TNC

Donaldson Company, Inc. DCI reported third-quarter fiscal 2026 (ended April 30, 2026) adjusted earnings of $1.06 per share, which topped the Zacks Consensus Estimate of $1.05. The bottom line was up 7.1% on a year-over-year basis. Total revenues of $995.1 million surpassed the Zacks Consensus Estimate of $979 million. The top line increased 5.8% year over year.Region-wise, Donaldson’s net sales in the United States/Canada increased 1.5% year over year to $427.1 million. Net sales increased 11.5% to $289.3 million in Europe, the Middle East and Africa. Latin America generated net sales of $105.9 million, reflecting an increase of 4.4%. Also, net sales in the Asia Pacific improved 9.2% to $172.8 million.Donaldson reports revenues under three segments, namely Mobile Solutions, Industrial Solutions and Life Sciences.A brief snapshot of segmental sales is provided below.The Mobile Solutions segment’s (accounting for 63.3% of net sales) sales were $629.9 million, indicating a year-over-year increase of 8.1%. Sales rose 8.8% in Off-Road and increased 5.2% in On-Road businesses during the quarter. Aftermarket sales improved 8.1% year over year.Revenues generated from the Industrial Solutions segment (28.3%) were $281.7 million, down 0.6% year over year. Industrial Filtration Solutions' sales increased 2.3% year over year. Sales decline of 13.5% in the Aerospace and Defense businesses affected the results.Revenues generated from the Life Sciences segment (8.4%) were $83.5 million, up 12.7% year over year. The results benefited from growth in new equipment volume in the Food & Beverage and Disk Drive businesses. Donaldson Company, Inc. price-consensus-eps-surprise-chart | Donaldson Company, Inc. Quote In the fiscal third quarter, Donaldson’s cost of sales increased 7% year over year to $661.7 million. Gross profit increased 3.6% to $333.4 million. The gross margin of 33.5% declined 70 basis points due to operating inefficiencies associated with production shifts and costs related to footprint optimization initiatives. Selling, general and administrative expenses were $158.9 million, up 4.3% year over year.Operating expenses were down 24% year over year to $178.1 million. Operating profit surged 77.7% to $155.3 million. The adjusted operating margin was 16.6%, up 30 bps year over year.The adjusted effective tax rate was 23.8% compared with 22.1% in the year-ago quarter...

Greif, Inc. GEF announced a 10.7% hike in its quarterly dividend payout. This is in sync with its long-standing commitment to returning capital to shareholders. Greif will pay the new quarterly dividend of 62 cents on its Class A Common Stock and 93 cents per share on its Class B Common Stock on July 1, 2026, to shareholders of record as of June 17, 2026. The raised dividend takes the company’s dividend yield from the current 3.5% to 3.9%. Greif has a three-year dividend growth rate of 3.8%. It has a payout ratio of 57.8%. Greif’s industry peer Sonoco Products Company SON has a quarterly dividend of 54 cents. Sonoco has a payout ratio of 37.1%. Sonoco’s current indicated annual dividend is one of the highest in the industry at $2.16. GEF’s another peer AptarGroup, Inc. ATR has a quarterly dividend of 48 cents. AptarGroup has a payout ratio of 33.5%. AptarGroup’s current indicated annual dividend is $1.92. At the end of second-quarter fiscal 2026, the adjusted free cash flow improved to $179.3 million from $86.6 million, aided by working capital management and lower cash interest tied to the company’s reduced leverage. Greif ended the quarter with $286.1 million in cash and cash equivalents, and a total debt of $1.01 billion. The increased dividend reflects the company’s strength in free cash flow generation and its balance sheet while investing in high-return organic growth opportunities. Greif remains committed to maintaining leverage below 2.0X. GEF shares have gained 17.7% in the past year against the industry's 12% decline. Image Source: Zacks Investment Research The company currently has a Zacks Rank #3 (Hold). A better-ranked stock from the Industrial Products sector is Tennant Company TNC. TNC sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here. Tennant has an average trailing four-quarter earnings surprise of 40.8%. The Zacks Consensus Estimate for TNC’s 2026 earnings is pinned at $5.15 per share. The company’s shares have gained 19.4% in a year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sonoco Products Company (SON) : Free Stock Analysis Report AptarGroup, Inc. (ATR) : Free Stock Analysis Report Greif, Inc. (GEF) : Free Stock Analysis Report Tennant Company (TNC) : Free Stock A...

EnerSys ENS reported fourth-quarter fiscal 2026 (ended March 31, 2026) adjusted earnings of $3.19 per share, which surpassed the Zacks Consensus Estimate of $3.00. The bottom line increased 7% year over year.EnerSys’ net sales of $988 million beat the consensus estimate of $973 million. The top line increased 1% year over year. The top-line results were driven by a favorable impact of 4% from pricing and the positive impact of 3% from foreign currency translation, partially offset by a 6% decline in organic volume. The Energy Systems segment’s sales (accounting for 43.1% of total sales) were $425.7 million, up 7% year over year. The Zacks Consensus Estimate for segmental net sales was $411 million. Net sales increased due to strength in data centers and U.S. Communications market. While volume was flat, price/mix and foreign currency translation had positive impacts of about 4% and 3%, respectively, on sales.The Motive Power segment generated net sales of $370.1 million (accounting for 37.5% of total sales), down 5.7% year over year. The consensus estimate for segmental net sales was $381 million. Volume declined 10% in the quarter. While foreign currency translation had a favorable impact of 3% on sales, price/mix had 1% positive impact on sales. Lower sales were attributable to tepid demand in the Americas region and softness in the EMEA automotive market.The Specialty segment’s sales were $192.2 million (accounting for 19.5% of total sales), up 8.1% year over year. The consensus estimate was $180 million. Results were impacted by softness in markets. While volume decreased 6%, price/mix and acquisitions had 11% and 2% positive impact on sales, respectively. Foreign currency translation positively impacted sales by 1%. Enersys price-consensus-eps-surprise-chart | Enersys Quote EnerSys' gross profit decreased 4.2% year over year to $290.9 million while the gross margin was down 180 basis points (bps) to 29.4%. Operating expenses were down 8.9% year over year to $148.3 million. Operating earnings decreased 5.8% to $123.7 million. The operating margin decreased 100 bps year over year to 12.5%. At the end of fiscal 2026, EnerSys had cash and cash equivalents of $438.7 million compared with $343.1 million at the end of fiscal 2025. Long-term debt (net of unamortized debt issuance costs) was $1.08 billion, relatively stable compared with fiscal 2025-end.EnerSys...

RBC Bearings Incorporated’s RBC fourth-quarter fiscal 2026 (ended March 28, 2026) adjusted earnings of $3.62 per share beat the Zacks Consensus Estimate of $3.31. The figure increased 27.9% from the year-ago adjusted earnings of $2.83 per share, supported by higher revenues. RBC Bearings’ revenues were $518 million, which increased 18.3% year over year. Also, the figure surpassed the Zacks Consensus Estimate of $505 million.While exiting the reported quarter, RBC had a backlog of $2.3 billion compared with $2.1 billion at the end of the third quarter of fiscal 2026 (ended Dec. 27, 2025).For fiscal 2026, RBC’s net sales totaled $1.87 billion, reflecting an increase of 14.3% year over year. Adjusted earnings came in at $12.39 per share, up 23.8% from the previous fiscal year. RBC Bearings Incorporated price-consensus-eps-surprise-chart | RBC Bearings Incorporated Quote The company currently has two reportable segments, namely Aerospace/Defense and Industrial. Its segmental performance for the fiscal fourth quarter is briefly discussed below:Industrial revenues of $295.9 million (representing 57.1% of the quarter’s revenues) were up 5.5% year over year. The consensus estimate for the Industrial segment’s revenues was pegged at $260 million.Aerospace & Defense revenues totaled $222.1 million (42.9%), up 41.2% year over year. The consensus estimate for the Aerospace/Defense segment’s revenues was pegged at $289 million. The company’s cost of sales rose 17.9% year over year to $288 million. Gross profit (on a reported basis) grew 18.9% to $230 million. The gross margin was up 20 bps from the year-ago figure to 44.4%. However, the adjusted gross margin increased 110 bps to 45.3%.Selling, general and administrative expenses (SG&A) were $86.9 million, up 20.5% year over year. Adjusted EBITDA jumped 20.8% to $168.9 million. The adjusted EBITDA margin was 32.6%, up 70 bps year over year.Adjusted operating income increased 22.3% year over year to $124.3 million. The adjusted margin increased 80 bps to 24%. Net interest expenses were $11.2 million compared with $12.8 million in the year-ago quarter. At the time of exiting the fiscal fourth quarter, RBC had cash and cash equivalents of $57.3 million compared with $36.8 million at the end of fiscal 2025. Long-term debt (less current portion) was $701.7 million, down from $918.4 million at the end of fiscal 2025.In fiscal 2...

Tennant’s first quarter results reflected continued operational stabilization in North America and strong demand for its robotics products, even as gross margins came under pressure from the lingering effects of its ERP system implementation. CEO David Huml credited broad-based order growth and a “robust funnel of opportunity for robotics” as key drivers for the solid start to the year. Management emphasized that while the North America ERP disruption reduced sales and margins early in the quarter, operational performance improved each month, supported by pricing actions and ongoing recovery efforts. Is now the time to buy TNC? Find out in our full research report (it’s free). Revenue: $297.9 million vs analyst estimates of $289.3 million (2.7% year-on-year growth, 3% beat) Adjusted EPS: $0.58 vs analyst estimates of $0.40 (43.8% beat) Adjusted EBITDA: $29.1 million vs analyst estimates of $22.03 million (9.8% margin, 32.1% beat) The company reconfirmed its revenue guidance for the full year of $1.26 billion at the midpoint Management reiterated its full-year Adjusted EPS guidance of $5 at the midpoint EBITDA guidance for the full year is $182.5 million at the midpoint, above analyst estimates of $173.1 million Operating Margin: 1.7%, down from 7.3% in the same quarter last year Market Capitalization: $1.48 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Thomas Hayes (ROTH Capital Partners) asked if Q1 order growth reflected catch-up from Q4 or genuine demand. CEO David Huml said most orders were real demand, not backlog catch-up, and robotics contributed materially to growth. Hayes (ROTH Capital Partners) also asked about how Brain Corp’s new platform differentiates Tennant. Huml explained that SelfPath AI enables robots to self-train, reduces deployment time, and improves obstacle identification, setting Tennant apart from peers. Hayes (ROTH Capital Partners) inquired about recent pricing actions and their impact on margins. Huml and CFO Fay West detailed that annual price increases and tariff-driven adjustments flowed through in Q1, supporting margin stabilization despite ERP costs. Steve Ferazani (Sidoti...

Helios Technologies, Inc. HLIO reported strong first-quarter 2026 performance, driven by broad-based demand and improved profitability. Adjusted earnings were 80 cents per share, up 82% year over year, and beat the Zacks Consensus Estimate of 68 cents by 17.6%. Revenues came in at $228.4 million, up 17% year over year, and topped the consensus mark of $220 million by 3.8%. On a non-GAAP basis, Helios also emphasized that sales grew 23% on a pro forma basis, reflecting the divestiture of Custom Fluidpower (“CFP”) and the impact of foreign exchange. Reported sales were weighted to the Americas, with EMEA and APAC also contributing meaningful shares of revenues. The top line exceeded expectations as both business segments contributed and geographic performance remained diversified. Electronics segment’s sales increased 29% year over year to $89.2 million, supported by strong demand across recreational and mobile markets, along with stability in health and wellness, food service, commercial and industrial markets. Segment gross margin improved 170 bps to 34.3%, while operating income rose 78% to $14.2 million. Hydraulics segment’s sales rose 10% to $139.2 million, driven by strength in mobile and agriculture markets. On a pro forma basis, excluding the Custom Fluidpower divestiture, Hydraulics growth was higher. Segment gross margin increased 220 bps to 31.8%, and operating income rose 34% to $23.4 million, Helios Technologies, Inc price-consensus-eps-surprise-chart | Helios Technologies, Inc Quote Gross profit rose 25%, with the gross margin expanding 220 basis points to 32.8%, supported by higher volumes, segment mix and cost efficiencies. Operating income increased 75.9% to $29.9 million, with operating margin improving 440 basis points (bps) to 13.1%. Adjusted EBITDA margin expanded 310 bps year over year to 20.4%, reflecting benefits from higher volume, segment mix and operating leverage, while management also highlighted record first-quarter operating cash generation. In the first three months of 2026, Helios generated net cash of $23.9 million from operating activities compared with $19 million in the year-ago period. Capital expenditure totaled $6.7 million in the same period, up 9.8% year over year. Free cash flow was $17 million in the quarter. Exiting first-quarter 2026, the company had total debt of $348.5 million, down from $367.1 million at the end...

Image source: The Motley Fool. Tuesday, May 5, 2026 at 10:00 a.m. ET President and Chief Executive Officer — David Huml Senior Vice President and Chief Financial Officer — Fay West Dave will discuss our results and enterprise strategy, and Fay will cover our financial. After our prepared remarks, we will open the call to questions. Our earnings press release and slide presentation that accompany this conference call are available on our Investor Relations website. Before we begin, please be advised that our remarks this morning and our answers to questions may contain forward-looking statements regarding the company's expectations of future performance. Such statements are subject to risks and uncertainties, and our actual results may differ materially from those contained in the statements. These risks and uncertainties are described in today's news release and the documents we file with the Securities and Exchange Commission. We encourage you to review those documents, particularly our safe harbor statement, for a description of the risks and uncertainties that may affect our results. Additionally, on this conference call, we will discuss non-GAAP measures that include or exclude certain items. Our 2026 first quarter earnings release and presentation include the comparable GAAP measures and a reconciliation of these non-GAAP measures to our GAAP results. I'll now turn the call over to Dave. David Huml: Thank you, Lorenzo, and good morning, everyone. Thank you for joining our Q1 2026 earnings call. This morning, I will begin with an overview of our first quarter performance, highlighting the key takeaways from the quarter. I will also provide an update on our North America ERP recovery, discuss progress in our AMR business and TNC robotics venture, share our outlook for the year and outline how we think about capital allocation more broadly. Fay will then walk through the quarter's financial results in greater detail and cover our full-year guidance. With that, let me start with our performance in the first quarter of 2026. Orders totaled $327 million, an increase of 10% year-over-year, demonstrating demand momentum. Growth was broad-based and driven by increased customer demand, execution of our enterprise growth strategies, and continued strength in robotics. Backlog increased approximately $32 million from year-end to $109 million. This growth provides c...

Tennant (TNC) reported Q1 adjusted earnings late Monday of $0.58 per diluted share, down from $1.12

Operational Performance Improved Sequentially as ERP Recovery Progressed Net Sales of $298 Million, a 2.7% Growth over Prior-Year Period Adjusted EBITDA of $29 Million as Operational Stabilization Progressed through Quarter Orders Increased 10% Year over Year, Reflecting Strong End-Market Demand MINNEAPOLIS, May 04, 2026--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its financial results for the quarter ended March 31, 2026. Highlights ERP recovery progressed steadily throughout the quarter, with core operational and customer‑facing processes showing clear improvement and performance strengthening meaningfully as the quarter progressed. Orders of $327 million increased 10% year over year, demonstrating strong and broad-based demand momentum. Net sales of $297.9 million increased 2.7% year over year, reflecting broad‑based pricing realization and favorable foreign currency effects, partially offset by lower volumes in North America related to ERP recovery impacts earlier in the quarter. Adjusted EBITDA(a) of $29.1 million, or 9.8% of net sales, exceeded expectations and improved sequentially as operating performance strengthened throughout the quarter, while elevated labor and freight costs tied to ERP recovery activities and ongoing ERP-related inefficiencies continued to pressure results. Adjusted diluted EPS(a) of $0.58 declined compared to the prior year, primarily due to lower gross margin rates and ERP‑related operating costs, partially offset by disciplined spending and the benefit of share repurchases. Returned capital to shareholders through share repurchases, with approximately $60 million deployed year to date, equivalent to about 5% of shares outstanding at the start of the year. "Our first quarter results reflect strong net sales growth and solid order demand as we advanced key strategic priorities across the business," said Dave Huml, Tennant President and Chief Executive Officer. "We saw robust order momentum throughout the quarter, along with strong robotics growth and other exciting developments that underscore the advancement of our key growth initiatives. During the quarter, we achieved meaningful ERP stabilization, with margin impacts decreasing each month as recovery efforts progressed, and we are now turning our focus toward optimization and efficiency. We are encouraged by this positive trajec...

EDEN PRAIRIE, Minn. (AP) — EDEN PRAIRIE, Minn. (AP) — Tennant Co. (TNC) on Monday reported earnings of $200,000 in its first quarter. The Eden Prairie, Minnesota-based company said it had profit of 1 cent per share. Earnings, adjusted for non-recurring costs and amortization costs, were 58 cents per share. The maker of products for cleaning floors, parking lots and hospitals posted revenue of $297.9 million in the period. Tennant expects full-year earnings in the range of $4.70 to $5.30 per share, with revenue in the range of $1.24 billion to $1.28 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TNC at https://www.zacks.com/ap/TNC

Tennant (TNC) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $1.12 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +146.81%. A quarter ago, it was expected that this maker of products for cleaning floors, parking lots and hospitals would post earnings of $1.68 per share when it actually produced earnings of $1.39, delivering a surprise of -17.26%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Tennant, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $297.9 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 6.39%. This compares to year-ago revenues of $290 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Tennant shares have added about 12.3% since the beginning of the year versus the S&P 500's gain of 5.6%. While Tennant has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Tennant was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete lis...

Performance was defined by the stabilization of North American operations following ERP go-live disruptions, with core workflows reaching reliable scale by quarter-end. Net sales growth of 2.7% was driven by pricing realization and favorable currency, which largely offset volume declines caused by a planned two-week inventory shutdown in January. Gross margin compression of 330 basis points year-over-year was primarily attributed to incremental labor, freight, and expediting costs required to restore customer service levels. Management noted a significant sequential improvement in gross margin throughout the quarter, exiting March at an enterprise rate of approximately 40%. The robotics business saw an 85% year-over-year revenue increase, reaching 9% of total net sales as the company capitalizes on double-digit market growth rates. Strategic focus has shifted from fixing ERP functionality to driving efficiency and throughput optimization to recover equipment backlog in the second half of the year. Full-year 2026 guidance was reaffirmed, assuming results will be weighted toward the second half as ERP-related inefficiencies subside and pricing benefits flow through. Management expects gross margins to reach the low 40s in the second half of the year, supported by a target normalized annual rate of approximately 42% to 43%. The EMEA ERP implementation has been intentionally delayed beyond 2026 to ensure the organization remains focused on optimizing North American execution first. The company plans to launch 10 new AMR products over the next 24 months, supported by an extended exclusivity agreement with Brain Corp through 2029. Guidance assumes that approximately two-thirds of the ERP-related sales shortfall from Q1, specifically equipment orders, will be recovered within the fiscal year. Executed an opportunistic $60 million share repurchase (5% of outstanding shares) in response to what management termed an 'event-driven dislocation' in share price. The ERP disruption resulted in an estimated $23 million reduction in net sales and a $17 million impact on gross margin during the first quarter. A new 2 million share repurchase authorization was established, bringing total capacity to approximately 15% of basic shares outstanding. Management is monitoring Middle East geopolitical tensions for potential freight and input cost impacts, though current guidance is b...