Tennant (TNC) Expected to Release Earnings on Wednesday

Tennant (NYSE:TNC) is projected to release its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect Tennant to announce earnings of $1.33 per share and revenue of $329.55 million for the quarter. Individuals may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, August 6, 2026 at 10:00 AM ET.

Tennant (NYSE:TNC) last issued its earnings results on Monday, May 4th. The industrial products company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.18. Tennant had a return on equity of 14.87% and a net margin of 2.55%.The business had revenue of $297.90 million during the quarter, compared to analyst estimates of $289.25 million. During the same quarter in the prior year, the firm earned $1.12 earnings per share. Tennant’s revenue for the quarter was up 2.7% on a year-over-year basis. On average, analysts expect Tennant to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Tennant Stock Up 2.3%

Shares of NYSE TNC opened at $86.00 on Tuesday. The stock has a market capitalization of $1.47 billion, a P/E ratio of 51.81, a PEG ratio of 2.34 and a beta of 1.13. Tennant has a one year low of $60.17 and a one year high of $91.93. The firm’s 50 day simple moving average is $86.77 and its two-hundred day simple moving average is $79.44. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.12 and a quick ratio of 1.41.

Tennant announced that its Board of Directors has authorized a share buyback program on Monday, May 4th that allows the company to repurchase 2,000,000,000,000 shares. This repurchase authorization allows the industrial products company to purchase up to 11.1% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TNC. Invesco Ltd. increased its stake in shares of Tennant by 3.6% in the fourth quarter. Invesco Ltd. now owns 102,926 shares of the industrial products company’s stock worth $7,586,000 after buying an additional 3,581 shares during the period. Vision One Management Partners LP boosted its position in Tennant by 18.1% during the 4th quarter. Vision One Management Partners LP now owns 344,585 shares of the industrial products company’s stock valued at $25,396,000 after buying an additional 52,721 shares during the period. State of Tennessee Department of Treasury boosted its position in Tennant by 3.9% during the 4th quarter. State of Tennessee Department of Treasury now owns 6,559 shares of the industrial products company’s stock valued at $499,000 after buying an additional 247 shares during the period. XTX Topco Ltd grew its holdings in Tennant by 69.5% in the 4th quarter. XTX Topco Ltd now owns 24,584 shares of the industrial products company’s stock worth $1,812,000 after acquiring an additional 10,082 shares during the last quarter. Finally, Quadrature Capital Ltd grew its holdings in Tennant by 27.3% in the 4th quarter. Quadrature Capital Ltd now owns 5,687 shares of the industrial products company’s stock worth $419,000 after acquiring an additional 1,220 shares during the last quarter. Institutional investors own 93.33% of the company’s stock.

Wall Street Analysts Forecast Growth

TNC has been the subject of a number of research reports. Wall Street Zen raised shares of Tennant from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Weiss Ratings raised shares of Tennant from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, June 5th. Finally, Zacks Research upgraded shares of Tennant from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $91.00.

Tennant Company Profile

Tennant Company is a global provider of solutions that help keep facilities clean, safe and sustainable. The company designs, manufactures and markets a broad range of cleaning machines, chemicals and service programs that address the cleaning needs of customers in diverse industries, including manufacturing, warehousing, food and beverage, healthcare and education. Tennant’s product portfolio encompasses both ride-on and walk-behind floor scrubbers and sweepers, carpet extractors, power brushes, pressure washers and autonomous cleaning machines.

Founded in 1870 and headquartered in Minneapolis, Minnesota, Tennant has grown from a regional manufacturer into a multinational organization with operations in more than 70 countries and sales representation in over 100 markets worldwide.