Tennant Co. (TNC) reported a first quarter profit of $0.28 per share Monday morning, down from $0.30 per share in the previous year. The consensus estimate was for EPS of $0.39. Full year 2012 EPS is expected to be between $2.30 and $2.45, compared to the consensus estimate of $2.37.
Tennant gapped open lower Monday and fell sharply in early trade. Shares declined further around midday and closed down by 5.80 at $42.04, with volume at a 6-month high. Tennant sank to over a 3-week low and dropped beneath its 50-day moving average.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.