Tennant Co expected to post earnings of $1.10 a share - Earnings Preview

Tennant

25/10/2022 19:36

* Tennant Co  TNC.N   TNC  is expected to show a rise in
quarterly
revenue when it reports  results on October 27. 
    * The Eden Prairie Minnesota-based  company is expected to
report 
a 5.6% increase in revenue to $287.167 million from $272 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Tennant Co is for
earnings of $1.10 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Tennant Co
is
$85​, above​ its last closing price of $59.44. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.86        0.87       0.92      Beat    6.4
 Mar. 31 2022  0.89        0.88       0.73      Missed  -16.6
 Dec. 31 2021  0.64        0.63       0.71      Beat    13.6​
 Sep. 30 2021  0.86        0.86       1.33      Beat    54.7
 ​​Jun.        0.98        0.98       1.18      Beat    20
 30 2021                                                
 Mar. 31 2021  0.59        0.56       1.17      Beat    110.8​
 Dec. 31 2020  0.44        0.44       0.48      Beat    8.5
 Sep. 30 2020  0.38        0.41       0.90      Beat    119.5
 This summary was machine generated October 25 at 18:35 GMT.  All
figures in US dollars  unless otherwise stated