Tennant Co reports results for the quarter ended in March - Earnings Summary

Tennant

28/04/2023 15:00

* Tennant Co  TNC.N  reported quarterly adjusted earnings of
$1.45​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of 84 cents per share.
    * Revenue rose 18.5% to $305.80 million from a year ago;
analysts
expected $272.53 million. 
    * Tennant Co's reported EPS for the quarter was $1.30​.
    * The mean earnings estimate of analysts had fallen by
about 17.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Tennant Co shares had fallen by 2.8% this quarter and
gained 8.2% so far this year.
    * The company reported quarterly net income of $24.3
million.
    * Wall Street's median 12-month price target for Tennant Co
is
$83.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
April 28 at 02:00 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.84           1.45           Beat
 Dec. 31 2022      1.21           1.46           Beat
 Sep. 30 2022      1.10           0.99           Missed
 Jun. 30 2022      0.87           0.92           Beat