Tennant Company expected to report revenue growth of 3.8% and adjusted earnings of $1.37 per share.
From Stock Story: 2025-02-16 08:01:07
Tennant Company will be announcing earnings tomorrow after the bell. Last quarter, Tennant missed revenue expectations by 1.1%, reporting $315.8 million, up 3.6% year on year. Analysts expect revenue to grow 3.8% to $323.3 million this quarter, with adjusted earnings at $1.37 per share. Peers in the water infrastructure sector have reported mixed results, with some beating estimates. Tennant’s stock is up 2.5% in the last month, while water infrastructure stocks are down 4.6% on average. Inflation progress towards the Fed’s 2% goal has fueled strong market performance.
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Read more at Stock Story: Tennant (TNC) Q4 Earnings: What To Expect