Why Tennant (TNC) Stock Is Trading Lower Today
Update: 2025-11-04
Description
Tennant Company's stock plummeted by 6.6% on November 4th following disappointing third-quarter financial results. Despite a slight increase in adjusted earnings per share, net sales decreased by 4% compared to last year, and profit margins dropped. Although the company maintained its full-year revenue and earnings forecasts and even raised its EBITDA forecast, the market reacted negatively to the current quarter's underperformance, indicating a potential short-term impact on the stock's value.
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