Tennant Co expected to post earnings of $1.16 a share - Earnings Preview

Tennant

02/08/2023 19:32

* Tennant Co  TNC.N   TNC  is expected to show a rise in
quarterly
revenue when it reports  results on August 4. 
    * The Eden Prairie Minnesota-based  company is expected to
report 
a 4.1% increase in revenue to $291.667 million from $280.2
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 $1.16 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
$88​, above​ its last closing price of $80.27. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.83        0.84       1.45      Beat    73.3
 Dec. 31 2023  1.22        1.21       1.46      Beat    20.3
 Sep. 30 2022  1.10        1.10       0.99      Missed  -10​
 Jun. 30 2022  0.86        0.87       0.92      Beat    6.4
 ​​Mar.        0.89        0.88       0.73      Missed  -16.6
 31 2022                                                
 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. 30 2021  0.98        0.98       1.18      Beat    20
 This summary was machine generated August 2 at 18:32 GMT.  All
figures in US dollars  unless otherwise stated