Tennant Co Q4 EPS Misses by 17%, Sales Drop 11% to $291.6M
Tennant Co reported Q4 adjusted EPS of $1.39, missing consensus by 17% against expectations of $1.68 and down from $1.52 a year ago. Quarterly revenue fell 11% to $291.6 million, missing forecasts by 8.7%, while shares have gained 13.1% year to date.
1. Q4 Financial Results
Tennant posted Q4 adjusted EPS of $1.39, missing the consensus by 17% and down from $1.52 a year ago, while revenue declined 11% to $291.6 million, 8.7% below forecasts.
2. Analyst Projections
Analysts forecast Q1 EPS of $1.35 on revenue of $301.05 million, and full-year EPS of $6.64 on sales of $1.29 billion, reflecting mixed estimate revisions entering the quarter.
3. Stock Performance and Outlook
Shares have gained 13.1% year to date, outperforming the S&P 500’s 0.9% rise, and future stock movement will hinge on management’s commentary at the upcoming earnings call.