Tennant reports Q2 EPS $1.45, consensus $1.71

Reports Q2 revenue $331M, consensus $327.15M. “We are pleased to report a record second quarter performance, underpinned by strong order rates and continued progress toward normalized backlog levels. As our investments in our enterprise growth strategy continue to yield positive results, we are confident the second half of the year will see strong performance supported by increased order rates,” said Dave Huml, Tennant President and Chief Executive Officer. “Looking ahead, our strong performance in the first half of the year gives us confidence in raising our guidance for 2024.”