Tennant (TNC) Q3 Earnings Report Preview: What To Look For
Update: 2025-11-02
Description
Tennant Company, a key player in industrial cleaning equipment, is set to release its earnings results on November 2nd, following a challenging quarter with a 3.7% revenue drop. Analysts predict a further 3.1% decline in the upcoming quarter, with adjusted earnings estimated at $1.50 per share. Despite a lack of significant forecast changes, Tennant's share price has slipped 3.4% over the past month, underperforming the broader industrial machinery sector. However, some analysts maintain an average price target of $108.75, suggesting potential for a rebound. Investors are also watching for trends in automation and AI, as companies blending these worlds may lead the sector.
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