Tennant Co expected to post earnings of 88  cents a share - Earnings Preview

Tennant

26/04/2022 17:52

* Tennant Co  TNC.N   TNC  is expected to show a rise in
quarterly
revenue when it reports  results on April 28. 
    * The Eden Prairie Minnesota-based  company is expected to
report 
a 6.2% increase in revenue to $279.5 million from $263.3 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Tennant Co is for
earnings of 88 cents per share. For the same quarter last year,
the company reported earnings of $1.17 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "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
$90.5​, above​ its last closing price of $73.51. ​​​

This summary was machine generated April 26 at 16:52 GMT.  All
figures in US dollars  unless otherwise stated