Tennant Company (NYSE:TNC) Q2 2024 Earnings Conference Call August 8, 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 Operator Good morning. My name is Karen, and I’ll be your conference operator today. At this time, I would like to welcome everyone to Tennant Company’s Second Quarter 2024 Earnings Conference Call. This cal ...

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 June 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ ...

| --- | --- | --- | --- | --- | |--------------------------------------------|-------|-------|-------|-------| | | | | | | | Second Quarter 2024 Results August 8, 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 and provide current expectations or forecasts of future events. Any such expectatio ...

Tennant (TNC) came out with quarterly earnings of $1.83 per share, beating the Zacks Consensus Estimate of $1.78 per share. This compares to earnings of $1.86 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 2.81%. A quarter ago, it was expected that this maker of products for cleaning floors, parking lots and hospitals would post earnings of $1.45 per share when it actually produced earnings of $1.81, delivering a surprise of ...

Exhibit 99 Tennant Company Reports Second Quarter 2024 Results Delivers Net Sales and Adjusted EBITDA Growth Increases Full-Year 2024 Guidance MINNEAPOLIS, MN (Aug 8, 2024)—Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its financial results for the quarter ended June 30, 2024. | --- | --- | --- | --- | --- | --- | |----------------------------|-------|------------------------|------------|------------------------|------------------------------------------------| | data) \nNet sales ...

The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. As such, the Zacks rating upgrade for Tennant is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price. The change in a company's future earnings potential, as reflected in earnings estimate revision ...

The price trend for Tennant (TNC) has been bearish lately and the stock has lost 11.3% over the past four weeks. However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support. The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that ma ...

So, by this measure, if a stock has gotten too far below its fair value just because of unwarranted selling pressure, investors may start looking for entry opportunities in the stock for benefitting from the inevitable rebound. However, like every investing tool, RSI has its limitations, and should not be used alone for making an investment decision. Here's Why TNC Could Experience a Turnaround Tennant (TNC) has been beaten down lately with too much selling pressure. While the stock has lost 11.5% over the ...

Earnings Release Call First Quarter 2024 Results May 3, 2024 SAFE HARBOR STATEMENT 2 In millions of USD, except adjusted diluted EPS Executive Summary First quarter gross margin increased 320 bps to 44.2% Reaffirm 2024 full-year guidance *Non-GAAP Measures: refer to the Appendix of this presentation for additional information and reconciliation 3 GROWTH Channel expansion and new goto-market opportunities M&A Strategy Modernize existing ERP systems and create a scalable digital infrastructure PEOPLE Above-ma ...

Tennant Company (NYSE:TNC) Q1 2024 Earnings Conference Call May 3, 2024 11:00 AM ET Steve Ferazani - Sidoti Tim Moore - EF Hutton Lorenzo Bassi - Vice President-Finance and Investor Relations Dave Huml - President and Chief Executive Officer Fay West - Senior Vice President and Chief Financial Officer Operator Lorenzo Bassi Today, we will provide an update on our 2024 first quarter performance. Dave will discuss our results and enterprise strategy, and Faye will cover our financials. After our prepared rema ...