Tennant (TNC) to Release Earnings on Wednesday

Key Points

• Tennant (TNC) is expected to announce its Q2 2025 earnings on August 6th, with analysts predicting earnings of $1.63 per share and revenue of $327.20 million.
• In its last quarterly report, Tennant missed earnings expectations, reporting $1.12 per share compared to the consensus estimate of $1.38, with revenue down 6.8% year-over-year.
• Institutional investors hold 93.33% of Tennant's stock, with significant increases in stakes by several funds, including an 68.8% boost from AQR Capital Management.

Tennant (NYSE:TNC - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results after the market closes on Wednesday, August 6th. Analysts expect Tennant to post earnings of $1.63 per share and revenue of $327.20 million for the quarter.

Tennant (NYSE:TNC - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The industrial products company reported $1.12 EPS for the quarter, missing analysts' consensus estimates of $1.38 by ($0.26). Tennant had a net margin of 5.40% and a return on equity of 17.76%. The company had revenue of $290.00 million for the quarter, compared to analyst estimates of $296.63 million. During the same period in the prior year, the company earned $1.49 EPS. The company's revenue was down 6.8% compared to the same quarter last year. On average, analysts expect Tennant to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Tennant Trading Down 2.1%

Shares of NYSE TNC traded down $1.70 on Friday, reaching $80.84. 99,275 shares of the company traded hands, compared to its average volume of 105,054. Tennant has a fifty-two week low of $67.32 and a fifty-two week high of $100.55. The company has a 50 day moving average of $78.29 and a 200 day moving average of $79.27. The company has a current ratio of 2.14, a quick ratio of 1.40 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $1.51 billion, a PE ratio of 22.58 and a beta of 1.06.

Hedge Funds Weigh In On Tennant

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Tennant by 17.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 56,214 shares of the industrial products company's stock valued at $4,483,000 after buying an additional 8,421 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of Tennant by 68.8% during the 1st quarter. AQR Capital Management LLC now owns 49,724 shares of the industrial products company's stock valued at $3,966,000 after buying an additional 20,275 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Tennant by 39.1% during the 1st quarter. Jane Street Group LLC now owns 38,911 shares of the industrial products company's stock valued at $3,103,000 after buying an additional 10,946 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Tennant by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,271 shares of the industrial products company's stock valued at $899,000 after buying an additional 491 shares during the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of Tennant by 23.0% during the 1st quarter. Royal Bank of Canada now owns 4,563 shares of the industrial products company's stock valued at $364,000 after buying an additional 854 shares during the last quarter. Hedge funds and other institutional investors own 93.33% of the company's stock.

About Tennant

Tennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, and asset management solutions.