Tennant Co reports results for the quarter ended December 31 - Earnings Summary
17/02/2025 23:00
* Tennant Co TNC.N reported quarterly adjusted earnings of
$1.52 per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of
$1.92. The mean expectation of three analysts for the quarter
was for earnings of $1.37 per share. Wall Street expected
results to range from $1.30 to $1.43 per share.
* Revenue rose 5.6% to $328.90 million from a year ago;
analysts
expected $323.27 million.
* Tennant Co's reported EPS for the quarter was 35 cents.
* The company reported quarterly net income of $6.6 million.
* Tennant Co shares had risen by 8.2% this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 2.1%
in the last three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the industrial
machinery & equipment peer group is also "strong buy"
Wall Street's median 12-month price target for Tennant Co is
$125.00
This summary was machine generated from LSEG data February 17 at
11:00 p.m. UTC. 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2024 1.37 1.52 Beat
Sep. 30 2024 1.44 1.39 Missed
Jun. 30 2024 1.72 1.83 Beat
Mar. 31 2024 1.42 1.81 Beat