TNC Overview

Upcoming Ex-Dividend Dates: On 11/28/25, CSX Corp, Tennant Co., and MillerKnoll Inc will trade ex-dividend, with respective dividends of $0.13, $0.31, and $0.1875 scheduled for payment on 12/15/25 and 1/15/26.

Expected Price Adjustments: Following the ex-dividend date, CSX shares are expected to open 0.37% lower, Tennant Co. by 0.42%, and MillerKnoll Inc by 1.18%, based on their recent stock prices.

Dividend Yield Estimates: The estimated annualized yields for the companies are 1.49% for CSX Corp, 1.68% for Tennant Co., and 4.72% for MillerKnoll Inc, reflecting their historical dividend stability.

Current Stock Performance: As of Wednesday trading, CSX Corp shares are up 1.5%, Tennant Co. shares are up 4.1%, and MillerKnoll Inc shares are up 3.7%.

Third Quarter Earnings: Tennant Co. reported a net income of $14.9 million for the third quarter, equating to 80 cents per share, with adjusted earnings of $1.46 per share.

Revenue Performance: The company generated revenue of $303.3 million during the same period, reflecting its operations in cleaning products for various environments.

Full-Year Earnings Forecast: Tennant anticipates full-year earnings to be between $5.70 and $6.20 per share.

Revenue Projections: The company expects its total revenue for the year to fall within the range of $1.21 billion to $1.25 billion.

Third Quarter Earnings: Tennant Company reported a profit of $14.9 million, or $0.80 per share, for the third quarter, a decrease from $20.8 million, or $1.09 per share, in the same period last year.

Adjusted Earnings: Excluding special items, the company reported adjusted earnings of $27.3 million, or $1.46 per share, which fell short of analysts' expectations of $1.50 per share.

Revenue Decline: The company's revenue decreased by 4.0% to $303.3 million compared to $315.8 million in the previous year.

Future Guidance: Tennant Company provided full-year EPS guidance of $5.70 - $6.20 and revenue guidance of $1,210 - $1,250 million.

Tennant Company Earnings Report: Tennant Company is set to report its earnings after the market closes on Monday, following a disappointing last quarter where it missed revenue expectations by 2.6%, with revenues of $318.6 million, down 3.7% year-on-year.

Analysts' Expectations: For the upcoming quarter, analysts predict a revenue decline of 3.1% year-on-year to $306 million, with adjusted earnings expected at $1.50 per share, while analysts have generally maintained their estimates over the past month.

Peer Performance: In the industrial machinery sector, peers like Xylem and Columbus McKinnon have reported strong revenue growth, with Xylem up 7.8% and Columbus McKinnon up 7.7%, both exceeding analysts' expectations.

Market Sentiment: Despite a flat market for industrial machinery stocks, Tennant's shares have decreased by 3.4% over the past month, with an average analyst price target of $108.75 compared to its current price of $80.