Tennant Company (TNC) Q1 2025 Earnings Call Transcript |
Tennant Company (NYSE:TNC ) Q1 2025 Earnings Conference Call May 1, 2025 10:00 AM ET Company Participants Lorenzo Bassi - Vice President, Finance and Investor Relations David Huml - President and Chief Executive Officer Fay West - Senior Vice President and Chief Financial Officer Conference Call Participants Steve Ferazani - Sidoti Aaron Reed - Northcoast Research Operator Good morning. My name is Greg, and I will be your conference operator today. |
seekingalpha.com |
2025-05-02 03:11:44 |
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Tennant (TNC) Q1 Earnings Miss Estimates |
Tennant (TNC) came out with quarterly earnings of $1.12 per share, missing the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.81 per share a year ago. |
zacks.com |
2025-04-30 22:20:40 |
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Tennant Company Reports First Quarter 2025 Results |
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its financial results for the quarter ended March 31, 2025. (In millions, except per share data) Three Months Ended March 31, 2025 2024 Incr / (Decr) Net sales $ 290.0 $ 311.0 (6.8 )% Net income $ 13.1 $ 28.4 (53.9 )% Diluted EPS $ 0.69 $ 1.49 (53.7 )% Adjusted diluted EPS $ 1.12 $ 1.81 (38.1 )% Adjusted EBITDA $ 41.0 $ 54.9 (25.3 )% Adj. |
businesswire.com |
2025-04-30 20:00:00 |
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Tennant Company Launches X6 ROVR — Autonomous Cleaning Power for Large and Complex Facilities |
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in cleaning equipment and solutions, today announced the launch of the X6 ROVR, its new mid-sized autonomous floor scrubber engineered to clean up to 75,000 square feet per cycle. Expanding on the proven performance of the compact X4 ROVR, the X6 ROVR is designed to meet the scale and complexity of larger commercial and light-industrial environments. The X6 ROVR includes an optional new Tennant XC1 docking station, allowi. |
businesswire.com |
2025-04-15 13:00:00 |
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Tennant Company Deserves Patience |
Tennant Company, a global leader in mechanized cleaning, was rated a “Buy” despite mixed financial results and a 7.2% stock decline since last September. Revenue grew by 5.6% year-over-year, but net profits fell due to legal, restructuring, and modernization costs, with EBITDA being the only improving metric. 2025 guidance indicates revenue and profitability declines, but the stock remains relatively undervalued compared to peers, with promising long-term growth opportunities. |
seekingalpha.com |
2025-03-07 15:38:02 |
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Loop Industries, Hyosung TNC And Pleatsmama Collaborate To Pioneer Circular Fashion With Infinite Loop(TM) Textile-to-Textile Recycling Technology |
Loop Industries supplied 100% recycled, virgin-quality Polyester chips derived from low-value textile waste. Hyosung TNC transformed Loop Polyester chips into high-performance drawn textured yarn. |
accessnewswire.com |
2025-02-23 21:00:00 |
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Tennant Company (TNC) Q4 2024 Earnings Call Transcript |
Tennant Company (NYSE:TNC ) Q4 2024 Earnings Conference Call February 18, 2025 10:00 AM ET Company Participants Lorenzo Bassi - VP, Finance & IR David Huml - President & CEO Fay West - SVP & CFO Conference Call Participants Steve Ferazani - Sidoti Thomas Hayes - CL King Aaron Reed - Northcoast Research Iva Prcela - Northcoast Research Operator Ladies and gentlemen, good morning. My name is Abby, and I will be your conference operator today. |
seekingalpha.com |
2025-02-18 20:40:53 |
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Tennant Company Reports 2024 Fourth-Quarter and Full-Year Results |
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its fourth-quarter and full-year financial results for 2024. (In millions, except per share data) Three Months Ended December 31, Twelve Months Ended December 31, 2024 2023 Incr / (Decr) 2024 2023 Incr / (Decr) Net sales $ 328.9 $ 311.4 5.6 % $ 1,286.7 $ 1,243.6 3.5 % Net income $ 6.6 $ 31.0 (78.7 )% $ 83.7 $ 109.5 (23.6 )% Dilut. |
businesswire.com |
2025-02-17 18:15:00 |
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Tennant Company Board Authorizes Repurchase of Additional Two Million Shares |
MINNEAPOLIS--(BUSINESS WIRE)--Directors of Tennant Company (NYSE: TNC) authorized a new share repurchase program of up to 2,000,000 shares of the Company's common stock, effective February 11, 2025. “The Board's authorization of a 2,000,000 share repurchase program demonstrates our confidence in Tennant's strategic direction and our commitment to returning capital to shareholders,” said Dave Huml, Tennant President and Chief Executive Officer. “This initiative highlights our strong financial po. |
businesswire.com |
2025-02-13 18:30:00 |
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Tennant Company Declares Regular Quarterly Cash Dividend |
MINNEAPOLIS--(BUSINESS WIRE)--Directors of Tennant Company (NYSE: TNC) today declared a regular quarterly cash dividend of $0.295 per share payable March 14, 2025, to shareholders of record at the close of business on February 28, 2025. Company Profile Founded in 1870, Tennant Company (TNC), headquartered in Eden Prairie, Minnesota, is a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and healthier world. Its products include equipment for ma. |
businesswire.com |
2025-02-11 18:30:00 |
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6 Dividend Growth Stocks That Can Provide a Lifetime of Passive Income |
Dividend stocks have long been a favorite for investors seeking reliable passive income. However, not all dividend-paying companies offer the same long-term investment potential. |
fool.com |
2025-02-03 08:00:00 |
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2 Magnificent Dividend Kings Down 19% and 32% to Buy in 2025 |
Today's Dividends Kings are a who's-who of the most successful dividend growth stocks of our time. This list consists of about 50 publicly traded companies that have increased their dividend payments annually for a minimum of half a century. |
fool.com |
2025-01-18 08:38:00 |
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Tennant: A Hidden Champion Of Autonomous Robots Pays Growing Dividends |
Tennant, a leading cleaning equipment manufacturer, has strong margins, impressive growth, and a robust balance sheet, but currently appears slightly overvalued. The company benefits from trends like AI and robotics, with significant service revenue and potential for growth in autonomous cleaning equipment. Tennant outperforms competitors like Nilfisk, with higher margins, better returns, and lower debt, making it a stronger investment despite higher valuation. |
seekingalpha.com |
2024-12-12 10:45:18 |
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Tennant Company Introduces Lithium-Ion-Powered T12 and T16 Scrubbers |
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in designing, manufacturing, and marketing solutions to reinvent how the world cleans, today announced the release of lithium-ion battery-powered versions of its popular T12 and T16 scrubbers. This product innovation will support customers' productivity & sustainability goals. “With the addition of lithium-ion battery technology, the T12 and T16 scrubbers deliver trusted Tennant performance with significant added bene. |
businesswire.com |
2024-12-10 11:00:00 |
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These 5 Stocks Have 50 Years of Dividend Growth—Here's How to Find More |
With a new presidential administration set to take office on Jan. 20, 2025, some investors may be uncertain about how new policies and personnel will affect the stock market and interest rates. Will tariffs, discarded trade deals, and frayed alliances help or hurt the market? |
investopedia.com |
2024-12-06 16:10:45 |
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3 Dividend Growth Stars That Can Generate a Lifetime of Passive Income |
Generating reliable passive income requires more than just picking stocks with appealing current yields. The most successful income investors focus on companies that consistently grow their dividend payments year after year. |
fool.com |
2024-12-04 07:30:00 |
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13 Upcoming Dividend Increases Including 2 Kings |
This week's dividend increases feature two dividend kings, Stepan and Tennant, with average increases of 7.4% and a median of 5.4%. Thirteen companies are increasing their dividends this week, with an average increase of 7.4% and a median of 5.4%. My strategy focuses on buying, holding, and adding companies with consistent dividend growth and outperforming benchmarks, using data from U.S. Dividend Champions and NASDAQ. |
seekingalpha.com |
2024-11-21 12:32:21 |
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Pan African expands into Australia with Tennant Creek gold acquisition |
Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN, OTCQX:PAFRF) is expanding its operations into Australia with the all-share acquisition of the outstanding 92% of shares in Tennant Consolidated (TCMG), the developer of a gold project in Northern Territory. South Africa-based Pan African acquired an 8% stake in TCMG in March for US$3.4 million in cash and taking full ownership will cost $54.2 million. |
proactiveinvestors.co.uk |
2024-11-05 06:55:45 |
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Tennant Company (TNC) Q3 2024 Earnings Call Transcript |
Tennant Company (NYSE:TNC ) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Lorenzo Bassi - Vice President, Finance & Investor Relations Dave Huml - President & Chief Executive Officer Fay West - Senior Vice President & Chief Financial Officer Conference Call Participants Steve Ferazani - Sidoti Tom Hayes - CL King Aaron Reed - Northcoast Research Operator Good morning. My name is Regina, and I will be your conference operator today. |
seekingalpha.com |
2024-11-02 04:29:38 |
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Why Tennant Stock Plunged Today |
Tennant's future remains bright, even if the market was less than pleased with the company's third-quarter results. |
fool.com |
2024-11-01 19:58:46 |
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Tennant (TNC) Tops Q3 Earnings Estimates |
Tennant (TNC) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.34 per share a year ago. |
zacks.com |
2024-10-31 20:36:09 |
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Tennant Company to Report Third Quarter 2024 Results |
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) today announced that the company will report its third quarter 2024 financial results after the market closes on October 31, 2024, with a conference call to follow at 10:00 a.m. Eastern Time/9:00 a.m. Central Time on Friday, November 1, 2024. The conference call will be webcast and can be accessed on the company's website at investors.tennantco.com. A replay of the webcast and accompanying slides will be available on the company's websit. |
businesswire.com |
2024-10-21 13:00:00 |
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Tennant Company Announces New Approach to Corporate Giving and 2024 Habitat for Humanity Carter Work Project Sponsorship |
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a global leader in designing, manufacturing, and marketing solutions that help create a cleaner, safer, and healthier world, today announced a refreshed approach to its corporate giving strategy. With a strong commitment to driving positive change in the communities it serves, Tennant's updated giving efforts align with its Thriving People. Healthy Planet. sustainability framework and will focus on three key areas: workforce development. |
businesswire.com |
2024-09-27 13:00:00 |
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Tennant Company Launches the T291 Small Walk-Behind Scrubber for Exceptional Cleaning and Ease of Use in Small Spaces |
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in cleaning equipment and solutions, today announced the launch of its new T291 small walk-behind scrubber into the North America market. Designed for use in both hard-to-reach spaces and open areas, the T291 is a walk-behind scrubber built to simplify and improve facility management by combining cleaning power and maneuverability. The T291's versatility and small size make it an excellent fit for mid-size retail, healthc. |
businesswire.com |
2024-09-24 13:00:00 |
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1 Magnificent Dividend King Down 25% to Buy Right Now Near a Once-in-a-Decade Valuation |
Tennant is a global leader in the mechanized cleaning equipment niche. Its ambitions to bring autonomous mobile robots to the masses could extend this leadership position. |
fool.com |
2024-09-24 11:05:00 |
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Tennant Company Launches Cleaning All-Star Sweepstakes to Celebrate Custodial Heroes of Everyday Spaces |
MINNEAPOLIS--(BUSINESS WIRE)--As a global leader in the floor cleaning industry, Tennant Company (NYSE: TNC) has worked with thousands of cleaning professionals and has seen their hard work and community impact first-hand. And that is why Tennant set out with a single goal — to celebrate and recognize the dedication of cleaning staff through the launch of the Cleaning All-Star Sweepstakes. The new sweepstakes will recognize cleaning professionals from all types of facilities who make a differen. |
businesswire.com |
2024-09-16 13:00:00 |
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Tennant Company Should Clean Up Nicely |
Tennant Company is upgraded from 'hold' to a soft 'buy' due to improved financial performance and favorable market conditions. The firm has a significant market share in its niche cleaning equipment industry, with strong positions in the Americas, EMEA, and Asia Pacific. Recent financial results show increased revenue, adjusted net profits, and EBITDA, despite some cost increases and a dip in operating cash flow. |
seekingalpha.com |
2024-09-08 19:00:00 |
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6 Dividend Growth Stocks That Can Provide a Lifetime of Passive Income |
These companies all sport dividend-hiking streaks of more than 50 years, demonstrating their long-term commitments to returning profits to shareholders. Their low payout ratios and strong competitive advantages provide them with foundations for continued dividend growth. |
fool.com |
2024-08-31 10:30:00 |
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Commercial Scrubbers and Sweepers Market Forecast Report 2024-2029 - Nilfisk, Tennant, Alfred Karcher and HAKO Dominate |
Dublin, Aug. 21, 2024 (GLOBE NEWSWIRE) -- The "Commercial Scrubbers and Sweepers Market - Global Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering. The global commercial scrubbers and sweepers market is expected to grow at a CAGR of 8.15% from 2023 to 2029. MARKET TRENDS & DRIVERS |
globenewswire.com |
2024-08-21 10:56:00 |
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Tennant Company (TNC) Q2 2024 Earnings Call Transcript |
Tennant Company (NYSE:TNC ) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Lorenzo Bassi - Vice President, Finance & Investor Relations Dave Huml - President & Chief Executive Officer Fay West - Senior Vice President & Chief Financial Officer Conference Call Participants Operator Good morning. My name is Karen, and I'll be your conference operator today. |
seekingalpha.com |
2024-08-08 23:57:07 |
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Tennant (TNC) Q2 Earnings and Revenues Beat Estimates |
Tennant (TNC) came out with quarterly earnings of $1.83 per share, beating the Zacks Consensus Estimate of $1.78 per share. This compares to earnings of $1.86 per share a year ago. |
zacks.com |
2024-08-08 14:56:09 |
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Tennant Company Reports Second Quarter 2024 Results |
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its financial results for the quarter ended June 30, 2024. (In millions, except per share data) Three Months Ended June 30, 2024 2023 Increase / (Decrease) Net sales $ 331.0 $ 321.7 2.9 % Net income $ 27.9 $ 31.3 (10.9 )% Diluted EPS $ 1.45 $ 1.68 (13.7 )% Adjusted diluted EPS $ 1.83 $ 1.86 (1.6 )% Adjusted EBITDA $ 58.6 $ 57.6 1.7 % Adj. |
businesswire.com |
2024-08-08 12:45:00 |
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