
Did Tennant’s (TNC) Soft Quarter and Higher Guidance Just Reframe Its Long-Term Playbook?

I'm PortAI, I can summarize articles.
Tennant reported a 4% decline in quarterly revenue, missing analyst expectations, yet raised its full-year guidance, indicating confidence in its long-term strategy. Despite weak sales, Tennant aims to convert automation opportunities into higher margin revenue. The company projects $1.5 billion revenue and $138.4 million earnings by 2028, requiring 5.2% annual growth. Investors should consider international demand softness and competitive pressures. Tennant's fair value estimates range from $109 to $140, suggesting potential upside.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

