Overview

* Tennant Q2 2025 net sales of $319 mln beat analyst expectations, per LSEG data

* Adjusted EPS of $1.49 missed analyst expectations, per LSEG data

* Company reaffirms 2025 guidance

Result Drivers

* VOLUME DECLINES - Net sales decrease driven by volume declines across all geographies, particularly North America

* ORDER GROWTH - Order rates increased by 4% compared to Q2 2024, indicating strong market demand

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Sales Beat $318.60 $316.40

mln mln (1

Analyst)

Q2 Miss $1.49 $1.63 (2

Adjusted Analysts

EPS )

Q2 EPS $1.08

Q2 Net $20.20

Income mln

Q2 16.0%

Adjusted

EBITDA

Margin

Analyst Coverage

* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

* Wall Street's median 12-month price target for Tennant Co ( TNC ) is $120.00, about 30.3% above its August 5 closing price of $83.61

* The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)