Tennant (TNC) Posts Quarterly Earnings Results, Misses Expectations By $0.06 EPS
Tennant (NYSE:TNC) issued its quarterly earnings data on Tuesday. The company reported $0.65 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.71 by $0.06, Stock Ratings Network reports. The company had revenue of $195.10 million for the quarter, compared to the consensus estimate of $198.10 million. Tennant updated its FY14 guidance to $2.50-2.80 EPS.
Shares of Tennant (NYSE:TNC) opened at 64.00 on Tuesday. Tennant has a 52 week low of $43.88 and a 52 week high of $69.18. The stock’s 50-day moving average is $64.49 and its 200-day moving average is $61.93. The company has a market cap of $1.182 billion and a price-to-earnings ratio of 27.55.
The company also recently announced a quarterly dividend, which is scheduled for Monday, March 17th. Investors of record on Monday, March 3rd will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.13%. The ex-dividend date is Thursday, February 27th.
Tennant Company (NYSE:TNC), designs, manufactures and markets solutions that help create a cleaner, safer, healthier world.
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