1.52021 Q2 · Overall: +4.32021 Q3 · Overall: +5.52021 Q4 · Overall: +6.72022 Q1 · Overall: +14.42022 Q2 · Overall: +13.22022 Q3 · Overall: +7.72022 Q4 · Overall: +7.72023 Q1 · Overall: +13.92023 Q2 · Overall: +8.22023 Q3 · Overall: +8.22023 Q4 · Overall: +7.82024 Q1 · Overall: +3.92024 Q2 · Overall: +13.92024 Q3 · Overall: +10.62024 Q4 · Overall: +3.42025 Q1 · Overall: +6.5
Overall

CEO vs CFO

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

-27-13+0+13+272008 Q12011 Q22013 Q42015 Q42018 Q12020 Q12022 Q12024 Q12008 Q1 · CEO: +12.02008 Q2 · CEO: +11.32009 Q1 · CEO: +13.12009 Q2 · CEO: +8.02009 Q4 · CEO: +14.42010 Q1 · CEO: -1.32010 Q3 · CEO: +6.92010 Q4 · CEO: +12.62011 Q2 · CEO: +14.52011 Q3 · CEO: +16.92012 Q1 · CEO: +14.62012 Q2 · CEO: +13.02012 Q3 · CEO: +11.02012 Q4 · CEO: +13.82013 Q1 · CEO: +14.12013 Q3 · CEO: +8.12013 Q4 · CEO: +16.12014 Q1 · CEO: +1.92014 Q2 · CEO: +8.82014 Q3 · CEO: +13.02014 Q4 · CEO: +12.72015 Q1 · CEO: +16.92015 Q4 · CEO: +8.32018 Q3 · CEO: +9.52018 Q4 · CEO: +7.52019 Q1 · CEO: +10.52019 Q3 · CEO: +22.72019 Q4 · CEO: +4.42020 Q1 · CEO: -0.82020 Q2 · CEO: +4.02020 Q3 · CEO: +9.22020 Q4 · CEO: +8.42021 Q1 · CEO: +7.32021 Q2 · CEO: +8.52021 Q3 · CEO: +15.32021 Q4 · CEO: +10.92022 Q1 · CEO: +23.42022 Q2 · CEO: +15.42022 Q4 · CEO: +16.72023 Q1 · CEO: +16.62023 Q2 · CEO: +14.62023 Q3 · CEO: +20.72023 Q4 · CEO: +13.32024 Q1 · CEO: +15.02024 Q2 · CEO: +19.02024 Q3 · CEO: +21.92024 Q4 · CEO: +4.82025 Q1 · CEO: +11.32008 Q1 · CFO: +8.92008 Q2 · CFO: +8.12009 Q1 · CFO: +21.02009 Q2 · CFO: +20.42010 Q1 · CFO: +8.42010 Q3 · CFO: +11.82010 Q4 · CFO: +13.82011 Q2 · CFO: +15.62011 Q3 · CFO: +13.12012 Q1 · CFO: +11.22012 Q2 · CFO: +9.32012 Q3 · CFO: +13.02012 Q4 · CFO: +2.72013 Q1 · CFO: +14.82013 Q3 · CFO: +14.12013 Q4 · CFO: +10.22014 Q1 · CFO: +16.32014 Q2 · CFO: +12.92014 Q3 · CFO: +4.72014 Q4 · CFO: +12.52015 Q4 · CFO: +21.72016 Q2 · CFO: -3.72018 Q3 · CFO: +10.62018 Q4 · CFO: +8.62019 Q1 · CFO: -0.42019 Q3 · CFO: -0.82019 Q4 · CFO: +2.52020 Q1 · CFO: +1.62020 Q2 · CFO: -2.42020 Q3 · CFO: -2.92020 Q4 · CFO: +0.02021 Q1 · CFO: +4.92021 Q2 · CFO: +1.22021 Q3 · CFO: +2.72021 Q4 · CFO: +9.02022 Q1 · CFO: -8.62022 Q2 · CFO: +23.12022 Q4 · CFO: +1.82023 Q1 · CFO: +12.52023 Q2 · CFO: +6.32023 Q3 · CFO: +11.82023 Q4 · CFO: +6.32024 Q1 · CFO: +13.1
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-48-24+0+24+482008 Q12011 Q22013 Q42015 Q42018 Q12020 Q12022 Q12024 Q12008 Q1 · Prepared remarks: +13.72008 Q2 · Prepared remarks: +16.72009 Q1 · Prepared remarks: +20.22009 Q2 · Prepared remarks: +15.42009 Q4 · Prepared remarks: +21.12010 Q1 · Prepared remarks: +6.72010 Q3 · Prepared remarks: +11.52010 Q4 · Prepared remarks: +17.42011 Q2 · Prepared remarks: +21.02011 Q3 · Prepared remarks: +17.62012 Q1 · Prepared remarks: +16.92012 Q2 · Prepared remarks: +8.12012 Q3 · Prepared remarks: +15.82012 Q4 · Prepared remarks: +14.42013 Q1 · Prepared remarks: +15.72013 Q3 · Prepared remarks: +12.82013 Q4 · Prepared remarks: +15.22014 Q1 · Prepared remarks: +10.32014 Q2 · Prepared remarks: +5.22014 Q3 · Prepared remarks: +14.92014 Q4 · Prepared remarks: +13.12015 Q1 · Prepared remarks: +24.82015 Q2 · Prepared remarks: +13.62015 Q3 · Prepared remarks: +11.72015 Q4 · Prepared remarks: +41.72016 Q1 · Prepared remarks: +14.52016 Q2 · Prepared remarks: +15.82016 Q3 · Prepared remarks: +14.42017 Q1 · Prepared remarks: +12.62017 Q2 · Prepared remarks: +8.32017 Q3 · Prepared remarks: +13.32017 Q4 · Prepared remarks: +17.12018 Q1 · Prepared remarks: +3.82018 Q2 · Prepared remarks: +2.72018 Q3 · Prepared remarks: +4.82018 Q4 · Prepared remarks: +11.62019 Q1 · Prepared remarks: +2.32019 Q2 · Prepared remarks: +28.32019 Q3 · Prepared remarks: +12.52019 Q4 · Prepared remarks: +7.82020 Q1 · Prepared remarks: -1.32020 Q2 · Prepared remarks: +9.02020 Q3 · Prepared remarks: +3.92020 Q4 · Prepared remarks: +0.62021 Q1 · Prepared remarks: +6.72021 Q2 · Prepared remarks: +4.22021 Q3 · Prepared remarks: +8.52021 Q4 · Prepared remarks: +6.72022 Q1 · Prepared remarks: +19.72022 Q2 · Prepared remarks: +23.02022 Q3 · Prepared remarks: +13.22022 Q4 · Prepared remarks: +17.92023 Q1 · Prepared remarks: +25.52023 Q2 · Prepared remarks: +17.92023 Q3 · Prepared remarks: +19.62023 Q4 · Prepared remarks: +16.72024 Q1 · Prepared remarks: +14.42024 Q2 · Prepared remarks: +23.72024 Q3 · Prepared remarks: +21.82024 Q4 · Prepared remarks: +12.72025 Q1 · Prepared remarks: +14.22008 Q1 · Q&A responses: -7.02008 Q2 · Q&A responses: +7.12009 Q1 · Q&A responses: +11.82009 Q2 · Q&A responses: +6.72009 Q4 · Q&A responses: +5.62010 Q1 · Q&A responses: -2.32010 Q3 · Q&A responses: +7.72010 Q4 · Q&A responses: +7.72011 Q2 · Q&A responses: +4.82011 Q3 · Q&A responses: +9.72012 Q1 · Q&A responses: +9.62012 Q2 · Q&A responses: +14.22012 Q3 · Q&A responses: +5.12012 Q4 · Q&A responses: +2.72013 Q1 · Q&A responses: +10.12013 Q3 · Q&A responses: +0.32013 Q4 · Q&A responses: +12.52014 Q1 · Q&A responses: +0.62014 Q2 · Q&A responses: +8.92014 Q3 · Q&A responses: +5.12014 Q4 · Q&A responses: +9.42015 Q1 · Q&A responses: +3.72015 Q2 · Q&A responses: +16.02015 Q3 · Q&A responses: +3.82015 Q4 · Q&A responses: +8.32016 Q1 · Q&A responses: +6.62016 Q2 · Q&A responses: +4.22016 Q3 · Q&A responses: +6.32017 Q1 · Q&A responses: +3.82017 Q2 · Q&A responses: +6.22017 Q3 · Q&A responses: +12.02017 Q4 · Q&A responses: +9.72018 Q1 · Q&A responses: +3.22018 Q2 · Q&A responses: -3.32018 Q3 · Q&A responses: +12.12018 Q4 · Q&A responses: +6.02019 Q1 · Q&A responses: +6.12019 Q2 · Q&A responses: +5.32019 Q3 · Q&A responses: -2.42019 Q4 · Q&A responses: +4.02020 Q1 · Q&A responses: +0.92020 Q2 · Q&A responses: +2.82020 Q3 · Q&A responses: -1.12020 Q4 · Q&A responses: +7.22021 Q1 · Q&A responses: +1.62021 Q2 · Q&A responses: +6.42021 Q3 · Q&A responses: +5.82022 Q1 · Q&A responses: +6.82022 Q2 · Q&A responses: +10.42022 Q3 · Q&A responses: +4.32022 Q4 · Q&A responses: +3.32023 Q1 · Q&A responses: +8.42023 Q2 · Q&A responses: +4.52023 Q3 · Q&A responses: +5.92023 Q4 · Q&A responses: +2.42024 Q1 · Q&A responses: +10.02024 Q2 · Q&A responses: +8.12024 Q3 · Q&A responses: +12.72024 Q4 · Q&A responses: +0.72025 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

$2.48$4.16$5.832008 Q12011 Q22013 Q42015 Q42018 Q12020 Q12022 Q12024 Q12014 Q1: $3.552014 Q2: $3.652014 Q3: $3.752014 Q4: $4.162015 Q1: $4.282015 Q2: $4.382015 Q3: $4.572015 Q4: $4.972016 Q1: $5.182016 Q2: $5.402016 Q3: $5.582017 Q1: $5.432017 Q2: $5.432017 Q3: $5.012017 Q4: $5.342018 Q1: $5.512018 Q2: $5.602018 Q3: $5.132018 Q4: $5.122019 Q1: $4.472019 Q2: $4.422019 Q3: $4.462019 Q4: $4.512020 Q1: $4.572020 Q2: $4.532020 Q3: $4.642020 Q4: $4.072021 Q1: $3.542021 Q2: $3.622021 Q3: $3.762021 Q4: $3.722022 Q1: $3.472022 Q2: $3.452022 Q3: $3.342022 Q4: $3.242023 Q1: $2.922023 Q2: $2.922023 Q3: $2.902023 Q4: $2.792024 Q1: $2.782024 Q2: $2.732024 Q3: $2.71

Forward P/E

1.759.5317.312008 Q12011 Q22013 Q42015 Q42018 Q12020 Q12022 Q12024 Q12014 Q1: 15.012014 Q2: 13.872014 Q3: 12.822014 Q4: 13.282015 Q1: 15.202015 Q2: 16.242015 Q3: 10.742015 Q4: 10.942016 Q1: 8.952016 Q2: 8.292016 Q3: 7.322017 Q1: 7.882017 Q2: 6.972017 Q3: 6.702017 Q4: 7.402018 Q1: 7.632018 Q2: 7.442018 Q3: 7.452018 Q4: 5.412019 Q1: 6.152019 Q2: 4.092019 Q3: 4.772019 Q4: 4.182020 Q1: 3.102020 Q2: 3.532020 Q3: 3.442020 Q4: 4.392021 Q1: 4.262021 Q2: 4.202021 Q3: 3.652021 Q4: 3.412022 Q1: 2.992022 Q2: 3.102022 Q3: 2.822022 Q4: 3.492023 Q1: 3.262023 Q2: 3.352023 Q3: 3.372023 Q4: 3.632024 Q1: 4.332024 Q2: 3.672024 Q3: 4.39

Divergence watch ⚑

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

  • 2015 Q2 tone ↓ -4.4 fwd EPS ↑ +0.11 Tone cooled even as the forward EPS estimate rose.
  • 2015 Q3 tone ↓ -3.2 fwd EPS ↑ +0.18 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q2 tone ↓ -2.1 fwd EPS ↑ +0.22 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q3 tone ↑ +6.0 fwd EPS ↓ -0.43 Tone rose while the forward EPS estimate was cut.
  • 2018 Q1 tone ↓ -13.4 fwd EPS ↑ +0.17 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q3 tone ↑ +8.6 fwd EPS ↓ -0.47 Tone rose while the forward EPS estimate was cut.
  • 2019 Q2 tone ↑ +4.2 fwd EPS ↓ -0.04 Tone rose while the forward EPS estimate was cut.
  • 2020 Q1 tone ↓ -3.1 fwd EPS ↑ +0.06 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q3 tone ↓ -4.6 fwd EPS ↑ +0.12 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q1 tone ↑ +7.7 fwd EPS ↓ -0.25 Tone rose while the forward EPS estimate was cut.
  • 2023 Q1 tone ↑ +6.3 fwd EPS ↓ -0.33 Tone rose while the forward EPS estimate was cut.
  • 2024 Q2 tone ↑ +10.0 fwd EPS ↓ -0.05 Tone rose while the forward EPS estimate was cut.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-05-08+6.5——View →
2024 Q42025-02-27+3.4——View →
2024 Q32024-11-07+10.6$2.714.4View →
2024 Q22024-08-08+13.9$2.733.7View →
2024 Q12024-05-09+3.9$2.784.3View →
2023 Q42024-02-28+7.8$2.793.6View →
2023 Q32023-11-07+8.2$2.903.4View →
2023 Q22023-08-07+8.2$2.923.4View →