Tennant's Q3: Missing Expectations, But Resilience Shines
Update: 2025-11-10
Description
Tennant Companys Q3 earnings fell short of expectations, with revenue at $303.3 million and adjusted EPS at $1.46, compared to the predicted $306 million and $1.50 respectively. The company attributed this to a challenging comparison with the previous year and a slowdown in North American industrial demand due to tariff volatility. Despite order growth and cost-offsetting measures, Tennant reaffirmed its full-year guidance. Key factors to watch include North American industrial order recovery, new product launches, and the ongoing ERP system rollout.
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