| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q4'26 | August 6, 2026 | 6/12 | No flags | 0 | 0 | Call sheet → |
| Q3'26 | 2026-04-30 | 9/12 | 3 medium, 3 low flags | 5 | 1 | Call sheet → |
| Q2'26 | January 29, 2026 | 10/12 | 2 medium, 6 low flags | 4 | 0 | Call sheet → |
| Q1'26 | 2025-11-06 | 10/12 | 2 medium, 4 low flags | 5 | 0 | Call sheet → |
| Q4'25 | 2025-08-07 | 11/12 | 1 medium, 5 low flags | 5 | 1 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q3'26 | Delivered | Free cash flow conversion greater than 100% (Q2) YTD at nearly 15% of sales, on track |
| Q3'26 | Delivered | Integration planning underway for Filtration Group (Q2) Confirmed teams assembled and working together |
| Q3'26 | Missed | 27% adjusted segment operating margins Q3 (Q2 guidance) Delivered 26.7%, close but slightly below |
| Q3'26 | Exceeded | Aerospace organic growth of 11% full year (Q2 guidance) Raised to 12% full year |
| Q3'26 | Exceeded | Q3 organic growth approximately 5% (Q2 guidance) Delivered 6.5%, solid beat |
| Q3'26 | Exceeded | Q3 adjusted EPS expected to be $7.75 (Q2 guidance) Delivered $8.17, beat by $0.42 |
| Q2'26 | Delivered | International to show gradual improvement Europe turned positive for first time, Asia Pac accelerated to +9% |
| Q2'26 | Pending | Free cash flow conversion >100% for the year Raised full year guide, on track but second-half weighted as usual |
| Q2'26 | Pending | Curtis integration to be smooth using proven playbook Only one quarter in, but language upgraded to 'well underway' from 'planning' |
| Q2'26 | Exceeded | Aerospace margins to remain strong with volume benefits Hit 30.2% vs 30.0% last quarter, continuing record performance |
| Q2'26 | Delivered | North America Industrial to return to positive growth Achieved +2.5% in Q2, first positive in 7 quarters as promised |
| Q2'26 | Exceeded | Organic growth guidance of 4% midpoint for FY26 Raised to 5% midpoint after just one quarter, ahead of schedule |
| Q1'26 | Delivered | Curtis acquisition closing by end of calendar year Closed in September, ahead of schedule |
| Q1'26 | Pending | Free cash flow conversion greater than 100% Q1 at 86%, management reaffirmed full year >100% target |
| Q1'26 | Exceeded | Adjusted segment operating margin of 26.5% Raised 50 bps to 27.0% for full year |
| Q1'26 | Exceeded | Aerospace organic growth of 8% Raised to 9.5% at midpoint |
| Q1'26 | Exceeded | North America Industrial organic growth of 1% Raised to 2% after Q1 came in at +2% vs -1.5% guide |
| Q1'26 | Exceeded | FY26 organic growth of 3% at midpoint Raised to 4% at midpoint after Q1 outperformance |
| Q4'25 | Exceeded | 25.9% segment operating margin for FY25 (Q3) Delivered 26.1%, 20bps above guidance |
| Q4'25 | Exceeded | Q4 adjusted EPS $7.05 (Q3) Delivered $7.69, beating by $0.64 |
| Q4'25 | Exceeded | Free cash flow $3.1B for FY25 (Q3) Delivered record $3.3B, beating guidance |
| Q4'25 | Delivered | Fully mitigate $375M tariff impact (Q3) Maintained EPS guidance and claimed no impact to earnings |
| Q4'25 | Missed | Lower implant and industrial to negative low single-digits (Q3) They guided negative low singles but finished FY25 closer to flat |
| Q4'25 | Delivered | Raise full-year organic growth to 12% in Aerospace (Q3) Finished FY25 at 13% organic growth in Aerospace |
Get free previews of our earnings-call research: the key changes, management scores, and questions worth investigating. Subscribe for full call sheets and deeper analysis.
Subscriptions are managed by Substack. If the form does not load, subscribe directly. Or follow the RSS feed.