Tennant Earnings Preview
Portfolio Pulse from Benzinga Insights
Tennant (NYSE:TNC) is scheduled to release its quarterly earnings report on February 22, 2024, with an expected EPS of $1.26. Historical data shows Tennant has a track record of beating EPS estimates, which has positively impacted its stock price. Shares are currently trading at $102.18, reflecting a 39.6% increase over the last 52 weeks. Investors are optimistic about the upcoming earnings report, particularly interested in the company's guidance for future growth.
February 21, 2024 | 5:01 pm
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Tennant is expected to report an EPS of $1.26 for the upcoming quarter, with historical performance indicating potential for a positive earnings surprise. The stock has seen a 39.6% increase over the past year, indicating strong investor confidence.
Tennant's history of beating EPS estimates and the subsequent positive stock price reactions suggest a likely continuation of this trend. The anticipation of positive guidance for future growth further bolsters investor confidence, potentially leading to a short-term increase in stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100