Tennant Co expected to post earnings of $1.15 a share - Earnings Preview

Tennant

27/10/2023 19:36

* Tennant Co  TNC.N   TNC  is expected to show a rise in
quarterly
revenue when it reports  results on October 31. 
    * The Eden Prairie Minnesota-based  company is expected to
report 
a 12.8% increase in revenue to $296.6 million from $262.9
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 $1.15 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
$100​, above​ its last closing price of $73.55. ​​​

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 2023  1.16        1.16       1.86      Beat    60.8
 Mar. 31 2023  0.83        0.84       1.45      Beat    73.3
 Dec. 31 2022  1.22        1.21       1.46      Beat    20.3​
 Sep. 30 2022  1.10        1.10       0.99      Missed  -10
 ​​Jun.        0.86        0.87       0.92      Beat    6.4
 30 2022                                                
 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
 This summary was machine generated October 27 at 18:35 GMT.  All
figures in US dollars  unless otherwise stated