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Tennant: A Hidden Champion Of Autonomous Robots Pays Growing Dividends
Seeking Alpha· 2024-12-12 13:45
Tennant (NYSE: TNC ) is a manufacturer of professional cleaning equipment. Established in 1870, Tennant is a challenger in the international markets, but holds a top position in the United States. Over the past 30 years, shares have returned over 1300I focus on investment ideas about companies that pay a (healthy) dividend while you wait for capital appreciation. I like to find good businesses which reward shareholders. The shares of the company should be for a temporary reason undervalued in relation to it ...
Tennant(TNC) - 2024 Q3 - Earnings Call Transcript
2024-11-02 06:29
Tennant Company (NYSE:TNC) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Lorenzo Bassi - Vice President, Finance & Investor Relations Dave Huml - President & Chief Executive Officer Fay West - Senior Vice President & Chief Financial Officer Conference Call Participants Steve Ferazani - Sidoti Tom Hayes - CL King Aaron Reed - Northcoast Research Operator Good morning. My name is Regina, and I will be your conference operator today. At this time, I would like to welcome ev ...
Why Tennant Stock Plunged Today
The Motley Fool· 2024-11-01 21:58
Tennant's future remains bright, even if the market was less than pleased with the company's third-quarter results.Shares of leading mechanized cleaning equipment manufacturer Tennant (TNC -4.99%) were down 5% today as of 4 p.m. ET Friday, according to data provided by S&P Global Market Intelligence.The Dividend King announced third-quarter earnings late Thursday afternoon and slightly missed analysts' expectations on both the top and bottom lines, spurring today's share price drop.Tennant's focus on autono ...
Tennant(TNC) - 2024 Q3 - Quarterly Report
2024-11-01 18:30
Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.375 per share TNC New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fro ...
Tennant(TNC) - 2024 Q3 - Earnings Call Presentation
2024-11-01 16:57
| --- | --- | --- | --- | --- | |-------------------------------------------------------------------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | Earnings Release Call Third Quarter 2024 Results November 1, 2024 | | | | | SAFE HARBOR STATEMENT Certain statements contained in this document are considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act. These statements do not relate to strictly historical or current facts a ...
Tennant (TNC) Tops Q3 Earnings Estimates
ZACKS· 2024-10-31 22:36
Tennant (TNC) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.72%. A quarter ago, it was expected that this maker of products for cleaning floors, parking lots and hospitals would post earnings of $1.78 per share when it actually produced earnings of $1.83, delivering a surprise of ...
Tennant(TNC) - 2024 Q3 - Quarterly Results
2024-10-31 20:39
Exhibit 99 Tennant Company Reports Third Quarter 2024 Results Delivers Net Sales Growth Reaffirms 2024 Guidance MINNEAPOLIS, MN (Oct. 31, 2024)—Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its financial results for the quarter ended September 30, 2024. | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------------|-------|-------|----------------|-------------|-----------------------------------------------|--------- ...
1 Magnificent Dividend King Down 25% to Buy Right Now Near a Once-in-a-Decade Valuation
The Motley Fool· 2024-09-24 11:05
This Dividend King looks ready to restart its growth story. Tennant (TNC 1.46%) is the global leader in manufacturing mechanized cleaning equipment, such as scrubbers, sweepers, pressure washers, vacuums, and autonomous mobile robots. Since the turn of the century, Tennant has delivered total returns of over 700%, exceeding the S&P 500's mark of roughly 500% over the same time. This outperformance occurred in spite of the company's recent 25% share price drop from its 2024 highs. Following this drop, Tennan ...
Tennant Company Should Clean Up Nicely
Seeking Alpha· 2024-09-08 19:00
Lebazele Very little in this world gives me the kind of joy that being able to upgrade a company does. It's exciting because I love to see businesses win, and I love to see investors have a bargain at their disposal. My latest upgrade involves a firm by the name of Tennant Company (NYSE:TNC). You see, back in April of this year, I ended up downgrading the firm from a 'buy' to a 'hold'. This came after the company experienced remarkable upside. Since the article that I had previously written about it and rat ...
Commercial Scrubbers and Sweepers Market Forecast Report 2024-2029 - Nilfisk, Tennant, Alfred Karcher and HAKO Dominate
GlobeNewswire News Room· 2024-08-21 10:56
Dublin, Aug. 21, 2024 (GLOBE NEWSWIRE) -- The "Commercial Scrubbers and Sweepers Market - Global Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering. The global commercial scrubbers and sweepers market is expected to grow at a CAGR of 8.15% from 2023 to 2029. MARKET TRENDS & DRIVERS Market Opportunities & Trends Market Growth Enablers Market Restraints SEGMENTATION INSIGHTS INSIGHTS BY PRODUCT TYPE Growing Demand for Green Cleaning Technologies Availability of Robotic Cl ...