NYSE:TNCMachinery
Tennant (TNC): Assessing Valuation Following Lower Sales, Earnings and Persistent Guidance Challenges
Tennant (TNC) reported quarterly sales and earnings below last year’s results, with net income for the past nine months falling as well. The company reaffirmed annual guidance, highlighting persistent headwinds and continued pressure on demand.
See our latest analysis for Tennant.
After reaffirming guidance and reporting lower sales, Tennant’s share price has lost momentum, falling 9.27% over the past month and now posting a 1-year total shareholder return of -15.07%. Despite long-term gains...