Tennant Co expected to post earnings of $1.72 a share - Earnings Preview

Tennant

06/08/2024 19:32

* Tennant Co  TNC.N   TNC  is expected to show a rise in
quarterly
revenue when it reports  results on August 8 for the period
ending June 30 2024
    * The Eden Prairie Minnesota-based  company is expected to
report
a 1.7% increase in revenue to $327.15 million from $321.7
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Tennant Co is for
earnings of
$1.72 per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "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
$141.50​, above​ its last closing price of $94.99. ​​​

This summary was machine generated August 6 at 18:31 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)