Tennant Revised FY24 Adj. EPS Outlook To $6.15 - $6.55 (From $6.05 - $6.65) Vs. $6.61 Est.
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Tennant Company has revised its FY24 adjusted EPS outlook to a range of $6.15 to $6.55, down from the previous range of $6.05 to $6.65. The new outlook is below the estimated $6.61.
August 08, 2024 | 12:52 pm
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Tennant Company has revised its FY24 adjusted EPS outlook to a range of $6.15 to $6.55, down from the previous range of $6.05 to $6.65. The new outlook is below the estimated $6.61.
The revision of the EPS outlook to a lower range and below the estimated $6.61 suggests potential challenges or lower-than-expected performance, which is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100