Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
Tennant Company (TNC)
NYSEIndustrialsIndustrial - MachinerySnapshot 2026-11-04
$72.84+0.94%
Close 2026-11-04 · 1-day change
NYSEIndustrialsIndustrial - MachinerySnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
5.62 → 5.62 EPS · FY ending Dec 31, 2027 · 3 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 3 to 3; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for TNC yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Operating cash flow improves post-ERP | A primary condition in Tennant Company's published investment case. The stated target is operating cash flow >= $0 million next 4 quarters. | Improving | operating cash flow remains negative next 4 quarters | Cash from operations: $5M FY2026-Q2; GAAP. Published target: operating cash flow >= $0 million next 4 quarters. Target period is not explicitly aligned with this observation. Aug 6, 20265,000,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Next earnings date unavailable
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
TNC is an industrial growth and execution story, with robotics revenue growth supporting the case. The long-term thesis is in a watch state: revenue priorities are progressing, but earnings quality is fragile and recent performance has lagged its industry cohort.
TNC is cheap versus peers, while the priced-in assessment is tagged justified rather than showing unusually concentrated fragility. The valuation signal is not a clear cushion against weak execution, and confidence in the valuation model is high.
Near term, revenue and order momentum have improved, with second-quarter sales higher than first-quarter sales and robotics revenue growing year over year. Margin recovery remains limited despite ERP work, and erratic earnings results and recent misses make the next report a key risk. Capital spending guidance remains steady, while management transitions add some change to monitor.
Over the next few quarters, the thesis depends on TNC sustaining revenue and order growth while stabilizing its ERP system and recovering margins. A reversal of recently raised guidance would weaken confidence in execution. Strong or weak results and guidance from industrial peers could also shape the sector backdrop.
Over a 1-to-3-year view, TNC has evidence of growth progress but has not yet shown consistent margin recovery or dependable earnings execution. The thesis remains on watch, with guidance credibility and sector conditions as important swing factors. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
ERP system stabilizes and profit margins improve | Tennant is fixing its ERP system, improving profit margins. | Under Pressure | gross margin falls below 38.1% next quarter | Gross margin: 42.29% FY2026-Q3; GAAP. Published target: gross margin >= 38.1% next quarter. The stored target says 2026-Q1; this source reports FY2026-Q3. Fiscal/calendar alignment needs review. Nov 3, 202642.289792 percent · calculatedLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Revenue grows through pricing and demand momentum | A primary condition in Tennant Company's published investment case. The stated target is revenue >= $1.26 billion FY26. | Improving | revenue growth falls below 7% next year | Revenue: $322.3M FY2026-Q3; GAAP. Published target: revenue >= $1.26 billion FY26. Target period ends 2026-12-31; this observation covers 2026-Q3. Nov 3, 2026322,300,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$6.41 → $5.62 · observed estimates
$1.34B → $1.36B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $6.41 | $1,339,166,670 | 2 / 3 |
| 2026-07-25 | $6.41 | $1,339,166,670 | 2 / 3 |
| 2026-07-26 | $6.41 | $1,339,166,670 | 2 / 3 |
| 2026-07-27 | $6.41 | $1,339,166,670 | 2 / 3 |
| 2026-07-28 | $6.41 | $1,339,166,670 | 2 / 3 |
| 2026-07-29 | $6.41 | $1,339,166,667 | 2 / 2 |
| 2026-07-30 | $6.41 | $1,339,166,670 | 2 / 3 |
| 2026-07-31 | $6.41 | $1,339,166,670 | 2 / 3 |
| 2026-08-01 | $6.41 | $1,339,166,667 | 2 / 2 |
| 2026-08-02 | $6.41 | $1,339,166,670 | 2 / 3 |
| 2026-08-03 | $6.41 | $1,339,166,670 | 2 / 3 |
| 2026-08-04 | $6.41 | $1,339,166,670 | 2 / 3 |
| 2026-08-05 | $6.41 | $1,339,166,670 | 2 / 3 |
| 2026-08-06 | $6.41 | $1,339,166,670 | 2 / 3 |
| 2026-08-08 | $6.41 | $1,339,166,670 | 2 / 3 |
| 2026-08-09 | $6.41 | $1,339,166,670 | 2 / 3 |
| 2026-08-10 | $6.41 | $1,339,166,670 | 2 / 3 |
| 2026-08-12 | $5.66 | $1,356,866,670 | 2 / 3 |
| 2026-08-13 | $6.41 | $1,339,166,667 | 2 / 2 |
| 2026-08-14 | $6.41 | $1,339,166,667 | 2 / 2 |
| 2026-08-15 | $6.41 | $1,339,166,667 | 2 / 2 |
| 2026-08-16 | $6.41 | $1,339,166,667 | 2 / 3 |
| 2026-08-17 | $6.41 | $1,339,166,667 | 2 / 3 |
| 2026-08-18 | $6.41 | $1,339,166,667 | 2 / 3 |
| 2026-08-19 | $6.41 | $1,339,166,667 | 2 / 3 |
| 2026-08-20 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-08-21 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-08-22 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-08-23 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-08-24 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-08-25 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-08-26 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-08-27 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-08-28 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-08-29 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-08-30 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-08-31 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-01 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-02 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-03 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-04 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-05 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-06 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-07 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-08 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-09 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-10 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-11 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-12 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-13 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-14 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-15 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-16 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-17 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-18 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-19 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-20 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-21 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-22 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-23 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-24 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-25 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-26 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-27 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-28 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-29 | $5.62 | $1,359,975,000 | 3 / 3 |
| 2026-09-30 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-01 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-02 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-03 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-04 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-05 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-06 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-07 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-08 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-09 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-10 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-11 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-12 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-13 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-14 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-15 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-16 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-17 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-18 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-19 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-20 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-21 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-22 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-23 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-24 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-25 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-26 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-27 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-28 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-29 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-30 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-10-31 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-11-01 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-11-02 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-11-03 | $5.62 | $1,360,875,000 | 3 / 3 |
| 2026-11-04 | $5.62 | $1,360,875,000 | 3 / 3 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 2 Buy / Strong Buy · 1 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 0 recorded
Individual price-target observations are unavailable.
0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.