| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q2'26 | July 28, 2026 | 5/12 | 1 high, 3 medium, 4 low flags | 2 | 3 | Call sheet → |
| Q1'26 | April 30, 2026 | 9/12 | 2 medium, 4 low flags | 1 | 0 | Call sheet → |
| Q4'25 | February 3, 2026 | 11/12 | - | 6 | 0 | Call sheet → |
| Q3'25 | October 24, 2025 | 9/12 | 3 medium, 3 low flags | 5 | 0 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q2'26 | Exceeded | CBI improvement in 2026 3% in first half vs 2.4% full year 2025 |
| Q2'26 | Delivered | Test & measurement margin improvement 240bp improvement to 25.2% |
| Q2'26 | Missed | Food equipment positive organic growth starting in Q2 Still at 0% organic, pushed to second half |
| Q2'26 | Missed | Meaningful sequential improvement in China auto from Q1 to Q2 China only up 1% in Q2 vs -3% in Q1, not meaningful |
| Q2'26 | Missed | Incremental margins in the mid to high 40s Only 40% due to price-cost issues they didn't anticipate |
| Q2'26 | Pending | Operating margin improvement of approximately 100 basis points for full year On track with 60bp in Q1, 40bp in Q2 despite price-cost headwind |
| Q2'26 | Pending | All seven segments to deliver positive organic growth in 2026 Food equipment still at 0%, specialty not disclosed separately |
| Q1'26 | Pending | CBI contribution to accelerate in 2026 Language became vaguer, no specific yield number provided |
| Q1'26 | Delivered | Mid to high-40s incremental margins Q1 incrementals ~40%, expect sequential improvement |
| Q1'26 | Pending | Every segment will improve margins in 2026 Q1 results mixed but they reiterated this commitment |
| Q1'26 | Pending | Organic growth 1-3% for full year Q1 at 0.4% but management says April trending toward 'high end of range' |
| Q1'26 | Pending | Operating margin expansion of ~100bps to 26.5-27.5% range Q1 at 25.4% suggests back-half weighted improvement needed |
| Q1'26 | Pending | All seven segments to show positive organic growth in 2026 Q1 had Automotive and Food Equipment negative, though they maintain this will turn positive |
| Q4'25 | Delivered | All seven segments expanding operating margins in Q4 Every segment delivered margin expansion between 80-210 basis points |
| Q4'25 | Delivered | EPS guidance midpoint of $10.45 (raised $0.10 last quarter) Narrowed range to $10.40-$10.50, tracking to midpoint |
| Q4'25 | Delivered | Tariff-related pricing actions will more than offset tariff costs Price-cost was positive in Q4, both dollar and margin impact |
| Q4'25 | Exceeded | Enterprise initiatives contributing 125 basis points to full year operating margins Delivered 140bps in Q4, consistent throughout year |
| Q4'25 | Delivered | Test & Measurement margins and revenues to improve meaningfully in Q4 Revenue up 6%, margins at 28.1% with 110bps improvement |
| Q4'25 | Exceeded | Auto OEM margins to low-to-mid 20s by 2026 Hit 21.8% in Q4 2025, already in target range a year early |
| Q3'25 | Delivered | Free cash flow conversion 100%+ for full year Q3 at 110% conversion, well on track |
| Q3'25 | Delivered | Automotive OEM outperform builds by 200-300 bps Maintaining guidance with updated build forecasts |
| Q3'25 | Delivered | Pricing actions will more than offset tariff costs Confirmed both EPS and margin positive impact |
| Q3'25 | Delivered | Test & Measurement margins to recover to mid-to-high 20s in second half Achieved 25.4% in Q3, 25.9% excluding restructuring |
| Q3'25 | Exceeded | Enterprise initiatives 100+ basis points full year (Q2) Now guiding 125 bps vs 100+ originally |
| Q3'25 | Pending | Second half organic growth of 2% to 3% (implied from Q2) Q3 delivered 1% organic, need strong Q4 to hit range |
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