Tennant Affirms FY2024 Adj EPS Guidance to $6.15-6.55 vs $6.51 Est; Affirms FY2024 Sales Guidance to $1.28B-1.30B vs $1.29B Est
Portfolio Pulse from Benzinga Newsdesk
Tennant Company has reaffirmed its FY2024 adjusted EPS guidance at $6.15-6.55, which is slightly below the analyst estimate of $6.51. The company also reaffirmed its FY2024 sales guidance at $1.28 billion to $1.30 billion, aligning closely with the $1.29 billion analyst estimate.
October 31, 2024 | 8:27 pm
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Tennant has reaffirmed its FY2024 EPS and sales guidance, with EPS slightly below analyst estimates and sales in line with expectations.
The reaffirmation of guidance suggests stability in Tennant's financial outlook. However, the EPS guidance being slightly below analyst estimates may not significantly impact the stock price as the sales guidance aligns with expectations.
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