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Tennant Co (TNC.N)

TNC.N on New York Stock Exchange

79.00USD
18 Jun 2018
Change (% chg)

$2.05 (+2.66%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Nilfisk Responds To Merger Recommendation from Primestone Capital
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - NILFISK HOLDING A/S ::NILFISK - IS AWARE OF A PUBLIC FILING MADE BY MAJOR SHAREHOLDER PRIMESTONE CAPITAL WITH SEC.FILING INCLUDES A RECOMMENDATION FOR A MERGER BETWEEN TENNANT AND NILFISK.- PRIMESTONE CAPITAL LLP HAS MADE NILFISK AWARE OF ITS FILING AND INITIATIVE.NILFISK HOLDING A/S - STRATEGY CONTINUES TO BE TO SIMPLIFY ITS BUSINESS AND TO GROW ORGANICALLY AND THROUGH M&A.  Full Article

Primestone Capital Reports 5.2 Pct Stake In Tennant Co ‍​
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Tennant Co ::PRIMESTONE CAPITAL LLP REPORTS 5.2 PERCENT STAKE IN TENNANT CO AS OF DECEMBER 4, 2017 - SEC FILING‍​.PRIMESTONE CAPITAL - TENNANT SHOULD UNDERTAKE REVIEW PROCESS REGARDING CONSOLIDATION DEAL WITH NILFISK HOLDING A/S.PRIMESTONE CAPITAL​ SAYS ACQUIRED TENNANT CO'S COMMON STOCK BECAUSE IT BELIEVES THE COMMON STOCK REPRESENTS "AN ATTRACTIVE INVESTMENT OPPORTUNITY".PRIMESTONE CAPITAL - INTEND TO CONTINUE DIALOGUE WITH TENNANT AND NILFISK.  Full Article

Tennant Company reports Q3 EPS $0.20
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Tennant Co :Tennant company reports 2017 third quarter results.Sees FY 2017 adjusted earnings per share $1.50 to $1.70.Sees FY 2017 gaap earnings per share $0.05 to $0.25.Sees FY 2017 sales $960 million to $990 million.Q3 sales rose 31 percent to $262 million.Q3 adjusted earnings per share $0.32.Q3 earnings per share $0.20.Q3 earnings per share view $0.63 -- Thomson Reuters I/B/E/S.‍Reaffirms 2017 full year net sales guidance range and lowers eps guidance range​.FY2017 earnings per share view $2.29, revenue view $979.7 million -- Thomson Reuters I/B/E/S.Sees ‍capital expenditures in range of $20 million to $25 million in 2017 ​.‍Q3 included special items that reduced earnings by $0.12 per share for costs related to IPC Group Acquisition​.Sees ‍gross margin performance in range of 41 percent to 42 percent in 2017​.  Full Article

Tennant narrows 2016 full year sales and EPS guidance ranges
Tuesday, 25 Oct 2016 

Tennant Co : Tennant company reports 2016 third quarter results . Sees fy 2016 earnings per share $2.40 to $2.60 . Q3 earnings per share $0.64 . Sees fy 2016 sales $805 million to $815 million . Q3 sales $200.1 million versus i/b/e/s view $203.1 million . Q3 earnings per share view $0.62 -- Thomson Reuters I/B/E/S . Tennant co says company narrows 2016 full year sales and eps guidance ranges . Fy2016 earnings per share view $2.50, revenue view $812.7 million -- Thomson Reuters I/B/E/S . Tennant -foreign currency exchange headwinds in 2016 are estimated to negatively impact operating profit in range of $2 million to $3 million . Tennant co - foreign currency exchange headwinds in 2016 are estimated to negatively impact operating profit in the range of $2 million to $3 million . Tennant co - foreign currency exchange headwinds in 2016 estimated to negatively impact operating profit in range of about $0.08 to $0.12 per diluted share Further company coverage: [TNC.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Tennant Co reports Q2 earnings of $0.85/share
Tuesday, 26 Jul 2016 

Tennant Co : Q2 earnings per share $0.85 . Q2 earnings per share view $0.72 -- Thomson Reuters I/B/E/S . Q2 sales $216.8 million versus I/B/E/S view $210.6 million . Tennant Co quarterly organic net sales rose 2.4 percent . Sees 2016 capital expenditures in range of $25 million to $30 million . Expects its 2016 financial results to be stronger in second half of year . Says on a "constant currency" basis 2016 full year earnings are anticipated to be in range of $2.50 to $2.70 per diluted share . Raises full year 2016 earnings per share view to between $2.35 to $2.60 . Sees full year 2016 sales $800 million to $820 million . Company narrows 2016 full year sales guidance, raises EPS guidance range . Company is on track to introduce 14 new products, mostly industrial machines, in 2016 . Narrowing FY revenue guidance, raising earnings guidance to reflect less adverse foreign currency exchange environment than previously anticipated . Estimated slightly higher effective tax rate in 2016 is also anticipated to negatively impact EPS by approximately $0.05 in 2016 . Full year 2016 earnings per share view $2.36, revenue view $807.6 million -- Thomson Reuters I/B/E/S .Foreign currency exchange headwinds in 2016 are estimated to negatively impact operating profit in range of $3 million to $4 million for 2016.  Full Article

BRIEF-Tennant Sets Regular Quarterly Cash Dividend Of $0.21 Per Share

* SETS REGULAR QUARTERLY CASH DIVIDEND OF $0.21 PER SHARE Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)