A Preview Of Tennant's Earnings

On Tuesday, August 03, Tennant TNC will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street analysts see Tennant reporting earnings of $0.98 per share on revenue of $271.80 million. In the same quarter last year, Tennant posted EPS of $0.96 on sales of $214.00 million.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The Wall Street estimate would represent a 2.08% increase in the company's earnings. Sales would be up 27.01% on a year-over-year basis. Here is how the company's reported EPS has compared to analyst estimates in the past:

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Shares of Tennant were trading at $79.12 as of July 30. Over the last 52-week period, shares are up 21.46%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Tennant is scheduled to hold the call at 11:00:00 ET and can be accessed here.