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183 days

Tennant Company Reports 2024 Fourth-Quarter and Full-Year Results

1. Tennant Company reports 5.6% increase in net sales for Q4 2024. 2. However, net income declined by 78.7% compared to Q4 2023.

Earnings
-1.67%Current Return
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+0.29%S&P 500
$87.4802/17 04:22 PM EDTEvent Start
$86.0202/18 10:40 PM EDTLatest Updated
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FAQ

Why Bearish?

A significant drop in net income could concern investors, affecting TNC's valuation negatively.

How important is it?

Earnings reports are crucial for stock valuation, and significant income drops can lead to market corrections.

Why Short Term?

Investors may react quickly to poor earnings, influencing TNC stock in the near term.

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TNC
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.

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