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Tennant Q1 Adjusted Earnings, Net Sales Rise; Maintains 2024 Guidance
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Tennant Q1 Adjusted Earnings, Net Sales Rise; Maintains 2024 Guidance
May 3, 2024 6:41 AM

09:27 AM EDT, 05/03/2024 (MT Newswires) -- Tennant (TNC) reported Q1 adjusted earnings Friday of $1.81 per diluted share, up from $1.45 a year earlier.

Three analysts polled by Capital IQ expected $1.42.

Net sales for the quarter ended March 31 were $311.0 million, up from $305.8 million a year earlier.

Three analysts surveyed by Capital IQ expected $310.5 million.

The company maintained its 2024 outlook of adjusted EPS of $6.05 to $6.65 on revenue of $1.27 billion to $1.30 billion. Three analysts surveyed by Capital IQ expect normalized EPS of $6.46 on revenue of $1.29 billion.

Price: 116.00, Change: +0.30, Percent Change: +0.26

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