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Tennant Company (TNC)
NYSE:TNC
Earnings Data
Report Date
Apr 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.41Last Year’s EPS
1.12Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Negative
The call highlights meaningful strategic progress (notably the dedicated robotics organization, $85M in AMR sales and a clear roadmap to $250M by 2028), disciplined capital returns (share repurchases and dividend history) and a strong balance sheet. However, the North America ERP implementation caused a material operational and financial setback (lost sales ~$30M, adjusted EBITDA hit ~$22M, multi-week order-entry outage), pressured margins and reduced near-term cash generation. Management has stabilized critical issues, provided 2026 guidance assuming recovery weighted to the back half of the year, and increased near-term ERP remediation spend. Given the magnitude of the operational disruption and its impact on quarterly and full-year results, the negatives materially outweigh the positives in the short term even as strategic initiatives remain promising.Company Guidance
Robotics (AMR) Momentum and Dedicated Organization
Tennant launched a dedicated TNC Robotics group to accelerate autonomous/mobile robotics (AMR) adoption and scale. AMR delivered approximately $85 million in 2025 sales (inclusive of recurring autonomy fees). Management targets roughly $250 million in AMR revenue by 2028 and will increase product, commercial and deployment investment to capture market growth.
Disciplined Capital Allocation and Shareholder Returns
Company repurchased ~1.1 million shares for $88.5 million in 2025 (reducing outstanding shares by ~6%) and paid dividends, including the 54th consecutive annual dividend increase. Returned $110.4 million to shareholders in 2025 (dividends $21.9M, repurchases $88.5M).
Solid Balance Sheet and Liquidity
Strong liquidity with $106.4 million in cash and cash equivalents and $374.3 million of unused borrowing capacity on the revolving credit facility. Net leverage remained low at 1.0x adjusted EBITDA (within target 1–2x range).
International Execution and Regional Strength
Outside North America the business showed resilience: EMEA grew ~5.1% year-over-year (Q4 and full year benefits from price realization and FX) and APAC returned to improved performance with Q4 organic sales up ~11% and full-year pockets of strength (Australia, India). Service revenue grew ~4.7% for the year.
Operational Cost Discipline and Restructuring
Adjusted S&A expense fell by $22.1 million year-over-year in 2025 due to lower compensation and earlier cost reduction initiatives. Company recorded $6.4 million restructuring charges tied to workforce reorganization with expected annual savings of approximately $10 million beginning in 2026.
Forward Guidance Indicates Recovery and Growth
2026 guidance: net sales $1.24B–$1.28B (organic growth 3%–6.5%), adjusted EBITDA $175M–$190M (margin 14.1%–14.8%), adjusted EPS $4.70–$5.30 (excluding ERP project costs and amortization). Management expects stabilization and efficiency improvements through H1 with results weighted to H2 2026.
TNC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TNC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 23, 2026 | $82.95 | $81.89 | -1.28% |
Nov 03, 2025 | $78.89 | $74.60 | -5.44% |
Aug 06, 2025 | $81.54 | $78.71 | -3.47% |
Apr 30, 2025 | $70.96 | $68.31 | -3.74% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Tennant Company (TNC) report earnings?
Tennant Company (TNC) is schdueled to report earning on Apr 30, 2026, Before Open (Confirmed).
What is Tennant Company (TNC) earnings time?
Tennant Company (TNC) earnings time is at Apr 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TNC EPS forecast?
TNC EPS forecast for the fiscal quarter 2026 (Q1) is 0.41.