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Tennant (TNC) Q1 Earnings Miss Estimates
TNCTennant(TNC) ZACKS·2025-04-30 22:20

Company Performance - Tennant reported quarterly earnings of $1.12 per share, missing the Zacks Consensus Estimate of $1.38 per share, and down from $1.81 per share a year ago, indicating a significant decline in profitability [1] - The earnings surprise for this quarter was -18.84%, contrasting with a previous quarter where the company exceeded expectations by 9.35% [2] - Revenues for the quarter were $290 million, surpassing the Zacks Consensus Estimate by 0.52%, but down from $311 million year-over-year [3] Market Position - Tennant shares have declined approximately 10.6% since the beginning of the year, compared to a decline of -5.5% for the S&P 500 [4] - The current Zacks Rank for Tennant is 3 (Hold), suggesting that the stock is expected to perform in line with the market in the near future [7] Future Outlook - The consensus EPS estimate for the upcoming quarter is $1.67 on revenues of $318.3 million, and for the current fiscal year, it is $5.89 on revenues of $1.24 billion [8] - The outlook for the Manufacturing - General Industrial industry, to which Tennant belongs, is currently in the bottom 40% of over 250 Zacks industries, which may negatively impact stock performance [9]