Tennant: Q3 Earnings Insights

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Tennant TNC reported its Q3 earnings results on Thursday, October 27, 2022 at 09:00 AM.

Here's what investors need to know about the announcement.

Earnings

Tennant missed estimated earnings by 10.0%, reporting an EPS of $0.99 versus an estimate of $1.1.

Revenue was down $9.10 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 1.54% increase in the share price the next day.

Here's a look at Tennant's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.86 0.87 0.62 0.86
EPS Actual 0.92 0.73 0.71 1.33
Revenue Estimate 276.20M 279.50M 281.35M 273.95M
Revenue Actual 280.20M 258.10M 276.40M 272.00M

To track all earnings releases for Tennant visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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