Tennant Stock (NYSE:TNC), Trade Ideas

Tennant

Tennant Co is a manufacturer of floor cleaning equipment, wood flooring, and wood products. It operates in four geographic business units including North America; Latin America; Europe, Middle East, Africa; and Asia Pacific. The company offers products and solutions consisting of mechanized cleaning equipment, detergent-free, and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, specialty surface coatings, and business solutions such as financing, rental and leasing programs, and machine-to-machine asset management solutions.

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As of March 15, 2024, five stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

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Tennant Company expands into Eastern Europe with the acquisition of TCS EMEA, aiming to enhance its global sales and service network.

Tennant Acquires TCS EMEA To Expand Presence In Eastern Europe

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

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Tennant shares are trading lower. The company reported Q1 financial results.

Guidance

Tennant Reaffirmed FY24 Net Sales Of $1.27B-$1.295B (Est $1.288B), Adjusted EPS Of $6.05-$6.65 (Est $6.46)

Tennant Reaffirmed FY24 Organic Net Sales Growth Of 2.0%-4.0%

Tennant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNC#NYSE">TNC</a>) reported quarterly earnings of $1.81 per share which beat the analyst consensus estimate of $1.42 by 27.46 percent. The company reported quarterly sales of $311.000 million which beat the analyst consensus estimate of $310.467 million by 0.17 percent. This is a 1.70 percent increase over sales of $305.800 million the same period last year.

Earnings

Earnings Beats

Tennant Q1 2024 Adj EPS $1.81 Beats $1.42 Estimate, Sales $311.000M Beat $310.467M Estimate

EF Hutton analyst Tim Moore maintains Tennant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNC#NYSE">TNC</a>) with a Buy and maintains $140 price target.

EF Hutton Maintains Buy on Tennant, Maintains $140 Price Target

As of March 15, 2024, five stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi"> RSI is above 70</a>, according to <a href="https://pro.benzinga.com/"> Benzinga Pro</a>.
Here&rsquo;s the latest list of major overbought players in this sector.
<h3>Grindrod Shipping Holdings Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/grin#NASDAQ">GRIN</a>)</h3>
<ul>
<li>On Feb. 28, Grindrod Shipping posted a narrower-than-expected quarterly loss. The company&rsquo;s stock gained around 11% over the past five days and has a <a href="https://www.benzinga.com/quote/GRIN">52-week high of $14.90 </a>.</li>
<li>RSI Value: 72.96</li>
<li>GRIN Price Action: Shares of Grindrod Shipping gained 6.7% to close at $9.73 on Thursday.</li>
</ul>
<h3>NuScale Power Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/smr#NYSE">SMR</a>)</h3>
<ul>
<li>On March 14, NuScale Power posted downbeat quarterly sales. &quot;Over the course of 2023, we made significant progress towards commercializing our SMR technology, including continued activities to ensure readiness for manufacturing of our first NuScale Power Modules, building traction amongst data centers and further developing industrial applications for SMRs, such as process heat, hydrogen, and ammonia production,&quot; said John Hopkins, President and Chief Executive Officer of NuScale Power. The company&rsquo;s stock gained around 55% over the past five days and <a href="https://www.benzinga.com/quote/SMR"> has a 52-week high </a> of $9.27.</li>
<li>RSI Value: 84.89</li>
<li>SMR Price Action: Shares of NuScale Power gained 2.3% to close at $7.24 on Thursday.</li>
</ul>
<h3>Copart, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cprt#NASDAQ">CPRT</a>)</h3>
<ul>
<li>On March 11, Copart named Jeff Liaw as CEO and Director, and Jay Adair as Executive Chairman. The company&rsquo;s stock gained around 13% over the past month has a <a href="https://www.benzinga.com/quote/CPRT"> 52-week high </a> of $56.96.</li>
<li>RSI Value: 75.07</li>
<li>CPRT Price Action: Shares of Copart gained 0.3% to close at $56.42 on Thursday.</li>
</ul>
<h3>General Electric Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ge#NYSE">GE</a>)</h3>
<ul>
<li>On March 7, General Electric said that GE Aerospace reaffirmed its guidance, presenting a longer-term financial outlook, including achieving operating profit worth $10 billion in 2028. The company&rsquo;s stock jumped around 12% over the past month and has a 52-week high is $175.81.</li>
<li>RSI Value: 72.30</li>
<li>GE Price Action: Shares of General Electric fell 2% to close at $166.75 on Wednesday.</li>
</ul>
<h3>Tennant Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tnc#NYSE">TNC</a>)</h3>
<ul>
<li>On March 1, Tennant announced that it has acquired M&amp;F Management and Financing, the parent company of TCS EMEA, as Tennant seeks to accelerate growth in the EMEA region. The company&rsquo;s stock jumped around 10% over the past month and <a href="https://www.benzinga.com/quote/TNC"> has a 52-week high </a> of $117.00.</li>
<li>RSI Value: 70.55</li>
<li>TNC Price Action: Shares of Tennant fell 0.6% to close at $112.07 on Thursday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/24/03/37687466/how-to-earn-500-a-month-from-pfizer-stock-after-a-surprise-profit-turning-quarter"> How To Earn $500 A Month From Pfizer Stock After A Surprise Profit-Turning Quarter </a>

On Friday,&nbsp;Tennant Company&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNC#NYSE">TNC</a>) announced that it has acquired M&amp;F Management and Financing, the parent company of TCS EMEA, as Tennant seeks to&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/03/b37413852/tennant-company-acquires-long-time-distributor-of-tennant-equipment-to-accelerate-growth-in-the-ce" rel="noreferrer noopener">accelerate growth in the EMEA region</a>.
Terms of the transaction were not disclosed. The acquisition gives Tennant an established direct channel into countries including Romania, Hungary, the Czech Republic, and Slovakia.
Under the deal, the company will also have an expanded network in Austria, Switzerland, Poland, and other nations in the region, as well as the Middle East and Africa.
The acquisition aligns with Tennant&#8217;s strategy of investing in firms possessing commercial capabilities. This move aims to extend Tennant&#8217;s cleaning solutions to new markets and enhance its global sales and service network.
&#8220;We are confident that we can leverage the experienced TCS team to increase our presence in Eastern Europe while using Tennant&#8217;s extensive resources in the region to support the strong service that TCS has always provided their customers,&#8221; said Rusty Zay, Senior Vice President and Chief Commercial Officer for Tennant Company.&nbsp;
Price Action: TNC shares closed lower by 0.25% to $113.19 on Thursday.
Photo via Shutterstock

Tennant Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNC#NYSE">TNC</a>), a world leader in designing, manufacturing, and marketing solutions that help create a cleaner, safer, healthier world, today announced that it has acquired M&amp;F Management and Financing GmbH (&quot;M&amp;F&quot;), the parent company of TCS EMEA GmbH (&quot;TCS&quot;), as Tennant seeks to accelerate growth in the EMEA region.
Based in Austria, TCS is Tennant Company&#39;s largest Central and Eastern Europe distributor. The acquisition gives Tennant a knowledgeable and experienced sales force and an established direct channel into countries including Romania, Hungary, Czech Republic, and Slovakia, along with an expanded network in Austria, Switzerland, Poland, and other nations in the region, as well as the Middle East and Africa.

Tennant Acquires Long-Time Distributor Of Tennant Equipment, M&F Management And Financing, To Accelerate Growth In The Central & Eastern Europe Region; Terms Not Disclosed

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.
<ul>
<li>JP Morgan raised the price target for The Gap, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gps#NYSE">GPS</a>) from $16 to $20. JP Morgan analyst Matthew Boss upgraded the stock from Underweight to Neutral. Gap shares gaiend 1.9% to close at $19.45 on Friday. <a href="https://www.benzinga.com/quote/GPS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Barclays boosted Toll Brothers, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tol#NYSE">TOL</a>) price target from $95 to $115. Barclays analyst Matthew Bouley maintained an Underweight rating. Toll Brothers shares gained 1.3% to close at $111.30 on Friday. <a href="https://www.benzinga.com/quote/TOL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>EF Hutton increased the price target for Tennant Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tnc#NYSE">TNC</a>) from $115 to $140. EF Hutton analyst Tim Moore maintained a Buy rating. Tennant shares rose 4.5% to close at $106.21 on Friday. <a href="https://www.benzinga.com/quote/TNC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays raised AerCap Holdings N.V. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aer#NYSE">AER</a>) price target from $84 to $93. Barclays analyst Mark Devries maintained an Overweight rating. AerCap shares fell 0.9% to close at $77.85 on Friday. <a href="https://www.benzinga.com/quote/AER/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>HSBC increased the price target for Moderna, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mrna#NASDAQ">MRNA</a>) from $75 to $86. HSBC analyst Yifeng Liu downgraded the stock from Hold to Reduce. Moderna shares fell 3% to close at $96.46 on Friday. <a href="https://www.benzinga.com/quote/MRNA/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Mizuho boosted the price target for Hess Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hes#NYSE">HES</a>) from $170 to $200. Mizuho analyst Nitin Kumar maintained a Neutral rating. Hess shares fell 0.4% to close at $149.11 on Friday. <a href="https://www.benzinga.com/quote/HES/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wells Fargo boosted National Health Investors, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nhi#NYSE">NHI</a>) price target from $55 to $63. Wells Fargo analyst Connor Siversky upgraded the stock from Equal-Weight to Overweight. National Health Investors shares rose 0.3% to close at $57.76 on Friday. <a href="https://www.benzinga.com/quote/NHI/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley boosted HashiCorp, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hcp#NASDAQ">HCP</a>) price target from $23 to $30. Morgan Stanley analyst Sanjit Singh upgraded the stock from Equal-Weight to Overweight. HashiCorp shares gained 2.4% to close at $22.12 on Friday. <a href="https://www.benzinga.com/quote/HCP/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Keefe, Bruyette &amp; Woods boosted Root, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/root#NASDAQ">ROOT</a>) price target from $10 to $22. Keefe, Bruyette &amp; Woods analyst Thomas McJoynt-Griffith upgraded the stock from Market Perform to Outperform. Root shares climbed 27.6% to close at $16.96 on Friday. <a href="https://www.benzinga.com/quote/ROOT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Canaccord Genuity raised Block, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sq#NYSE">SQ</a>) price target from $80 to $95. Canaccord Genuity analyst Joseph Vafi maintained a Buy rating. Block shares gained 16.1% to close at $78.92 on Friday. <a href="https://www.benzinga.com/quote/SQ/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
&nbsp;
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EF Hutton analyst Tim Moore maintains Tennant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNC#NYSE">TNC</a>) with a Buy and raises the price target from $115 to $140.

EF Hutton Maintains Buy on Tennant, Raises Price Target to $140

Tennant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNC#NYSE">TNC</a>) reported its Q4 earnings results on Thursday, February 22, 2024 at 08:55 AM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Tennant beat estimated earnings by 53.6%, reporting an EPS of $1.92 versus an estimate of $1.25.
Revenue was up $20.40 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company beat on EPS by $0.19 which was followed by a 6.99% increase in the share price the next day.
Here's a look at Tennant's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.15</td>
<td>1.16</td>
<td>0.84</td>
<td>1.21</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.34</td>
<td>1.86</td>
<td>1.45</td>
<td>1.46</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>296.60M</td>
<td>291.67M</td>
<td>272.53M</td>
<td>291.20M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>304.70M</td>
<td>321.70M</td>
<td>305.80M</td>
<td>291.00M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Tennant <a href="https://www.benzinga.com/quote/TNC/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Tennant: Q4 Earnings Insights

Tennant Expects 2024 Net Sales Of $1.27B-$1.295B (Est $1.292B), Adjusted EPS Of $6.05-$6.65 (Est $6.26)

Tennant Targets 2024 Organic Net Sales Growth Of 2%-4% Split Equally Between Price And Volume Growth

Tennant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNC#NYSE">TNC</a>) reported quarterly Adj earnings of $1.92 per share which beat the analyst consensus estimate of $1.25 by 53.6 percent. This is a 31.51 percent increase over earnings of $1.46 per share from the same period last year. The company reported quarterly sales of $311.40 million which beat the analyst consensus estimate of $309.97 million by 0.46 percent. This is a 7.01 percent increase over sales of $291.00 million the same period last year.

Tennant Q4 Adj EPS $1.92 Beats $1.25 Estimate, Sales $311.40M Beat $309.97M Estimate

<ul>
<li>Tennant invests in Brain Corp to fuel the next generation of AI-enabled robotic cleaning technologies, enhance customer Return on Investment, and accelerate Autonomous Mobile Robotic ("AMR") revenue growth</li>
<li>Expanded relationship creates a differentiated customer support ecosystem led by Tennant sales and service and supported by Brain Corp analytics and insights</li>
</ul>

Contracts

Tennant Company And Brain Corp Sign Exclusive Technology Agreement; Tennant Invested $32M In Brain Corp

Tennant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNC#NYSE">TNC</a>) is set to give its latest quarterly earnings report on Thursday, 2024-02-22. Here's what investors need to know before the announcement.
Analysts estimate that Tennant will report an earnings per share (EPS) of $1.26. 
Tennant bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company beat EPS by $0.19, which was followed by a 6.99% increase in the share price the next day.
Here's a look at Tennant's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.15</td>
<td>1.16</td>
<td>0.84</td>
<td>1.21</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.34</td>
<td>1.86</td>
<td>1.45</td>
<td>1.46</td>
</tr>
<tr>
<td>Price Change %</td>
<td>6.99%</td>
<td>3.05%</td>
<td>14.76%</td>
<td>-1.64%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1708534889_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Tennant were trading at $102.18 as of February 20. Over the last 52-week period, shares are up 39.6%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/TNC/earnings">To track all earnings releases for Tennant visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Tennant Earnings Preview

Kristin A Erickson, SVP at Tennant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNC#NYSE">TNC</a>), reported a large insider sell on November 9, according to a new SEC filing. 
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0000097134/000141588923014950//Archives/edgar/data/97134/000141588923014950/0001415889-23-014950-index.htm">U.S. Securities and Exchange Commission</a> on Thursday showed that Erickson sold 950 shares of Tennant. The total transaction amounted to $77,900. 
Tennant shares are trading down 0.0% at $83.45 at the time of this writing on Friday morning.
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<h3>Why Insider Transactions Are Important</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Transaction Codes To Focus On</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates the insider may have been forced to sell shares in order to receive compensation that had been promised upon being hired by the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000097134">Check Out The Full List Of Tennant's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

SVP At This Industrials Company Sells $77K of Stock

Kristin A Erickson, SVP at Tennant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNC#NYSE">TNC</a>), reported a large acquisition of company stock options on November 9, according to a new SEC filing.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0000097134/000141588923014950//Archives/edgar/data/97134/000141588923014950/0001415889-23-014950-index.htm">U.S. Securities and Exchange Commission</a> on Thursday showed that Erickson, SVP at Tennant, a company in the Industrials sector, was just awarded stock options worth 950 shares of TNC. The options give Erickson the right to buy the company's stock at $60.67 per share.
Tennant shares are trading down 0.0% at $83.45 at the time of this writing on Friday morning. Since the current price is $83.45, this makes Erickson's 950 shares worth $79,277.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Transactions Are Important</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Transaction Codes To Focus On</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates the insider may have been forced to sell shares in order to receive compensation that had been promised upon being hired by the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000097134">Check Out The Full List Of Tennant's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Tennant SVP Awarded $79K Worth of Stock Options

<a href="https://investors.tennantco.com/files/doc_presentations/2023/Nov/06/investor-deck-november-2023-final.pdf">https://investors.tennantco.com/files/doc_presentations/2023/Nov/06/investor-deck-november-2023-final.pdf</a>
&nbsp;

Tennant Co Sees 2023 Net Sales $1.23B-$1.25B Vs $1.23B Est.; Sees 2023 Adjusted Diluted EPS $5.70-$6.10 Vs $5.58 Est.; Sees 2023 Adjusted EBITDA $190M-$200M

CJS Securities analyst Christopher Moore upgrades Tennant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNC#NYSE">TNC</a>) from Market Perform to Market Outperform and announces $100 price target.

Upgrades

CJS Securities Upgrades Tennant to Market Outperform, Announces $100 Price Target

Enerpac Tool Group: Assessing The Picture Heading Into Earnings, I Am Unimpressed

ClearBridge Small Cap Growth Strategy Q2 2024 Portfolio Manager Commentary

Tennant Company Cleaned Up Nicely (Rating Downgrade)

Tennant Company declares $0.28 dividend

Notable earnings before Friday's open

Tennant Q1 2024 Earnings Preview

Tennant beats top-line and bottom-line estimates; reaffirms FY24 outlook

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Tennant (NYSE:<a href="https://investorplace.com/stock-quotes/tnc-stock-quote/">TNC</a>) just reported results for the first quarter of 2024.<ul><li>Tennant reported earnings per share of $1.81. This was above the analyst estimate for EPS of $1.42.</li><li>The company reported revenue of $311.00 million.</li><li>This was 0.17% better than the analyst estimate for revenue of $310.47 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/05/tnc-stock-earnings-tennant-for-q1-of-2024/">TNC Stock Earnings: Tennant Beats EPS, Beats Revenue for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

TNC Stock Earnings: Tennant Beats EPS, Beats Revenue for Q1 2024

Tennant Company (TNC) Q1 2024 Earnings Call Transcript

Tennant Company 2024 Q1 - Results - Earnings Call Presentation

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Press Releases

Tennant Company Declares Regular Quarterly Cash Dividend

Tennant Company and Brain Corp Sign Exclusive Technology Agreement To Accelerate Robotic Floor Cleaning Innovation and Adoption

Tennant Company Reports Record 2023 Fourth-Quarter and Full-Year Results

Tennant Company Acquires Long-Time Distributor of Tennant Equipment to Accelerate Growth in the Central & Eastern Europe Region

Tennant Company to Host Investor Day on May 13, 2024

Tennant Company to Report First Quarter 2024 Results on May 3, 2024

Tennant Company Launches International Expansion of the i-mop Family of Products

Tennant Company Reports First Quarter 2024 Results

Tennant Company Announces Senior Leadership Updates to Direct ERP Transformation and Drive Product Innovation